The Dawes Plan was written in 1924 with the intention of taking Weimar Germany out of hyperinflation and to return Germany’s economy to stability. An American named Charles Dawes was the head of this committee, hence the name ‘Dawes Plan’. USA. UK, Italy, Belgium and France were the 5 nations that were represented in the committee, each of the nations forwarded two experts in finance to help draw up the plan. There was a somewhat ulterior motive for finding some way to restructure Weimar’s economy. While it was clear that the Weimar Republic was unable to pay off her reparation payments in 1923/1924, however if the Dawes committee could find a solution to boost Germany’s crippled economy, in the future years she would be in a position where
