The economy of West German was crumbling under the foreign policies of price and wage controls , before the end of World War II in 1948. On top of that, the countrys philosophy of communalism and Director Hitlers guidelines about get refused majority of Germans a chance to engage in global financial advancement of the nation. In addition to, following your Moment Realm Conflict, there seems to be entire damage using the countrys facilities and colossal loss of life of that functioning populace . At the same time, the countrys currency lost cost as inflation gone through the roof nevertheless 12 several years subsequently, Western side German appeared like the 3rd largest sized economic crisis across the world. The objective of this report may be to look at the change of Western German in a durable economic conditions in 1948 into world-wide very competitive economic situation hitherto, in any other case identified as an global financial miracle. The session of Ludwig Erhard as director of Bizonal Economical Council was the starting of West Germans monetary revival . On his tenure, Erhard revealed a few major reforms that turned out to be a springboard in the countrys economic victory. The most important change creation of new forex Deutschemarks, to switch the useless Reichsmarks .Unlike the old forex that has been copious among the list of human population, the most recent currency was hard to find. Furthermore, a directive to convert all resources, credits and debts from Reichsmarks into Deutschemarks shrunk the previous money so the accrued success with residents .