1. Does the gap between rich and poor countries widened?
... improve, or on the contrary being optimistic because as a "new- phenomenon it has a lot to learn and solutions could maybe be found to help the poor. The oil crisis in 1973, the "oil shock- was a turnabout for most of the countries and their economy. This crisis showed the world that Keynesianism was no longer efficient and that a new strategy was required ... upper and lower social layers are larger than they have ever been since collection of income distribution statistics began at the end of the nineteenth century. The increase of liberalisation, deregulation, privatisation, internat...
- Word Count: 6472
- Approx Pages: 26
- Has Bibliography
- Grade Level: Undergraduate