GDP growth per country in Eastern Europe 1950-1969
less-developed stage than the likes of Britain, France, or West Germany, the Soviet model proved to be an economic success in these decades.
During the post-war economic boom, between the Second World War and the 1970s' recession, virtually all areas of Europe experienced significant economic growth. While this period is known as the "Golden Age of Capitalism" in Western Europe, communist countries in Eastern Europe (with socialist economic systems) generally experienced higher GDP growth rates in the 1950s and 1960s. Although most of these economies entered the period at a much