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War reparations are compensation payments made after a war by one side to the other. They are intended to cover damage or injury inflicted during a war. War reparations can take the form of hard currency, precious metals, natural resources, industrial assets, or intellectual properties. [ 1 ]
Walters, Ronald W. African Americans and Movements for Reparations: Past, Present, and Future. Dedicated to the Memory and Scholarly Legacy of Dr. Ronald W. Walters. Washington, DC: Association for the Study of African American Life and History, 2012. Winbush, Raymond A. Should America Pay? Slavery and the Raging Debate on Reparations. New York ...
There are instances of reparations for slavery, relating to the Atlantic slave trade, dating back to at least 1783 in North America, [1] with a growing list of modern-day examples of reparations for slavery in the United States in 2020 as the call for reparations in the US has been bolstered by protests around police brutality and other cases ...
Reparations are broadly understood as compensation given for an abuse or injury. [1] The colloquial meaning of reparations has changed substantively over the last century. In the early 1900s, reparations were interstate exchanges (see war reparations) that were punitive mechanisms determined by treaty and paid by the surrendering side of a conflict, such as the World War I reparations paid by ...
Reparations (transitional justice), measures taken by the state to redress gross and systematic violations of human rights law or humanitarian law; Reparations for slavery, proposed compensation for the Atlantic slave trade, to assist the descendants of enslaved peoples Reparations for slavery in the United States
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After World War II, both the Federal Republic and Democratic Republic of Germany were obliged to pay war reparations to the Allied governments, according to the Potsdam Conference. Other Axis nations were obliged to pay war reparations according to the Paris Peace Treaties, 1947. Austria was not included in any of these treaties.
The proposal was met with mixed reactions. Germany welcomed the relief, but other nations resisted, particularly France, which was heavily reliant on German reparations to service its own war debts, [2] and many American citizens. After much telephone lobbying by Hoover, it had gained support from 15 nations by 6 July.