Joseph Dodge

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Joseph M. Dodge was a chairman of the Detroit Bank, and later served as an economic advisor for postwar economic stabilization programs in Germany and Japan.

Dodge formed economic reconstructuring plans for the West Germany after the World War II, and implemented financial reforms in 1948. He later moved to Japan as a special ambassador in December 1948, and drafted another economic stabilization plan, widely known as the Dodge Line. It was based on the nine principles of economic stabilization that was announced in Washington in December 1948.

From 1953 to 1954 he was director of the bureau of the budget.


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