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The World Economy

Volume 1: A Millennial Perspective and Volume 2: Historical Statistics

image of The World Economy

The World Economy brings together two reference works by Angus Maddison: The World Economy: A Millennial Perspective, first published in 2001 and The World Economy: Historical Statistics, published in 2003. This new edition contains Statlinks, a service providing access to the underlying data in Excel® format.  These two volumes bring together estimates of world GDP for the past 2000 years and provide a unique perspective on the rise and fall of economies historically.

"One controversial clash of theories fueled by Maddison's data concerns the relative status of (growth in) the West versus the rest. The figures (in this book) are enriching economists' understanding of what make economies grow, and may even make it possible to reject some of the most prominent historical explanations." Diane Coyle, author of The Soulful Science, former economics editor of The Independent newspaper.

 

"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.

English

Latin America

OECD Development Centre

At the end of the fifteenth century, at the time of Spanish conquest, the Americas were thinly settled. The population was a third of that in Western Europe and the land area eleven times as large. The technological level was greatly inferior. There were no wheeled vehicles or draught animals, no metal tools, weapons or ploughs. There were no cattle, sheep, pigs or hens. The most densely populated areas (Mexico and Peru) had significant urban centres and a sophisticated vegetarian agriculture. Elsewhere, most of the inhabitants were hunter–gatherers...

English

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