In July 2008 the price of oil peaked and began to decline and Alberta's economy soon followed suit, with unemployment doubling within a year.

When pro-reform forces came into power in the spring 1997, an ambitious economic reform package, including introduction of a currency board regime, was agreed to with the International Monetary Fund and the World Bank, and the economy began to stabilise.

When pro-reform forces came into power in the spring 1997, an ambitious economic reform package, including introduction of a currency board regime, was agreed to with the International Monetary Fund and the World Bank, and the economy began to stabilise.

By winning operationally, strategically it could not keep up the momentum as the superiority of the Soviet Union's industrial base and economy began to take effect.

The economy remained sluggish until 2003, when it began to show clear signs of recovery, achieving 4. 0 % real GDP growth.

, two years after its implementation began, the security situation of inside Colombia has shown some measure of an improvement and the economy, while still fragile, has also shown some positive signs according to observers, but relatively little has yet to have been accomplished in structurally solving most of the country's other grave problems, possibly in part due to legislative and political conflicts between the administration and the Colombian Congress ( including those over the controversial project to eventually re-elect Uribe ), and a relative lack of freely allocated funds and credits.

The economy began to change visibly during the 1970s as tourism gained in importance.

Shortly afterwards, Ryzhkov, after replacing Vladimir Dolgikh, began to oversee the civilian economy.

Over 1999 and early 2000, the U. S. Federal Reserve increased interest rates six times, and the economy began to lose speed.

In 1780 the barrilla growing economy began.

Faced with the potential decrease or cessation of some of the assistance programs upon the Compact's financial provisions ' expiry in 2001, the Government of the FSM in 1996 began to implement a program of economic reforms designed to reduce the role of the public sector in the economy.

In the later part of the 18th century the manual labour based economy of the Kingdom of Great Britain began to be replaced by one dominated by industry and the manufacture of machinery.

In early 1569, new silver discoveries briefly revived the economy, which led to the founding of Tegucigalpa, which soon began to rival Comayagua as the most important city of the province.

The economy, long based on agriculture, began to industrialize after 1790.

This only began to change in the 1970s, partly due to the discovery and development of North Sea oil and gas and partly as Scotland moved towards a more service-based economy.

This only began to change in the 1970s, partly due to the discovery and development of North Sea oil and gas and partly as Scotland moved towards a more service-based economy.

The first exports began in 1963 with the discovery of oil helping to transform the Libyan economy, although imposing a resource curse on Libya.

Italy began penetration of Albania's economy in 1925, when Albania agreed to allow it to exploit its mineral resources.

In the 2000s Zimbabwe's economy began to deteriorate due to various factors, including mismanagement and corruption, the imposition of sanctions, such as among others the Zimbabwe Democracy and Economic Recovery Act of 2001, following the switch from Willing Buyer, Willing Seller to Fast Track land reform.

Starting in the later part of the 18th century, there began a transition in parts of Great Britain's previously manual labour and draft-animal – based economy towards machine-based manufacturing.

In doing so it quickly began to open its borders to the trade of various other countries thus adding itself to a global trade economy.

By late 2005, the economy finally began what seems to be a sustained recovery.

At the 1993 Conservative Party Conference, Major began the " Back to Basics " campaign, which he intended to be about the economy, education, policing, and other such issues, but it was interpreted by many ( including Conservative cabinet ministers ) as an attempt to revert to the moral and family values that the Conservative Party were often associated with.

Together with the effects of European peace, the United States economy began to recover early in Madison's presidency.

In the early 19th century, the construction of Russian forts began to have a destructive effect on the Kazakh traditional economy by limiting the once-vast territory over which the nomadic tribes could drive their herds and flocks.

" The directive comported with the view of General Lucius D. Clay and the Joint Chief of Staff over growing communist influence in Germany, as well as of the failure of the rest of the European economy to recover without the German industrial base on which it previously had been dependent.

Just as the economy started to recover, Mongolia was hit by a Dzud over the winter period of 2009-2010, causing many livestock to perish and thus severely affecting cashmere production which accounts for a further 7 % of the country ’ s export revenues.

However when the economy starts to recover and the bottom of the market has passed ( sometimes identified on charts as a MACD ), growth stocks tend to recover faster.

He felt that the crisis was a temporary swing of the business cycle and that the economy would soon recover without government intervention.

* Russian financial crisis in the 1990s results in mass hyperinflation and prompts economic intervention from the International Monetary Fund and western countries to help Russia's economy recover.

Although many economists, such as George Akerlof, Paul Krugman, Robert Shiller, and Joseph Stiglitz, support Keynesian stimulus, over 300 economists signed a petition stating that they do not believe higher government spending will help the United States economy recover from the late-2000s recession.

Many of her experienced nobles were dead and the economy which had barely begun to recover from the earlier wars was once again in tatters.

Porto Bello's economy was severely damaged, and did not recover until the building of the Panama Canal nearly two centuries later.

Russia's economy sank into deep depression by the mid-1990s, was hit further by the financial crash of 1998, and then began to recover in 1999 – 2000.

Stock market returns are a leading indicator: the stock market usually begins to decline before the economy as a whole declines and usually begins to improve before the general economy begins to recover from a slump.

The textile industry suffered during the 1820s while adjusting to the Industrial Revolution and an import ban by the Russian Empire ; The city's economy began to recover after many clothiers immigrated to Congress Poland.

" The discovery of significant oil sites in Tabasco and Campeche helped the economy to recover and López Portillo promised to " administer the abundance ".

Says Eustis historian Louise Carter, " Even though the freeze brought the town's economy to a standstill, Mr. Clifford kept his lakefront general store open and extended credit until people could recover.

After the Union capture of New Orleans, this area remained under nominal Confederate control, and the cutoff of trade with New Orleans across " enemy lines " was devastating to the local economy, which did not recover for decades after the peace.

This failed, but generally the Danish economy was beginning to recover from the long period of wars.

In 2001, Pixar crews visited to research US 66 for the animated film Cars, at a time when the town economy was still attempting to recover from the 1999 tornado, and the Rock Café was undergoing historic restoration.

The economic devastation wrought by these attacks was so severe that Tanjore's economy did not recover until the start of the 19th century ; the era is referred to in local folklore as the Hyderakalam.

The economy began to recover in the early years of the 21st century, when Podgorica began to emerge as a modern, pro-western city.

By 1842, the American economy was able to rebound somewhat and overcome the five year depression, in part due to the Tariff of 1842, but according to most accounts, the economy did not recover until 1843.

In July 1947 with the advent of the initial planning for the Marshall Plan designed to help the now deteriorating European economy recover, the restrictions placed on annual German steel production were lessened.