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The study provides a major reassessment of the scale and scope of China’s resurgence over the past half century, employing quantitative measurement techniques which are standard practice in OECD countries. It uses a comparative approach to explain why China’s role in the world economy has changed so dramatically in the last thousand years. It concludes that China is likely to resume its natural role as the world’s largest economy by the year 2015, thus regaining the position it had held until 1890. A dynamic link (StatLink) is provided for each table and graph, which directs the user to a web page where the corresponding data are available in Excel® format. Except for Appendix A, this edition has been revised and updated and Chapter 4 is completely new.
"..ambitious in scope and packed with facts. Highly recommended."
-Choice
"The book is a must for anyone who wants to understand the past and the future of the Chinese economy."
-Justin Yifu Lin, Founding Director, China Center for Economic Research,
Peking University.
"This second edition is a very impressive and important contribution to a subject that has deep significance for the world economy."
-Professor Lawrence Klein, Nobel Laureate.
"A welcome update to a dazzling essay."
-Nicholas Eberstadt, American Enterprise Institute.
"This review of a millenium of Chinese economic history and its implications for the future of China and the World is a remarkable achievement. A must read for anyone interested in China."
-Dwight H. Perkins, Harvard University.
"A great masterpiece in the field of economic history, the shoulders of a giant on which new generations of scholars from all over the world will stand. We Chinese scholars will benefit as greatly from this second edition as we have from the first."
-Li Bozhong, Professor of History, Tsinghua University, Beijing.
Angus Maddison is Emeritus Professor of Economic Growth and Development at the University of Groningen. He held a number of senior posts at OEEC and OECD between 1953 and 1978, and has been a policy advisor to governments in Brazil, Ghana, Greece, Mexico and Pakistan. He is the author of 20 books on the long run performance of nations, and their interactions within the world economy. He has built up an international network of scholars working in this field. He is a fellow of the British Academy, a member of the American Academy of Arts and Science, and an honorary fellow of Selwyn College, Cambridge.
This directory provides official information on the mandates, dates of creation and durations of current mandates, composition of member countries and observers, and chairmanship of the OECD Council and its related committees, sub-committees, working groups, expert groups, and ad hoc groups. It includes coverage of the International Energy Agency and the OECD Nuclear Energy Agency and is updated annually. It is, in effect, a guide to country participation in the many activities of the OECD for the year 2007.
Based on a broad set of indicators of structural policies and performance, Going for Growth 2007 takes stock of the recent progress made in implementing policy reforms and identifies, for each OECD country, five policy priorities to lift growth. It calls for reforms in areas such as product and labour market regulation, taxation, pension, income support, health and education to boost labour productivity and employment. In addition, this issue contains four analytical chapters covering the employment effects of policies and institutions, product market regulation and productivity convergence, policies to strengthen competition in product markets, and factors shaping the implementation of structural reform.
"A careful reading of this report would give an opportunistic reformer plenty of hints, tips and tricks. It offers a guide to the subtle art of making possible what is necessary."
-The Economist, Feb18th-23rd 2007,
The International Producer Price Index Manual (PPI Manual) published by the IMF in 2004, constituted a landmark for international standards on price measurement and contains detailed, comprehensive information for the compilation of producer price indices. This Methodological Guide for Developing Producer Price Indices for Services is a complement to the PPI Manual in two ways: it focuses on service-specific aspects in the PPI compilation by developing further the conceptual framework and it adds detailed descriptions of PPI measurement for a series of service industries. This Guide has been jointly produced by the OECD, Eurostat and the members of a Taskforce with delegates from 19 OECD/EU Member countries.
This manual explains the why, the how, and the when of the international price and volume comparisons of GDP organised by Eurostat and the OECD and it provides advice on the use and interpretation of PPP figures they publish.
This first book in the new OECD Insights Series examines the increasing economic and social importance of human capital - our education, skills, competencies, and knowledge. As economies in developed countries shift away from manufacturing, economic success for individuals and national economies is increasingly reliant on the quality of human capital. Raising human capital has emerged as a key policy priority, particularly for low-skilled individuals, who are at risk of being left even further behind.
