Abstract
The present study puts the post-war acceleration of growth in world trade in historical perspective and relates it to movements in income. In particular, the author analyses the interaction between the industrialized countries of Europe and America in the process of generating growth and fluctuations in the world economy. New estimates are presented of the value and volume of world trade, as well as figures for major countries and regions that have not hitherto been readily available in a comparable form. Estimates are also presented on the long-term growth of income in all the main industrial countries.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.