Greek Economic Miracle
Greek Resistance, Axis occupation of Greece during World War II, Greek drachma
978-613-7-27498-9
6137274985
92
2011-10-04
34.00 €
eng
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The term Greek economic miracle has been used to describe the impressive rate of economic and social development in Greece from the early 1950s to the mid-1970s. Between 1950 and 1973, the country had an average rate of economic growth of 7%, second in the world only to Japan’s during the same period. Growth rates were highest during the 1950s, often exceeding 10%, close to those of a modern "tiger economy". The term "miracle", though, is relatively little used, at least in Greece. Growth widened the economic gap between rich and poor, intensifying political divisions.
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