Policy in this area is focusing on early childhood development, improving quality and choice in schooling, creating excellence in tertiary education, and widening access to adult learning. Drawing on the research and analysis of the OECD, this dynamic new book uses straightforward language to explain how countries across the OECD area are responding to the challenge of raising their levels of human capital. This book includes Statlinks, URLs linking statistical tables and graphs in the text of the book to Excel spreadsheets showing the underlying data.
National Accounts of OECD Countries: General Government Accounts is an annual publication, dedicated to government finance which is based on the System of National Accounts 1993 (SNA 1993). It includes tables showing government aggregates and balances for the production, income and financial accounts as well as detailed tax and social contribution receipts and a breakdown of expenditure of general government by function, according to the harmonized international classification, COFOG. These detailed accounts are available for the general government sector. Data also cover the following sub-sectors, according to availability: central government, state government, local government and social security funds. The publication covers 29 of the 30 OECD countries. Data are expressed in national currencies and cover the period from 1994 to 2005.
The 2006 edition of the National Accounts of OECD Countries: Main Aggregates, Volume I covers expenditure based GDP, output based GDP, income based GDP, disposable income, saving and net lending, population and employment. It includes also comparative tables based on exchange rates and comparative tables based on purchasing power parities. Data are shown for 30 OECD countries and the euro area back to 1993 in most cases, expressed in national currency (in euros for euro area countries), but also in US dollars for gross domestic product and actual individual consumption expenditure back to 1982. These data are based on the System of National Accounts 1993 (1993 SNA) for all countries, except Turkey still presented on the basis of the 1968 SNA.
The 2006 edition of the National Accounts of OECD Countries, Volume II: Detailed Tables, covers, in addition to main aggregates, detailed national accounts data for most OECD countries for the period 1993 to 2004, with provisional data for 2005 when available. It includes detailed breakdowns by kind of activity for gross value added (current and constant prices, 2000 reference year), components of value added, gross fixed capital formation and employment. It also includes final consumption expenditure of households by purpose and simplified accounts for three main sectors (general government, corporations and households). Detailed accounts by institutional sectors (non-financial corporations, financial corporations, general government and its sub-sectors, households and non-profit institutions serving households) are only available on CD-ROM. Data are shown for 30 OECD countries and the euro area back to 1993 in most cases, expressed in national currency (in euros for euro area countries). These data are based on the System of National Accounts 1993 (1993 SNA) for all countries, except Turkey still presented on the basis of the 1968 SNA.
Twice a year, the OECD Economic Outlook analyses the major trends and examines the economic policies required to foster high and sustainable growth in member countries. Developments in major non-OECD economies are also evaluated. The present issue covers the outlook to end-2008. Together with a wide range of cross-country statistics, the Outlook provides a unique tool to keep abreast of world economic developments.
In addition to the themes featured regularly, this issue contains a special chapter entitled Has the rise in debt made households more vulnerable?, which addresses the following questions:
- What factors explain the observed rise in household debt in many OECD countries?
- Have asset price movements offset the impact on households’ financial positions?
- Are some sectors or groups particularly vulnerable to adverse asset market or income developments?
This 2007 edition of OECD's periodic survey of Austria reviews recent developments in its economy and examines current challenges including Austria's deepening economic integration with Central and Eastern Europe, overcoming labour market segmentation, improving innovation, and rationalising fiscal policy and strengthening public expenditure management.
This 2007 edition of OECD's periodic survey of the Belgium economy examines challenges Belgium faces over the medium term including fiscal sustainability, boosting employment, and improving incentives in tertiary education. This edition's special feature examines how to enhance the benefits of financial liberalisation.
This 2007 edition of OECD's periodic survey of Chile's economy focuses on key challenges being faced including managing the economy after the copper price boom; efficiency in health care, education and housing services; informality; and raising labour force participation of women and youth.