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This monograph explores the causes of the West's economic growth over the last 2,000 years and contrasts it with the economic history of the rest of the world.
The World Economy brings together two reference works by Angus Maddison: The World Economy: A Millennial Perspective (2001) and The World Economy: Historical Statistics (2003). This new edition contains Statlinks, so that readers can access the underlying data in Excel format.
This publication 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 perspective on the rise and fall of economies historically.--Publisher description.
This book traces the roots of global financial integration in the first “modern” era of globalisation from 1880 to 1913 and can serve as a valuable tool to current-day policy dilemmas by using historical data to see which policies in the past led to enhanced international financing for development.
'Not only is this excellent collection of papers a fitting tribute to Angus Maddison, it is also a great resource for thinking about future patterns of global economic growth - both in the BRICS and the OECD - based on key insights from historical experience.' - Nicholas Crafts, University of Warwick, UK
A landmark comparative history of Europe and China that examines why the Industrial Revolution emerged in the West The Great Divergence sheds light on one of the great questions of history: Why did sustained industrial growth begin in Northwest Europe? Historian Kenneth Pomeranz shows that as recently as 1750, life expectancy, consumption, and product and factor markets were comparable in Europe and East Asia. Moreover, key regions in China and Japan were no worse off ecologically than those in Western Europe, with each region facing corresponding shortages of land-intensive products. Pomeranz’s comparative lens reveals the two critical factors resulting in Europe's nineteenth-century divergence—the fortunate location of coal and access to trade with the New World. As East Asia’s economy stagnated, Europe narrowly escaped the same fate largely due to favorable resource stocks from underground and overseas. This Princeton Classics edition includes a preface from the author and makes a powerful historical work available to new readers.
How was life in 1820 and how has it improved since then? What are the long-term trends in global well-being? Trends in real GDP per capita may not fully reflect changes in other dimensions of well-being, such as life expectancy, educational attainment, personal security, and gender inequality. The product of collaboration between the OECD, the OECD Development Centre, and the CLIOINFRA project, this report represents the work of a group of economic historians to systematically chart long-term changes in the dimensions of global wellbeing and inequality, making use of the best sources and expertise currently available and the most recent research carried out within the discipline. The historical evidence reviewed in the report is organized on ten different dimensions of well-being that mirror those used by the OECD in its report, How's Life? (www.oecd.org/howslife): per capita GDP, real wages, educational attainment, life expectancy, height, personal security, political institutions, environmental quality, income inequality, and gender inequality
For many, Thomas Carlyle's put-down of economics as "the dismal science" rings true--especially in the aftermath of the crash of 2008. But Diane Coyle argues that economics today is more soulful than dismal, a more practical and human science than ever before. The Soulful Science describes the remarkable creative renaissance in economics, how economic thinking is being applied to the paradoxes of everyday life. This revised edition incorporates the latest developments in the field, including the rise of behavioral finance, the failure of carbon trading, and the growing trend of government bailouts. She also discusses such major debates as the relationship between economic statistics and presidential elections, the boundary between private choice and public action, and who is to blame for today's banking crisis.
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, but which have not hitherto been available for China.
Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail [email protected].