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The article discusses some of the economic developments in the U.S. Within the last two decades the South has undergone an amazing industrial development. The diversification of its industries has proceeded swiftly and has been followed by an increase in general prosperity. Southern Progressive reformer Edgar Gardner Murphy finds the industrial rise of the South is bringing gain as well as loss, is doing much to free the South from its isolation. In the comprehensive review of the financial situation from a dozen great money markets of the world, the dominant idea appeared to be that trade activity had reached such a pitch that neither capital nor transportation could keep pace with it.

Ten years after the collapse of the old German Empire German industry gives every sign of growing strength. It is still far from normal, it is still in a transition stage, in which a large part of the effort has to be directed toward repairing the ravages of the war and post-war days. But since 1924, these efforts have been successful. In 1927, for instance, Germany produced an average of 15.59 million tons of coal per month, as compared with 13.34 in 1913 in the same territory, or 17.46 in the full territory of the old empire. Since 1924 German industry has again had the sense of solid ground underfoot, just as the political state has shown itself stronger and healthier in the same period, and it has been fighting its way up the mountain. But behind this five-year period of growth lies the first post-war period, the years 1919-1923 with their burden of grim misery, when the new German state seemed to be doomed.

Discusses various political and economic issues related to Greece. Economic implications of terrorism on Greece; Effects of massive industrialization on the country; Relations of Greece with other countries.

The article focuses on the economic development of China. China is beckoning a new generation. Old notions has been under scrutiny, new ideas are being put into practice, fresh concepts of social relationships are being tried, radical changes taking place in education, factory management, in the relations between town and country-all adding up to a totally new quality of life for the Chinese, who less than twenty-five years ago had been living in degradation and squalor-impoverished, illiterate, ridden with superstition and torn by warlordism and civil strife.

The specific character of the anti-poverty measures now under public discussion in the U.S. can best be understood as the extension of responses associated with the scientific, commercial, industrial and nationalist revolutions of recent centuries in Western Europe. The reduction of the percentage of the population that lives in poverty has been made possible by the economic growth that has accompanied extension of the market. The great conversion to a free contract, open market system was the dominant factor in a centuries-long war on poverty. Despite the progress, however, large numbers of families in the United States are still living in what is considered to be abject poverty for this society. It is the goal of the attack on poverty to eradicate the causes of such poverty and eventually eliminate it completely.

The article focuses on various socio-political issues. A report on the postal investigation is one of the most sordid revelations ever made in a public document. The report revealed that the trusted employees were busy filching from the Treasury everything on which they could lay their fingers, clown to a cent and a sixth on each money-order book. Aerial navigation is no nearer attainment in Wall Street than in the Bois de Boulogne. Recent industrial developments in the U.S. are bringing into contempt the most ambitious and far-reaching of the country's latter-day economic doctrines, that of the integration of industry.

This article focuses on economic development of Southern States of the U.S. Atlanta, which makes everything from mechanical pencils to giant bombers, is beginning to look like New York. The steel city of Birmingham, center of the South's heavy industry, is going after new and diversified industry with civic gusto. Since World War II, billions have been invested in new industrial plants, putting two million Southerners to work. Research is new stuff in the South, but it is paying quick dividends. If technology has come late, it is working overtime.

The article discusses about the economic insecurity in Japan. In Japan the world crisis found an economy in which things were far from serene. A population which has doubled in a little more than sixty years and which grows at present by 900,000 persons a year, settled in a small, rocky land. Since 1868, Japan has tried industrialization. Whether an adverse trade balance is the inevitable result of Japan's poverty in industrial raw materials, or whether it is simply a phase in her young development, is a point on which neither Japanese nor Western economists have been able to agree.

At the turn of the year, after a January-to-December stay in the Soviet Union, the author permits himself a look backward to recapitulate and forward to anticipate. Fortunately, decisions adopted in Moscow, Russia, late in November and in December make it possible to speak of future policy with some degree of certainty. Nineteen thirty was a year of Socialist offensive. Nineteen thirty-one will be a year of retrenchment of shortening the line, and of less buoyant progress. Construction efforts will be concentrated on a limited number of giant industrial plants and on fewer small factories. The pace of heavy industrialization will be slackened and more attention will be paid to the immediate needs of the population.

The ten years since Soviet Union's October revolution have witnessed an enormous change in woman's status. The great French idealist, Charles Fourrier, declared that one could judge the degree of civilization of a country by the social and political position of its women. In Czarist days she had no civil or political life. In present-day Soviet Union she is ahead of her fellows in Europe or, indeed, anywhere in the world. The development of large-scale industry in Soviet Union had its start before 1870, and from the beginning women took part side by side with men in the economic life of the country.