Germany received less than half what the UK received from the Marshall Plan [1], and of course still had to pay reparations and some plans to dismantle German industry were also carried out.
Also from the same page: "Former U.S. Chairman of the Federal Reserve Bank Alan Greenspan gives most credit to Ludwig Erhard for Europe's economic recovery. Greenspan writes in his memoir The Age of Turbulence that Erhard's economic policies were the most important aspect of postwar Western Europe recovery, far outweighing the contributions of the Marshall Plan. He states that it was Erhard's reductions in economic regulations that permitted Germany's miraculous recovery, and that these policies also contributed to the recoveries of many other European countries. Japan's recovery is also used as a counter-example, since it experienced rapid growth without any aid whatsoever. Its recovery is attributed to traditional economic stimuli, such as increases in investment, fueled by a high savings rate and low taxes. Japan saw a large infusion of US investment during the Korean war."
Ludwig Erhard is still known and popular today.
[1] And we know how badly UK industry up until Iron Lady.
Please have a look at http://en.wikipedia.org/wiki/Marshall_Plan#Expenditures
Germany received less than half what the UK received from the Marshall Plan [1], and of course still had to pay reparations and some plans to dismantle German industry were also carried out.
Also from the same page: "Former U.S. Chairman of the Federal Reserve Bank Alan Greenspan gives most credit to Ludwig Erhard for Europe's economic recovery. Greenspan writes in his memoir The Age of Turbulence that Erhard's economic policies were the most important aspect of postwar Western Europe recovery, far outweighing the contributions of the Marshall Plan. He states that it was Erhard's reductions in economic regulations that permitted Germany's miraculous recovery, and that these policies also contributed to the recoveries of many other European countries. Japan's recovery is also used as a counter-example, since it experienced rapid growth without any aid whatsoever. Its recovery is attributed to traditional economic stimuli, such as increases in investment, fueled by a high savings rate and low taxes. Japan saw a large infusion of US investment during the Korean war."
Ludwig Erhard is still known and popular today.
[1] And we know how badly UK industry up until Iron Lady.