The economics of world war ii is a high level overview of the economies of the major participants in the second world war, and of the effects of the war on their subsequent history. The best books on the aftermath of world war ii five. This was a plan for economic rehabilitation of european nations. Economic recovery and political repression the story of the soviet unions postwar years appears almost as remarkable as the story of the war. During the war 17 million new civilian jobs were created, industrial productivity increased by 96 percent, and corporate profits after taxes doubled. Why was bulgarian so strongly alligned with the ussr after. The soviet economy was a product of global wars and of the beliefs and technologies of the early twentieth century. What were the relations between the usa and ussr during wwii. Second draft numa mazat numa mazat franklin serrano abstract.
Lastly, it will explain how the war changed the economy. A chapter is devoted to each country, while the introductory chapter presents a comparative overview. After the bolsheviks came to power, they established the comintern in 1919. Economic fluctuations in russia from the late 1920s to 2015. The author of savage continent, winner of the hesselltiltman history prize, recommends essential reading for understanding the sheer scale of suffering, dislocation and fighting after the war was over.
And dresden, or the firebombing of hamburg, tokyo and berlin. The golden age of capitalism is a common name for this period in both academic and economics books. Salient features of the soviet union after world war ii include rapid. Its on par with books by tooze and overy on this subject. This scale of debt, was the overriding feature of our post war economy which hung like a shadow over the uk economy and uk politics. This column, part of a vox debate on wwii, lays out three factors that made this paradox possible.
The economic performance of the eastern half of europe after 1945. An analysis of the soviet economic growth from the 1950s to the collapse of ussr. Rebuilding the world after the second world war world news the. After world war i most americans concluded that participating in international affairs had been a mistake. Well, i would dispute fergusons claim that stalin spent the war sitting by a cozy fireplace. An analysis of the soviet economic growth from the 1950s to. World war ii was devastating all over the world, but no other region suffered as much as the western parts of the ussr.
The post world war ii economic expansion, also known as the golden age of capitalism and the postwar economic boom or simply the long boom, was a broad period of worldwide economic expansion beginning after world war ii and ending with the 19731975 recession. Intentions by mark atwood lawrence in february 1946, george f. He mentions western aid much emphasised in european and american accounts, but points out that it amounted to no more than 10 per cent of the total economy and that it came largely after the dire threat of 19412 and after victory at stalingrad. The berlin wall was built in 1961 during the cold war and separated east and west berlin. Not long after the end of wwii, the western allies parted company. So the fact that germans took over most of europe subsequently is kind of neither here nor there because the war ends. The decade following world war ii is fondly remembered as a period of economic growth and cultural stability.
It lasted from 1939 to 1945 and involved 30 countries from every part of the globe. In 1918 the new government formed the red army, which then defeated its various internal enemies in the russian civil war of 191722. This article is adapted from the book outline of the u. The purpose of this paper is to study the soviet economic growth from 1950 to 1991, focusing on the questions of capital accumulation and structural change. Europe, after what we call the ending of the war, was a continent in complete chaos. There were plenty of jobs for returning servicemen. A mericas response to world war ii was the most extraordinary mobilization of an idle economy in the history of the world. The nationalities experience in and after the ussr by dr jeremy smith. From actionpacked eyewitness accounts such as guadalcanal diary to devastating holocaust memoirs like the diary of anne frank and night to the thrilling espionage tale of operation mincemeat, world war ii is the subject of some of the most fascinating and influential nonfiction books ever written each year, seemingly dozens of new titles emerge to offer fresh perspectives and uncover. I mean, essentially it is the deportation of german factories. In the 1950s the soviet economy was growing at around 5% a year, faster than the united states. The united states essentially outproduced its enemies.
Communism is responsible for the deaths of millions, far more than h. Politicaleconomy considerations link stalins capacity to organizing recovery while delaying reforms to the quality of. To win the cold war, the united states became a lowsavings, highconsumption economy. They sought peace through isolation and throughout the 1920s advocated a policy of disarmament and nonintervention. In a report pertaining to the statistics of the economy given to the senate in 1934. In the conventional accounting framework the governments spending for national defense enters fully into gnp.
