Contemporary World
The Second World War is remembered vividly by many countries, perhaps not because of the many people who lost their lives but more so because of the aftermath. During the Second World War it was also the time that the world underwent the infamous Great Depression. This is the time that the economies of virtually every country failed. People lost their jobs and went without food. There was an economic crisis in the whole world. After this war the economy of all countries in the world were affected. The governments thus had to come up with policies to counter the effects of the war. This discussion looks at the policies that were taken by some governments to counter the effects ad also compares to see how similar the policies were. The countries in focus are Japan, Britain and Germany (Turton. 31-33).
Japan was one of the countries whose economy performance after the Second World War came as a surprise to many. This is what is commonly referred to as the post war economic miracle. Japan’s economic policies after the war involved getting America into the picture thus the latter invested heavily in the country and this contributed to the enormous economic growth. This growth is also partly attributed to the intervention taken by the Japanese government where all suppliers, manufactures, banks, distributors and stakeholders united to form a cooperation whose main aim was to steer the growth of the economy in the country (Turton. 45-48).
Britain on the other hand had many policies in mind in their attempt to recover from the post-election. To begin with Britain had to come up with an economic system that served the needs of all people equally than was the case in the past. Secondly, they had to counter their current position of being an international debtor having used most of the monetary reserves during the war. It was also in the agenda to drive back all the people who had participated in the war to become productive and thus contribute in the growth and development of the country’s economy (John. 42-45).
Germany similarly had suffered a big blow economically as a result of the Second World. Its strategy was pretty similar to those of other countries discussed earlier. It was also trying to bring back the economy back to its feet. And just like the case in Japan the economic growth was quite amazing. It is thus clear that almost all European countries took similar steps to bring their economies back to life (Turton. 59).
Looking at Yugoslavia in 1990, it was almost obvious that the country was breaking up. It was faced with massive inflation and it owed many debts to other countries which its economic status would no longer sustain. There were also many political problems in the country and by the year 1990, it was apparent that the economic status of the country could not be reconciled (John. 68-71).
After the Second World War Europe experienced massive immigration with many people leaving their countries to settle permanently in European countries. It is not clear why all of sudden many people preferred to move in this direction but analysts argue that it could be because of the economic growth experienced in most of the countries in the region. Many people felt that there were more opportunities in these countries than in their native countries. This has been the case in the United States of America for couple of years but the difference is that the immigration in U.S.A. began recently while Europe it has been experiences since the Second World War ended (Turton. 77-79).
Looking at these facts it is valid to conclude that there is a possibility that may become a political entity just like the United States of America if the current trade is to go by.
Work cited
John. K. The Economic Consequences of the Peace, New York: Indo-European
Publishing, 2010.
Turton. et al. Immigration in Europe: issues, policies and case studies, New York:
University of Deusto, 2003.