At its birth in 1948, the West German Deutsche mark scarcely seemed to be a currency that could produce a miracle. Most of the country’s war-wrecked industry still lay in ruins; the economy was torn ...
Why did Germany, defeated in both World War I and WWII, recover so strongly after the latter, but not after the former?
The first public offering of Deutsche Mark bonds of the International Bank for Reconstruction and Development will be made in Germany on April 9, 1959. The offering will consist of DM 200 million ...
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