Wirtschaftswunder
/ˈvɪətʃaftsˌvʊndə
/ /ˈvɪrtʃaftsˌvʊndə/noun
An economic miracle, especially the economic recovery of the Federal Republic of West Germany after the Second World War: they turned a subsistence farming community into a Wirtschaftswunder, discovering the world’s most fabulous deposits of diamonds and gold...
- But it does mean that such possibilities may soon be seriously considered, especially if Germany's new government fails to create a new Wirtschaftswunder (economic miracle).
- While economists cautiously predict that Germany could be heading for a new Wirtschaftswunder - economic miracle - few in this country of 80m feel much optimism after being condemned as the sick man of Europe for so long.
Origin
German.