El Almeria:
Alemania sufre de amnesia
3 September 2015
... Tambien lo estudio el historiador Albrecht Ritschl, de la London School of Economices (LSE). En medio de la Guerra Fria, los...
Germany suffers from amnesia
Also studied it the historian Albrecht Ritschl, of the London School of Economices (LSE). In the midst of the cold war, the allies spared debt owed by Germany. 'Ritschl showed that debt cancellation was equivalent to up to four times the total of the economic output of the country in 1950 and laid the foundations for rapid post-war economic recovery,' said the London University in a release last year. The equivalence between the situation facing Germany in 1945 and which faces Greece today is not an argument accepted by everyone.
This article was published online by El Almeria (Spain) on September 3, 2015
Link to article here
Related publications
'Reparations, Deficits, and Debt Default: the Great Depression in Germany', Albrecht Ritschl, Centre for Economic Performance Discussion Paper No.1149, June 2012
Related links
Albrecht Ritschl webpage
Department of Economic History webpage