The World Economy
Volume 1: A Millennial Perspective and Volume 2: Historical Statistics
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.
- Click to access:
-
Click to download PDF - 5.14MBPDF
Appendix B
World Population, GDP and GDP Per Capita Before 1820
OECD Development Centre
Maddison (1995a) contained a rough aggregate estimate of world population, GDP and per capita GDP back to 1500 to provide perspective for the detailed analysis of developments after 1820. The main purpose of the brief look backwards was to emphasise the dramatic acceleration of growth in the succeeding capitalist epoch. Maddison (1998a) provided a confrontation of Chinese and Western economic performance over a longer period of two millennia. This demonstrated important differences in the pace and pattern of change in major parts of the world economy, which have roots deep into the past...
- Click to access:
-
Click to download PDF - 691.36KBPDF