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In three years the ERP gave away $12.4 billion (about 5% of the 1948 American GDP of $270 billion) for modernizing the economic and financial systems and rebuilding the industrial and human capital of war-torn Europe, including Britain, Germany, France, Italy and smaller nations.
Following a moderate downturn, industrial production grew slowly but steadily between 2003 and 2007. The sector, however, averaged less than 1% growth annually from 2000 to 2007; from early 2008, moreover, industrial production again declined, and by June 2009, had fallen by over 15%, the sharpest decline since the Great Depression. Since then ...
Pages in category "May 1937 events in Europe" The following 3 pages are in this category, out of 3 total. This list may not reflect recent changes. N.
Pages in category "1937 in Europe" The following 16 pages are in this category, out of 16 total. This list may not reflect recent changes. 0–9. 1937 in Denmark;
A Diplomatic History of Europe Since the Congress of Vienna (1958), 736pp; a basic introduction, 1815–1955 online free to borrow; Baumgart, Winfried. Imperialism: The Idea and Reality of British and French Colonial Expansion, 1880–1914 (1982) Betts, Raymond F. The False Dawn: European Imperialism in the Nineteenth Century (1975)
The Industrial Revolution spread southwards and eastwards from its origins in Northwest Europe. After the Convention of Kanagawa issued by Commodore Matthew C. Perry forced Japan to open the ports of Shimoda and Hakodate to American trade, the Japanese government realised that drastic reforms were necessary to stave off Western influence.
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The American economy took a sharp downturn in mid-1937, lasting for 13 months through most of 1938. Industrial production declined almost 30 percent, and production of durable goods fell even faster. Unemployment jumped from 14.3% in May 1937 to 19.0% in June 1938. [1] Manufacturing output fell by 37% from the 1937 peak and was back to 1934 ...