A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
The 1980s ended on a completely different note from which it started. Minutes after Ronald Reagan, a Hollywood personality, was sworn in as the 40th US president, Iran released the American hostages. Working with Soviet leader Mikhail Gorbachev, he managed to end the Cold War and the Berlin Wall fell in 1989. In the 1980s, capital spending began again in earnest. The oil shocks of the 1970s had slowed economic growth, which reduced capital spending. By the mid-1980s, the industrialized world began to invest in modernization programs. Similarly, governments realized that infrastructure such as bridges and roads were in disrepair. The mining industry saw demand build to a crescendo in the late 1970s and then fall off at the beginning of the 1980s. In the 1980s, South Africa was still the dominant gold producer, but other regions began to post significant gains, especially Nevada. Gold started the decade with a high level of price volatility.
The 1980s ended on a completely different note from which it started. Minutes after Ronald Reagan, a Hollywood personality, was sworn in as the 40th US president, Iran released the American hostages. Working with Soviet leader Mikhail Gorbachev, he managed to end the Cold War and the Berlin Wall fell in 1989. In the 1980s, capital spending began again in earnest. The oil shocks of the 1970s had slowed economic growth, which reduced capital spending. By the mid-1980s, the industrialized world began to invest in modernization programs. Similarly, governments realized that infrastructure such as bridges and roads were in disrepair. The mining industry saw demand build to a crescendo in the late 1970s and then fall off at the beginning of the 1980s. In the 1980s, South Africa was still the dominant gold producer, but other regions began to post significant gains, especially Nevada. Gold started the decade with a high level of price volatility.
Global Competition Grows in the 1980s
Steve Fiscor (author)
2016
Article (Journal)
English
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