About: Soviet "Era of Stagnation"

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About: Soviet "Era of Stagnation" Sponge Permalink

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The 1968 Polish political crisis caused even more chaos as that nation started to fall apart. The effects of the Arab 1973-74 oil crisis produced an inflationary surge followed by a recession in the West, which resulted in a sharp increase in the price of imported consumer goods, coupled with a decline in demand for Polish exports, particularly coal. Poland's foreign debt rose from US$100 million in 1971 to US$6 billion in 1975, and continued to rise rapidly.

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rdfs:label	Soviet "Era of Stagnation"
rdfs:comment	The 1968 Polish political crisis caused even more chaos as that nation started to fall apart. The effects of the Arab 1973-74 oil crisis produced an inflationary surge followed by a recession in the West, which resulted in a sharp increase in the price of imported consumer goods, coupled with a decline in demand for Polish exports, particularly coal. Poland's foreign debt rose from US$100 million in 1971 to US$6 billion in 1975, and continued to rise rapidly.
dcterms:subject	Military USSR Soviet Union Politics dbkwik:resource/gWzGhwNgn8Wua-VqL05Jjg== Disasters
abstract	The 1968 Polish political crisis caused even more chaos as that nation started to fall apart. The effects of the Arab 1973-74 oil crisis produced an inflationary surge followed by a recession in the West, which resulted in a sharp increase in the price of imported consumer goods, coupled with a decline in demand for Polish exports, particularly coal. Poland's foreign debt rose from US$100 million in 1971 to US$6 billion in 1975, and continued to rise rapidly.

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