Lingering Problems of Recovery
The eight years of post-war experience have demonstrated the outstanding fact that, except in the actual fields of conflict, the dislocation caused by the war was immensely more serious than the actual destruction. … It is all in one form or another a maladjustment— not an insufficient productive capacity but a series of impediments to the full utilisation of that capacity. The main obstacles to economic revival have been the hindrances opposed to the free flow of labour, capital and goods.1
KeywordsMigration Depression Europe Petroleum Shipping
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- League of Nations, Economic and Financial Section, The World Economic Conference: Final Report (Geneva: League of Nations, 1927), pp. 10–29, with deletions.Google Scholar