The main causes of global economic growth and prosperity from the post war period to the 1970s

Summary. In the 70s of the 20th century, against the backdrop of major changes in the world situation, China's diplomacy opened up a new situation. There are three main changes in the world situation: First, the United States and the Soviet Union have a situation of attacking the United States and defending the United States; Second, Western Europe and Japan have become strong competitors of the United States; Third, the vast number of Asian, African, and Latin American countries have gained independence and become a decisive force in international affairs.

Since the end of the 70s of the 20th century, that is, since the reform and opening up, China's diplomacy has been a period of further improvement of New China's foreign policy. During this period, peace and development became the two major themes of the world, and China adapted itself to the new situation, made major adjustments to its foreign policy and international strategy, and made major contributions to safeguarding world peace and promoting the common development of mankind.

In the 70s of the 20th century, against the backdrop of major changes in the world situation, China's diplomacy opened up a new situation. There are three main points in the changes in the world situation: First, the situation of the Soviet Union attacking the United States and defending the United States and the Soviet Union in the struggle for hegemony has emerged; The second is that Europe and Japan have become strong competitors of the United States; Third, the vast number of Asian, African, and Latin American countries have gained independence and become a decisive force in international affairs. Since the end of the 70s of the 20th century, that is, since the reform and opening up, China's diplomacy has been a period of further improvement of New China's foreign policy.

During this period, peace and development became the two major themes of the world, and China adapted itself to the new situation, made major adjustments to its foreign policy and international strategy, and made major contributions to safeguarding world peace and promoting the common development of mankind.

Since the beginning of the 50s, Wanzhi Prefecture has become a developed capitalist country with economic recovery and transformation, and its economy has entered a period of rapid growth that has lasted for nearly 20 years, which is an important period in the history of economic development of the contemporary capitalist world. In the past 20 years, due to various factors such as the scientific and technological revolution and the development of state monopoly capitalism, the economies of almost all capitalist countries have achieved varying degrees of high-speed growth. The economic power of the superpower, the United States, continued to grow, and the national economy, which had been weakened by the war, grew at a faster rate, creating economies one after another"Miracles"As a result, the economic development gap between the advanced capitalist countries has narrowed markedly.

However, in the process of general high-speed economic growth, various contradictions are also constantly emerging and accumulating, giving birth to crises.

What about the UK? Here's what the UK is all about.

I think this means that the economic development prospects of many countries and regions are not good, and some countries will even encounter relatively serious economic crises.

To a certain extent, because economic development itself has a certain cyclical law, when the debt scale of many countries is getting bigger and bigger, many countries also have excessive over-issuance of currency. After that, because the problem of energy shortage on a global scale is relatively serious, this problem will further lead to the corresponding inflation phenomenon in many countries and regions, and this problem will also have a profound impact on the economic development of each country and region. <>

What's going on here?

It's about the global economy, and when inflation is above 10% in many countries, someone's global economy is in recession, which will be even worse than the worst since 1970. This is a very exaggerated concept, and if this is indeed the case, it will not only mean that the economic development of many countries will show signs of regression, but may even lead to a serious economic crisis in the relevant region, and the economic crisis will further evolve into a social crisis. <>

This means that the economic development prospects of many countries and regions are not good.

This situation is not only in developing countries, but also in developed countries such as Europe and the United States, many countries have a series of economic problems. Some countries have very large debts, others face prices** and inflation, and some countries need to actively deal with GDP recession and high unemployment. Under this series of problems, how to effectively promote economic development has become an issue that every country must carefully consider.

In the end, although this question seems a bit too macro, it also has little to do with us ordinary people. But for each of us, we need to take a serious attitude towards the trend of economic development, and at the same time, we need to think about the corresponding countermeasures in advance.

It shows that the current economic development is very sluggish, due to the impact of the new crown epidemic, coupled with the increasing inflation, so it will lead to such a phenomenon.

Ren Zhengfei's words revealed that the company will face a dilemma of about three years in the future. Ren Zhengfei said in an internal speech that the global economy will face a recession and a decline in consumption power, and Huawei should change its thinking and business policy, from the pursuit of scale to the pursuit of profits and cash flow, to ensure that the next three years of the crisis will be surpassed

The current trajectory of expected rate hikes and other policy actions may not be enough to bring global inflation down to pre-pandemic levels. Investors expect central banks to raise global monetary policy rates to almost 4% in 2023, more than 2 percentage points higher than the average in 2021.

1. The War of Independence overthrew British colonial rule and opened the way for the development of capitalism;

2. The Civil War maintained national unity, abolished black slavery, and further removed the obstacles to the development of capitalism;

3. The promotion of the industrial revolution;

4. Expand the territory and develop the western region;

5. Superior conditions: abundant resources and broad market; The international environment is superior, and it is less affected by war; A large number of immigrants, providing labor and technology.

Mainly because of the establishment of the Bretton Woods system, which determined the direct exchange of dollars with **. At that time, the United States had two-thirds of the world's ** reserves, so it exchanged the dollar with other currencies.

That is, the currencies of various countries are indirectly exchanged with ** through the US dollar, and because ** is inherently a general equivalent, the world's economy is connected into a whole through the circulation of **.

The development of science and technology has promoted the continuous updating of production technology and the rapid increase of productive forces, providing a solid material foundation and a fundamental driving force for economic globalization.

Development of multinational corporations. Transnational corporations (TNCs) provide a suitable form of enterprise organization for economic globalization. Transnational corporations have made use of the advantages of various localities to organize production on a global scale, which has greatly promoted the global flow of various factors of production and the international division of labor, and thus greatly promoted the process of economic globalization.

New science and technology, especially computer and communication technology, are widely used.

The degree of international liberalization has increased significantly.

All countries are actively attracting international capital.

Britain's post-World War II economic development can be divided into three phases:

1) The period of steady development in the post-war 50-60s. Its main characteristics are slow but sustained economic growth, low unemployment, material abundance, and a growing level of people's consumption.

2) Stagflation in the 70s. In the 70s, Britain maintained the lowest economic growth rate, the highest inflation rate, and the highest ** deficit record of any advanced capitalist country.

3) The economic recovery in the 80s. A striking feature is the long duration of the recovery, which lasted seven years. Another feature is a large surplus in the balance of payments, with the highest financial status.

** Strengthen intervention in the economy and form state monopoly capitalism.

Summary. The common reasons are as follows: 1: From the 50s to the 70s of the 20th century, the Cold War era when the United States and the Soviet Union competed for hegemony and dominated the world pattern, was an era of confrontation and mutual penetration between the capitalist camp and the socialist camp.

Since the main adversary of the United States at that time was the Soviet Union, China and Britain were not suppressed, so China and Britain were given the conditions for economic development.

The common reasons are as follows: 1: From the 50s to the 70s of the 20th century, the Cold War era when the United States and the Soviet Union competed for hegemony dominated the world's overall pattern, was an era in which the capitalist camp and the socialist camp confronted each other and penetrated each other. Since the main adversary of the United States at that time was the Soviet Union, China and Britain were not suppressed, so China and Britain were given the conditions for economic development.

2: In the 50s and 70s of the 20th century, just after the end of World War II, China and Britain attached great importance to the national economic work, and attached great importance to the reform of the economic and political system of the country to promote the development of the national economy.

3.Both China and Britain attach importance to improving diplomatic relations with neighboring countries and are actively importing advanced technology and imitation equipment, and the stability of the political system has also provided a better environment for economic construction.