The slow-down in economic growth and the rise in unemployment in
the 1970s revived some of the uncertainties experienced by
industrialized economies during the inter-war period. After more
than a decade of stagnation, the period of sustained growth in the
thirty years following the Second World War now seems increasingly
to have been an exceptional phase in an overall development process
still dominated by wide fluctuations in economic growth rates. Slow
Growth and the Service Economy examines what it means to live in a
period of economic recession and analyses social patterns in
response to the slowing down of financial and economic growth.
General
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