Other countries including Germany, some in central and eastern Europe, Greece, Japan, and Portugal were put in the same category, but the BIS said high property price gaps in the latter three countries doesn't necessarily indicate vulnerabilities because it is being driven by price growth returning to «normal» levels after long periods of decline. (business.financialpost.com)
After its destruction in WWII, Bawdwin was re-opened in 1951 and nationalised in 1963, beginning a long period of declining investment and production. (businessnews.com.au)