Germany. Reparation and Crisis management 1924 - 1929. The political consequences of the Dawes- and Young-plans. A failed crisis management - Weimar
Deutschland. Reparations- und Krisenmanagement 1924 - 1929. Die politischen Wirkungen des Dawes- und Young-Plans. Ein gescheitertes Krisenmanagement -
Keywords: Germany between the two World War; geopolitical position of Germany; Dawes and Young-plans; appointing Hitler's as Chancellor
Albeit Germany lost the Great War, its geopolitical position was strengthened. The great powers such as Russia and the Austro-Hungarian Empire disappeared from its country boundaries, and France was seriously weakened. Germany still had the highest economic potential of continental Europe. What Germany had to solve was the financing of the economy, wich was hindered by Brand's increase of public debt from the pre-war 5 billion to 100 billion as well as by the reparation payments. The former was largely eliminated by the superinflation in 1923 while the latter was solved by the end of the 1920s through the help of the Dawes- and Young-plans. The reason for the collapse of the Weimar Republic was not the economic crisis, but the incorrect management of the political crisis in 1930-1932. This incorrect management shaped the President's governments from 1930, whose failure led to Adolf Hitler's appointment as Chancelor.
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