A major new history of economic regimes and economic performance
throughout the twentieth century. Ivan T. Berend looks at the historic
development of the twentieth-century European economy, examining both
its failures and its successes in responding to the challenges of this
crisis-ridden and troubled but highly successful age. The book surveys
the European economy's chronological development, the main factors of
economic growth, and the various economic regimes that were invented
and introduced in Europe during the twentieth century. Professor Berend
shows how the vast disparity between the European regions that had
characterized earlier periods gradually began to disappear during the
course of the twentieth century as more and more countries reached a
more or less similar level of economic development. This accessible
book will be required reading for students in European economic
history, economics, and modern European history.