So are the strange death of liberal england which, additionally, was first published in 1935, ghost wars, a brief history of time, the great bridge, the gnostic gospels, working, the gathering storm, six easy pieces, nicholas and alexandra, death from the skies, summer of 49, homicide, and parting the waters. Linz thelibraryorsqffl julo1984 universityofillinois. In 1945 the red army occupied tallinn, riga, vilnius, warsaw, berlin. Why did the usa ussr alliance begin to break down in 1945. Even today hearing the word makes many think of death and oppression. Another essential growth factor of the soviet economy is the removal of capital equipment from all countries occupied by the red army during and after the war. Why did relations between the ussr and america sour after. Zubok reveals the full extent of stalins brutal postworld war ii suppression of the.
The aim of this chapter is to reconsider the importance of economic factors in the outcome of world war ii and especially on the eastern front. Rebuilding the world after the second world war world. Countless plants and factories, valuable machines and equipment, materials and supplies, rolling stock, rails, and even nails, were shipped to soviet russia. The german invasion of world war ii inflicted punishing blows to the economy of the soviet union, with soviet gdp falling 34% between 1940 and 1942. After all, one ally was the soviet union, in its own way as guilty of crimes against humanity as nazi germany, fascist italy or japan.
Politicaleconomy considerations link stalins capacity to organizing recovery. Despite all the warnings of war, the united states wasnt completely prepared when world war ii broke out. These years, while featuring general industrialization, urbanization and many improvements in the standard of living, were marred by stalinist repressions, social unrest, political strife and severe economic difficulties. Political impact stalin was a harsh dictator who did not hesitate to kill anyone who disagreed with him and he even ordered his own soldiers to kill any troops who retreated or acted as if they would surrender. Vladimir ilyich lenin was one of the leaders of the revolution and was the first leader of the ussr until his death in 1924. Mark harrison abstract the economic dimensions of world war ii are appraised both generally and with specific reference to the eastern front. During the russian civil war between the bolsheviks red russians and czarist forces white russians in the aftermath of ww1, the united states landed forces in serbia in support of the white russians. Italians were portrayed in films or books as essentially goodhearted and generally. In fact, the united states had enjoyed an extended period of economic expansion during the war, and following the war the u. On its centenary, the soviet economy should be remembered but not mourned. Economically, how did the ussr and usa compare at the height. The history of poland from 1945 to 1989 spans the period of communist rule imposed by the soviets over poland after the end of world war ii. Britains economy during the war world war 2 british history. America had won the war and defeated the forces of evil in the world.
The united states, soviet union, western european and east asian countries in particular experienced unusually high. Paranoia, nevertheless, was not an effect that followed immediately after the close of the war. It showed that between 1929 and 1932 national income had dropped by more than 50 percent. The soviet union in the cold war from stalin to gorbachev new. Contrary to early predictions, this high growth also included. In 1961, a new redenominated soviet ruble was issued. The ussr used these new countries as a barrier to protect russia from attacks on the western border, calling these states the iron curtain. Industrial output did not recover to its 1940 level for almost a decade. World war ii killed around 70 million people, or 4% of the worlds population. Apr 05, 2019 the soviet economy recovered from ww2 amazingly quickly. He spent most evenings drinking heavily and watching films with his cronies at his dacha outside of moscow and im pretty sure both the kremlin and his.
The soviet union was supposed to be a society of true democracy, but in many ways it was no less repressive than the czarist autocracy that preceded it. Shopping centers multiplied, rising from eight at the end of world war ii to 3,840 in 1960. The nazis and their allies were bad and they did evil things. Postwar europe was a scene of both physical and moral destruction. However, germany was divided up into eastern and western germany. The economic growth of soviet russia foundation for.
