According to the online economy report, from the point of view of economic reforms, wars can sometimes become the turning point of any country and nationality. From Germany after World War II to Rwanda after the genocide and Iraq after the 2003 invasion, each country has experienced a different story of collapse, reconstruction, and sometimes failure.
For example, after the end of World War II in 1945, Germany faced one of the most devastated economies in history. Destroyed industrial infrastructure, hyperinflation, extensive black market and deep institutional instability had created conditions that made it difficult to meet even basic needs.
But what measures did that country put on the agenda that made Germany the world’s leading economy in less than a decade?
In addition to Germany, the movement of countries such as Bosnia and Vietnam was put under the microscope, which can be a beacon for the country’s policymakers.
In this video report, Germany’s admirable actions during the transition were fully described.
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