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A socioeconomic transformation took place rapidly after World War II. [1] In the 1940s, only 31.3% of Brazil's 41.2 million inhabitants resided in towns and cities; by 1991, of the country's 146.9 million inhabitants 75.5% lived in cities, and Brazil had two of the world's largest metropolitan centers: São Paulo and Rio de Janeiro. [1]
The post–World War I recession was an economic recession that hit much of the world in the aftermath of World War I. In many nations, especially in North America, economic growth continued and even accelerated during World War I as nations mobilized their economies to fight the war in Europe. After the war ended, the global economy began to ...
Brazil is the world’s fifth-largest country and Latin America’s largest economy. During the tenure of right-wing President Jair Bolsonaro (from 1 January 2019 to 31 December 2022) there were privatization reforms in Brazil, including plans to privatize the state oil company.
The British and French colonial empires reached their peaks after World War I. In the United Kingdom of Great Britain and Ireland, funding the war had a severe economic cost. From being the world's largest overseas investor, it became one of its biggest debtors with interest payments forming around 40% of all government spending.
The gross domestic product of India was estimated at 24.4% of the world's economy in 1500, 22.4% in 1600, 16% in 1820, and 12.1% in 1870. India's share of global GDP declined to less than 2% of global GDP by the time of its independence in 1947, and only rose gradually after the liberalization of its economy beginning in the 1990s.
Its GDP surpassed that of the United Kingdom in 2012, temporarily making Brazil the world's sixth-largest economy. However, Brazil's economic growth decelerated in 2013 [34] and the country entered a recession in 2014. The economy started to recover in 2017, with a 1% growth in the first quarter, followed by a 0.3% growth in second quarter ...
During the colonial period, sugar followed by gold had been at the center of the economy. After the Gold Rush ended, Brazil lacked another substantial commodity to fill the gap left by the precious metals. [2] During the crisis, the population's purchasing power was severely reduced. The crisis ended during the 19th century, when coffee became ...
The World Economy: Historical Statistics is a landmark book by Angus Maddison. Published in 2004 by the OECD Development Centre , it studies the growth of populations and economies across the centuries: not just the world economy as it is now, but how it was in the past.