Institutional Reforms and Economic Policy of the Cabinets of the Weimar Republic in the 1919–1924s

Abstract

The article analyzes the economic policies of the first cabinets of the Weimar Republic during the overcoming of the post-war crisis and the transition towards stabilization. The authors describe the variants of the economic transformation programs and investigate the process of preparation and implementation of institutional reforms. It is shown that the adequacy of practices and policies of the first Weimar cabinets corresponded with the “current challenges” and concrete needs of German society. The main attention is focused on building a strong foundation of a social-oriented state as well as on solving the problem of reparations.