The Response of the Energy Industry to Structural Transformation
The early seventies marked the end of a phase of expansion and rapid economic growth. The golden age between 1948 and 1973 was followed by stagnation and a succession of recessions and crises. In almost all industrialized nations of the West (and in the developing countries), politicians, industry and the working population have been confronted with a transformation of the economic environment only paralleled during the last one hundred years by one other, indeed even more instable period, namely the Great Depression.
KeywordsEnergy Market Energy Industry Hard Coal Industrial Energy Consumption West German Industry
Unable to display preview. Download preview PDF.