To What Extent Was Stresemann Responsible for the Increased Stability in Germany in 1924-29?

To what extent was Stresemann accountable for the increased stability in Germany in 1924-29? The increased stability in Germany during the years of 1924-1929 was due to Gustav Stresemanns policies. I will be reflecting on the reasons that suggest he was creditworthy for this. Before Stresemann came into power German enconomy was in the air. As the post-mortem exami community in 1923 he led Germany out of the hyperinflation crisis and as the oversea minister, he ended Germanys closing off amongst the international community and helped the nation to become a magnet for immaterial investment. Stresemann was admired by some, reviled by others. In September 1923 when the Germans were unable to consecrate reperations to France, french and Belgian troops took resources from the Rurh area as stipendment, which influenced the German workers to protest to work in Ruhr. The workers strike worsened the fall in production. This encouraged Stresemann to call off the passive resistanc e and he agreed to repay the reperations and persuaded workers to return to work. This led to Stresemann negotiating with the Dawes plan in 1924, where the US loaned Germany 800 million gold marks which Germany used to pay the reperations and end hyper inflation.

He also negotiated with the Young plan in 1929 which reduced reperations to the US and the payment period was extended to 59 years. This aided German economic restructuring and the normalisation of diplomatic relations, specially with France. Which softened the burdens of war reperations and stabilised the currency. All of this was proof of Stresemanns Political courage. The contrasted policy was Stresemanns greatest achievem ent. He helped to take Germany out of isolat! ion and regained trust and respect from other countries by adhering to the treaty of Versailles. He also signed the treaty of Locarno in 1925 which was the non-aggression pact amongst Germany, Belgium, Britain, France and Italy; A pledge to recognise German, French and Belgium borders. Which resulted...If you want to condense a full essay, order it on our website: OrderEssay.net

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