The world economy : a millennial perspective / by Angus Maddison.

Format:

Book

Government document

Author/Creator:

Maddison, Angus.

Contributor:

Maddison, Angus.

Organisation for Economic Co-operation and Development. Development Centre

Series:

Development Centre studies

Language:

English

Subjects (All):

Economic history.

International economic relations--History.

International economic relations.

History.

Population--History.

Population.

Income distribution--History.

Income distribution.

Economic development--History.

Economic development.

Population--Statistics.

Gross domestic product--Statistics.

Gross domestic product.

Genre:

Statistics.

Physical Description:

383 pages : illustrations ; 27 cm.

Place of Publication:

Paris, France : Development Centre of the Organisation for Economic Co-operation and Development, [2001]

Summary:

Angus Maddison provides a comprehensive view of the growth and levels of world population since the year 1000. In this period, world population rose 22-fold, while per capita gross domestic product increased 13-fold and world GDP nearly 300-fold. The biggest gains occurred in the wealthy regions of today (Western Europe, North America, Australasia and Japan). The gap between the world leader, the United States and the poorest region, Africa, is now 20 to 1. In the year 1000, today's wealthiest countries were poorer than Asia and Africa. The book has several objectives. The first is a pioneering effort to quantify the economic performance of nations over the very long term. The second is to identify the forces which explain the success of the wealthy countries and explore the obstacles, which hindered advance in regions which lagged behind. The third is to scrutinize the interaction between the rich and the rest to assess the degree to which this relationship was exploitative. This monumental reference is a "must" for scholars of economics and economic history, and casual readers will also find much of interest. The book is a sequel to the author's Monitoring the World Economy: 1820 -1992 (OECD,1995), and his 1998 Chinese Economic Performance in the Long Run (OECD, 1998).

Contents:

Chapter 1 The Contours of World Development 27

Chapter 2 The Impact of Western Development on the Rest of the World, 1000-1950 49

Chapter 3 The World Economy in the Second Half of the Twentieth Century 125

Appendix A World Population, GDP and GDP Per Capita, Benchmark Years, 1820-1998 169

Appendix B World Population, GDP and GDP Per Capita Before 1820 229

Appendix C Annual Estimates of Population, GDP and GDP Per Capita for 124 Countries, Seven Regions and the World 1950-98 267

Appendix D Growth and Levels of Performance in 27 Formerly Communist Countries, 1990-98 335

Appendix E Employment, Working Hours, and Labour Productivity 343

Appendix F Value and Volume of Exports, 1870-1998 357.

Notes:

"[This] book is a sequel to the author's 1995 Monitoring the world economy, 1820-1992, and his 1998 Chinese economic performance in the long run"--P. [4] of cover.

Includes bibliographical references (pages 365-383).

Related Work:

Maddison, Angus. Monitoring the world economy, 1820-1992.

Maddison, Angus. Chinese economic performance in the long run.

ISBN:

9264186085

OCLC:

46958727