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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (37369)7/18/2008 11:43:51 AM
From: elmatador  Respond to of 219680
 
“Europe is developing a peculiar sort of post-industrial economy. As manufacturing industry declines in importance in rich countries, production is supposed to switch to profitable services. Instead, the fastest increases in production in Western Europe this decade have been in heavily subsidised farming. According to the World Bank, agricultural production in most European countries grew by more than 3% a year from 1980 to 1985—led by Holland (7.8%), Denmark (5.1%) and West Germany (4%). Services grew by barely 2% a year. In little over a decade, the EC’s sugar regime has turned the community from a major net sugar importer to the world’s largest exporter.

Source: Elmat's book. 1989