Publisher's Synopsis
Economically, at least, the start to the 1990s has been less than auspicious. Amid growing fears of a slump to match the 1930s, for many, the feeling must be one of deja-vu. Yet despite the vicissitudes of the 20th century, the European economy has proved remarkably resilient, and past history does not suggest that current problems will prove insoluble.;As with the earlier edition, "The European Economy 1914-1980", this updated and revised volume aims to present a succinct and lucid summary of this past. It examines the economic development of Europe between 1914 and 1990 and provides a broad survey of the main economic trends and forces which have been at work this century.;This text divides into clearly defined periods: from the depression of the 1920s and 1930s; the upset of two world wars; the post-war boom; through the oil crises and recurrent inflation and unemployment. This edition has been modified to take account of the decade 1980-90, and as such, covers some of the most dramatic and profound economic events of the 20th century.