As in the earlier editions of this work, Professor Aldcroft presents a succinct and lucid account of the development and problems of the European Economy throughout the twentieth century. The text divides into several clearly defined sub-periods: the aftermath of the First World War and reconstruction in the 1920s, through the depression and recovery of the 1930s, the impact of the Second World War and the new division of Europe, the postwar boom of the 1950s and 1960s, and then on to the growth slowdown of the 1970s and the pervasive problems of inflation and unemployment.
This new edition incorporates extensive revisions, including wide coverage of the impact of economic union and the demise of the centrally-planned economies, revised bibliographies and topics for discussion. The European Economy 1914–2000 provides an invaluable guide to the major economic changes in both Western and Eastern Europe during the twentieth century.
Derek H.Aldcroft is Research Professor in Economic History at Manchester Metropolitan University. He is also editor of the Routledge European Economies Series.