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Favourable Economic Situation in West Germany
Marshall Aid (1948)
Korean War (1950)
Treaty of Paris (1951)
West Germany Joins IMF (1952)
West Germany Joins NATO (1955)
Marshall Aid to West Germany
(1948) - Creates ‘economic miracle’ in west Germany - $1,391 million 1948-1952
Effects of Korean War on West Germany
(1950) - provided boost in demand for German steel and manufactured goods
Effects of Treaty of Paris on West Germany
(1951) - formed European Coal and Steel Community → lead to formation of European Economic Community (ECC) 1957
West Germany Joins IMF
(1952) - International Monetary Fund - West Germany also funded and assured when it joined NATO - 1955
Poor Economic Situation in West Germany
Ulbricht’s Programme of forced collectivisation
Falling living standards
Worker’s strike in East Berlin (1953)
1950s - East German population 1/3 of West German
1950s - East German output 20% of West German
Worker’s Strike in East Berlin
(June 1953) - major rebellion over economic issues - EG must catch up to WG)
Migration from East → West Berlin
August 12th 1961 alone - 40,000 fled East to West Germany
From 1945-61 1/6 of German population migrated to West
Improved West German economy - skilled workers
Damaging for East German economy
