Economic Prospects of the 1980s
It would be generally agreed that the economic prospects of Europe and of the world look very uncertain at present. In the first twenty-five years after the war, people became accustomed to continued growth year by year at remarkably high rates — 4–5 per cent on the average — to full employment and a rapid rise in living standards in the industrially developed countries; growth has also accelerated in the underdeveloped countries, though this did not prevent the absolute differences between rich and poor becoming steadily larger.
KeywordsZinc Sugar Nickel Depression Europe
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