Remember, Volcker put the country through its worst recession in the postwar period, 1981-1982, wringing out systemic inflation.

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So in the postwar period, the greatest progress has been for that group of people who are being paid for by the government.

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After all, it was the Pentagon that gave an early boost to computers during World War Two, and then helped spawn innovations such as jet engines, lasers and digital networking in the postwar period.

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"Microcredit groups have had a significant role in Bosnia and Herzegovina in the postwar period, increasing income levels, reducing poverty, developing businesses and stimulating employment, " says Kemal Kozaric, governor of the country's central bank.

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Italians have traditionally turned out at far higher levels than in other European countries and the U.S., but in this election 75% of the electorate cast ballots, the lowest level in the postwar period.

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More important in terms of actual building, the glass boxes were economical compared to Beaux Arts marble, a crucial consideration in the period of postwar inflation.

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Unfortunately, the volume of global trade has actually diminished in the past two years, remarkable for the postwar period.

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