Economic consequences of the 1953 London Debt Agreement

In 1953, the Western Allied powers approved the London Debt Agreement, a radical plan to eliminate half of Germany’s external debt and create generous repayment conditions for the remainder. Using new data from the historical monthly reports of the Deutsche Bundesbank, this column argues that the ag...

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Bibliographic Details
Main Authors: Galofre-Vila, G, McKee, M, Meissner, C, Stuckler, D
Format: Record
Published: Centre for Economic Policy Research 2016