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The World Economy : A Millennial Perspective - Angus Maddison

Paperback Published: 1st May 2001
ISBN: 9789264186088
Number Of Pages: 383

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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, per capita GDP 13 fold and world GDP nearly 300 fold. The biggest gains occurred in the rich countries 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 20:1. In the year 1000, the rich countries of today 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 rich countries, and explore the obstacles which hindered advance in regions which lagged behind. The third is to scrutinise the interaction between the rich and the rest to assess the degree to which this relationship was exploitative. The World Economy: A Millennial Perspective is a "must" for all scholars of economics and economic history, while the casual reader will find much of fascinating interest. It is also a monumental work of reference. The book is a sequel to the author's Monitoring the World Economy: 1820 -1992, published by the OECD Development Centre in 1995, and his 1998 Chinese Economic Performance in the Long Run, also published by the OECD. "A tour de force. What a wonderful gift for the new century." Robert Mundell, Nobel Prize winner and Professor of Economics, Columbia University. "An essential reference for anyone interested in global development for many years to come." Paul Krugman, Professor of Economics, Princeton University. "Quite simply a dazzling essay." Nicholas Eberstadt, American Enterprise Institute. "Highly recommended ...refreshing and full of historical information. An important book." Kisanhani F. Emizet, Kanzas University, writing in International Politics. A Winner of the 2001 Awards for Notable Government Documents conferred by the American Library Association/Library Journal.

Forewordp. 3
Acknowledgementsp. 13
Prefacep. 15
Summary and Conclusionsp. 17
The Contours of World Developmentp. 27
The Impact of Western Development on the Rest of the World, 1000-1950p. 49
The World Economy in the Second Half of the Twentieth Centuryp. 125
World Population, GDP and GDP Per Capita, Benchmark Years, 1820-1998p. 169
World Population, GDP and GDP Per Capita Before 1820p. 229
Annual Estimates of Population, GDP and GDP Per Capita for 124 Countries, Seven Regions and the World 1950-98p. 267
Growth and Levels of Performance in 27 Formerly Communist Countries, 1990-98p. 335
Employment, Working Hours, and Labour Productivityp. 343
Value and Volume of Exports, 1870-1998p. 357
Bibliographyp. 365
Table of Contents provided by Syndetics. All Rights Reserved.

ISBN: 9789264186088
ISBN-10: 9264186085
Series: Development Centre Studies
Audience: General
Format: Paperback
Language: English
Number Of Pages: 383
Published: 1st May 2001
Publisher: Organization for Economic Co-operation and Development (OECD)
Country of Publication: FR
Dimensions (cm): 27.08 x 20.17  x 2.31
Weight (kg): 0.84