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The Long Economic Shadow of World War II in Europe

The Economic History Podcast

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Comparing Eastern Europe to the Western Core

From the 19 fifties and 19 sixties, there was no convergence, but o no divergence, right? So, and you can actually view this in a rather positive way. The postwork period is a golden age of economic growth in western europe. Is a very well known story. And most western european countries had unprecedented growth rates in this period that are not comparable with anything before,. o anything since. But where eastern europe was was failing, if you can use that term, is in comparison with the western preferise. In the 19 eighties, something happens. And not only do growfrats slow down close to zero, but also there is massive divergence

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