The World Economy: A Millennial Perspective (Development Centre Studies) - Softcover

Maddison, Angus; Organization For Economic Co-operation And Development; Organization For Economic Cooperation And Development

Softcover

ISBN 10: 9264186085 ISBN 13: 9789264186088

Publisher: Organization for Economic Co-operation and Development (OECD), 2001

Synopsis

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.

About this title

Synopsis

This is a view of the growth of world population since 1000. Its objectives are: to quantify the economic performance of nations; identify forces that explain the success or obstacles of countries; and to assess the degree to which the relationship between the rich and poor is exploitative.

About the Author

Angus Maddison is emeritus professor at the University of Groningen in the Netherlands and honorary fellow of Selwyn College, Cambridge University.

Edition details

• Publisher: Organization for Economic Co-operation and Development (OECD)
• Publication date: 2001
• Language: English
• ISBN 10: 9264186085
• ISBN 13: 9789264186088
• Binding: Paperback
• Number of pages: 388