It existed from 1922, at the end of the russian revolution, until 1991 when the. To this point my analysis has proceeded by making use of the conventional categories of the national income and product accounts. This paper will focus on the industrial and agricultural aspects of the economy before, during, and after the war. The 1940 level of gdp has surpassed already by 1950, thanks to the addition of at least 5,500 industrial and power plants disassembled in germany and the chinese manchuria and moved to the ussr however, the russian nation has not recovered from ww2 as yet. The american council of learned societies, in its new series of monographs on current soviet thought, is providing mimeographed english translations of important russian works on contemporary politics, economics and cultural affairs. Countries falling within the ambit of the united states or the soviet union came under pressure to adopt. Its very convenient to think of wars as having neat beginnings and endings but thats rarely the case, especially world war ii. As a result, relations with latinamerican nations improved substantially under hoover, an antiimperialist. Historical detection who killed the soviet economy. Britain and france may have been fighting for liberty, but they were not prepared to extend it to their empires. Usa, great britain, ussr, germany, japan, and italy. The worsening relations between the ussr and the usa came out into the open in 1946 when winston churchill made his famous iron curtain speech in fulton, missouri. The united states, soviet union, western european and east asian countries in particular experienced unusually high and sustained growth, together with full employment.
It aims to provide a text of statistical reference for those interested in international and comparative economic history, the history of world war ii, the history of economic policy, and comparative economic systems. The planned economy could produce a modicum of consumer comfort and occasional luxuries, but its drive for massive economies of scale paradoxically translated into chronic inefficiencies and shortages in the civilian economy. Prices and inflation leveled out and there was a twodecade or so period where things were just about perfect for the stock market and the economy. Perhaps you could describe for us continental europe in the months and years immediately after ve day in may 1945, the date when hostilities officially ended. The depression had rubbed out many of the countrys machine and tool industries, the military was woefully undersupplied, and many soldiers found themselves drilling with toy guns and wooden tanks. Germany had occupied much of europe during world war ii. World war ii was the deadliest military conflict in history. Wwii impact of soviet union by tanner hansen on prezi. Behavioural economics development economics economic history finance.
An introduction by harrison provides an overview and a comparative survey of the six countries covered, the united kingdom, united states, germany, italy, japan, and the soviet union. The united states was both a military power and an economic one. Oct 22, 2012 there were many mercantile interests on stalins part. It basically supported its allies in a recovery, development and growth process that outconsumed the ussr and china. I am planning an atl where beria kills stalin just right after ww2 and manages to get rid of the victory drunk army clique in a purge to end all purges. Soviet union ussr the soviet union was a communist state and the inheritor of the vast russian empires territory. Because the ussr occupied bulgaria in ww2, and it was stalins practice to impose similar, stalinist dictatorships that slavishly followed the lead of the ussr and to use the various ministries of the interior aka internal state police to harass and murder any political opponents until it a soviet government could be proclaimed and any opposition formally outlawed. After world war ii, the american economy hummed along. The eastern part was controlled by the ussr russia and the western part by the allies. Conflict endured even after the fall of communism, as soon as russia emerged as great power again. The volume here translated appeared in russia during 1947 and was written by the deputy premier of the u.
The story of the soviet unions postwar years appears almost as remarkable as the story of the war. The military history of the soviet union began in the days following the 1917 october revolution that brought the bolsheviks to power. World war ii lasted six years and almost all the countries of the world were engaged in it. Historians argue over the exact numbers, so most of the following figures are from the fallen of world war ii. He accused the ussr of dividing europe by an iron curtain behind which all countries were dominated by the ussr and were denied freedom and democracy. And whats nice is that it compares the military industrial economies of all six major powers. Despite being able to draw upon the resources of the british empire and the commonwealth, the united kingdom reached the limit of its was potential relatively early on in the war.
The soviet union, officially the union of soviet socialist republics ussr, was a union of multiple subnational soviet republics. The best books on the aftermath of world war ii five books expert. The economic dimension is at the very heart of the russian story in the twentieth century. Rebuilding the world after the second world war world news. Popular russia ww2 books showing 147 of 64 barbarossa. There were no other great powers after ww2, only us and ussr. Consequently, by the end of world war ii, the united states had opened up a huge. Now, you may also want to read most of what solzhenitsyn wrote. Since berlin was located entirely within sovietcontrolled east germany, in 1948 russia, under stalin, surrounded berlin completely so the western nations could not get supplies into their zone of occupation, hoping to force the west out of berlin, and eventually out of germany. What was the problem between the usa and the ussr after. For that extra output, the soviet union was burning capital. But, he does have a lot of portrayals of soviet life, which are nice to have as a background. The second world war, especially in the light of what came after, seems to be the last morally unambiguous war. The ussr was founded in 1922, five years after the russian revolution overthrew the monarchy of czar nicholas ii.
