1945

Introduction

The economic problems that confront the world in 1951 centre on the threat of inflation and of impending shortages of goods. These problems are at the opposite pole from those with which the world appeared to be faced two years earlier. During the intervening period, both the volume of goods produced and the volume of international trade rose to new heights, but not without serious economic difficulties in a number of countries.

Related Subject(s): Economic and Social Development
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