Description
Book 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, 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).
Details
Discover the fascinating journey of the world economy with "The World Economy: A Millennial Perspective" by Angus Maddison. This groundbreaking book provides a comprehensive view of the growth and levels of world population since the year 1000. Dive into a quantitative analysis of nations' economic performance over the long term, uncovering the forces that led to the success of wealthy countries while exploring the obstacles faced by regions that lagged behind.
Uncover the staggering statistics that reveal a 22-fold increase in world population, a 13-fold increase in per capita gross domestic product, and a nearly 300-fold increase in world GDP. Witness how today's wealthiest regions, including Western Europe, North America, Australasia, and Japan, made the biggest gains. It's no surprise that the gap between the world leader, the United States, and the poorest region, Africa, is now a staggering 20 to 1.
For scholars of economics and economic history, "The World Economy: A Millennial Perspective" is an invaluable resource that offers unique insights into the global economic landscape. But it doesn't stop there - casual readers will also be captivated by the wealth of information and compelling narratives that bring history to life. If you're curious about the world's economic evolution, this book is a must-have addition to your collection.
Take a step back in time and gain a deeper understanding of the economic forces that have shaped our world. Explore "The World Economy: A Millennial Perspective" today and join the ranks of those who are eager to unravel the mysteries of our collective past. Get your copy now!
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