Title |
Disaster and Recovery
|
Author |
Jack Hirshleifer |
|
Categories
|
Public Economics
Economic History
Agricultural and Natural Resource Economics
|
Type |
Article |
Description |
Defeated in battle and ravaged by bombing in the course of World War II, Germany and Japan nevertheless made postwar recoveries that startled the world. Within ten years these nations were once again considerable economic powers. A decade later, each had not only regained prosperity but had also economically overtaken, in important respects, some of the war's victors. |
URL |
http://www.econlib.org/library/Enc/DisasterandRecovery.html |
