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11 - World War II Reparations to the Allies

Published online by Cambridge University Press:  19 October 2023

Simon Hinrichsen
Simon Hinrichsen
Affiliation:
University of Copenhagen
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Summary

Chapter 11 looks at the much smaller World War II reparations to the Allies. The Allies had learnt from previous reparations disasters and focused on the de-industrialisation of Germany and Japan. Only small reparations were actually paid, and the transfers were offset by US loans from the Marshall Plan. I show how even though reparations were agreed, they were not necessarily paid, using a case study of German reparations to Denmark.

Keywords

PotsdamMarshall PlanKeynesParis Conference on ReparationsDenmarkGermanyhistory
Type
Chapter
Information
When Nations Can't Default
A History of War Reparations and Sovereign Debt
 , pp. 139 - 143
Publisher: Cambridge University Press
Print publication year: 2023

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