Many of the countries in the west returned to the same governments and borders they had prior to the war. It was caused by disagreements with the 2 countries. Many industries soon followed, leaving cities for less crowded sites. Could the ussr have survived with a planned economy andor.
Moreover, the economic crisis that led the ussr to the brink tilted most of. During its lifetime, many other countries made similar or greater social and economic gains with more consent and less violence. The best books on the aftermath of world war ii five books. The economy went from a focus on military spending to a focus on consumer spending. How communism took over eastern europe after world war ii. The soviet economy recovered from ww2 amazingly quickly. The impact of world war ii on the soviet economy has received little scholarly. Europe in the aftermath of world war ii by keith lowe. Both come from our featured book this month, america in the world.
Although soviet military power remained competitive with the west, it fell behind in other key indices. The ussr stands for union of soviet socialist republics consisting of russia and the surrounding countries. The soviet union had its roots in the october revolution of 1917, when the bolsheviks, headed by vladimir lenin, overthrew the provisional government that replaced. The united states also recognized during the postwar period the need to restructure international monetary arrangements, spearheading the creation of the international monetary fund and the world bank institutions designed to ensure an open, capitalist international economy.
At the end of ww2, the us had a 40% share of global gdp. Fortunately,this situation is reversing as morescholars are beginningseriousanalyses ofthewarperiod. The government expenditures helped bring about the business recovery. The soviet union gave a qualified assent, although its leader stalin had no. The best books on the aftermath of world war ii recommended by keith lowe. It was founded five years after the russian revolution. The berlin wall came to show the different ideologies between the different systems of governments, how they worked and what the people thought about them. It is a curious and disturbing mixture of statistical fact, marxian dialectic and soviet propaganda and the reader has difficulty in discerning which is which. Political economy considerations link stalins capacity to organizing recovery. The city of petrograd was renamed leningrad in his honor. Economy by conte and karr and has been adapted with permission from the u. However, the russian nation has not recovered from ww2 as yet. The political risk of restoring communism and returning to a planned economy existed until the presidential elections in the middle of 1996, which is when boris yeltsin won a new 4year term. The 1940 level of gdp has surpassed already by 1950, thanks to the addition of at least 5,500 industrial and power plants disassembled in germany and the chinese manchuria and moved to the ussr.
From the invasion of the soviet union, nazi germany waged a war of extermination. When the soviet war effort is examined more closely, it becomes surprising that the soviet economy did not collapse in 1942. Millar 1980 offers a seminalanalysis ofthe financialaspects ofthe. After this goldilocks period of relative economic calm, weve witnessed many of these trends reverse. Economic issues were the cornerstone of soviet ideology and the soviet system, and economic issues brought the whole system crashing down in 198991. Official statistics became much more reliable after the ussr.
The hardships of the previous fifteen years of war and depression were replaced by rising living standards, increased opportunities, and a newly emerging american culture confident of its future and place in the world. Slashes army budget and then he basically enacts lenins nep. The war between usa and ussr now russia happened a few years later after world war ii. The population of the soviet union was probably better prepared than any other nation involved in the fighting of world war ii to endure the material hardships of the war. Sep 11, 2009 the second world war, especially in the light of what came after, seems to be the last morally unambiguous war. The soviet union literally occupied, packed up, and shipped out of eastern. Prior to ww2 relations between the two nations were frigid at best. Countries in us sphere of interests became anticommunist, and those in ussr sphere communist, with notable exceptions mentioned in my answer. Jan 27, 2020 the united states also recognized during the postwar period the need to restructure international monetary arrangements, spearheading the creation of the international monetary fund and the world bank institutions designed to ensure an open, capitalist international economy.
The postworld war ii economic expansion, also known as the golden age of capitalism and. In the end he comes down on the side of the planned economy. People say that despite his ailing health, this was one of keynes greatest hours passionately and brilliantly explaining why britain. Not as historical research, most of his stuff is romanticized or novelized.
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