The World Economy
By:Angus Maddison
Published on 2006-01-01 by OECD Publishing
The world economy brings together two separate reference works by Angus Maddison. In the millennial perspective, 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. This part of 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. In historical statistics, Angus Maddison looks into the history and political influence of national accounts and national accounting. He demonstrates that such statistical data can enlighten the contemporary and later observer in the analysis of economic phenomena such as growth, market formation and income distribution. This approach is particularly interesting for developing countries which often lack the expertise or data to produce good national accounts and are thus deprived of a vital policy-making tool. For OECD countries, it is a reminder that policies need to be grounded in the reality of verifiable economic data if they are to succeed.
This Book was ranked at 17 by Google Books for keyword the world economy.
Book ID of The World Economy's Books is 3NKSC0cgNroC, Book which was written byAngus Maddisonhave ETAG "rIEwuaCySLk"
Book which was published by OECD Publishing since 2006-01-01 have ISBNs, ISBN 13 Code is 9789264022614 and ISBN 10 Code is 9264022619
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Book which have "653 Pages" is Printed at BOOK under CategoryBusiness and Economics
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