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This web site aims at presenting various publications from the OECD which have an exceptionnally large scope and a special audience in the academic world, and can be considered as text books.
Initially created for the publication of our bestseller The World Economy: a millenial perspective, it also presents its sequel The World Economy: historical statistics and also Understanding Economic Growth, a wide-ranging publication which aims to explain economic growth for a better Understanding of the world economy.
Due to the success of the first two 'World Economy' publications, the two titles will soon be available in one single volume as The World Economy Compendium.About 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 millenial 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. The World Economy is a “must” for scholars and students of economics and economic history as well as for statisticians, while the casual reader will find much of fascinating interest.
On The World Economy: a millenial perspective:
"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.
About Understanding Economic Growth
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This book is a unique tool providing facts, figures and analysis of economic growth in OECD countries. The analysis focuses on the growth patterns of OECD countries during the last decade and identifies the fundamental drivers of growth. It also looks at how and why countries react differently to these drivers. It examines growth at the macro-economic level, industry level and firm level and also analyses the contribution of information technology (IT) at each of these levels.
Packed with over 50 tables and figures, the book provides unique data to better understand the reality of economic growth. In 2000, at the height of the new economy, IT was hailed as a technology that would radically transform OECD economies and bring large economic benefits. But the recent economic slowdown has laid to rest several of the myths surrounding IT. What is the real contribution of IT to economic growth? Understanding Economic Growth provides a comprehensive overview of these issues and new insights into economic growth.
This publication is a product of the extensive OECD Growth Project. It was edited by Michael Sykes of M J Economics, previously Director of Consensus Economics and Senior Economist at the Economist Intelligence Unit.
Table of Contents
Overview
Macro-level analysis
Industry-level analysis
Firm-level analysisChapter 1 - Growth performances in OECD countries
Measuring growth: analytical framework
The contribution of IT to growthChapter 2 - Macro-level analysis: The role of economic policy and other structural factors
Basic determinants of growth
Policy and institutional determinants of growth
The contribution of IT at the macro levelChapter 3 - Industry-level analysis: Market dynamics and productivity
Industry growth
Empirical analysis
Policies, institutions and productivity
The contribution of IT at the industry levelChapter 4 - Firm-level analysis: Dynamics, productivity and policy settings
Firm growth
Entry and exit of firms
Firm survival
Regulations, institutions and firm entry
The contribution of IT at the firm levelAnnex 1 - Macroeconomic Indicators of Economic Growth
Annex 2 - The Policy-and-Institutions Augmented Growth Model
Annex 3 - Methodological details on the Empirical Analysis of Industry Multi-factor Productivity
Annex 4 - Details on Firm-level Data
Bibliography
List of Definitions
List of Tables
List of Figures
About The World Economy: Historical Statistics
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Out of print
Written by the distinguished economic historian, Angus Maddison, the book offers a rare insight into the history and political influence of national accounts and national accounting.
Packed with over 150 tables, boxes and figures, this book pulls together an incredible array of hard-to-find facts both large and small. These are just a random sample:
- Annual Change of World GDP, IMF and Maddison Measures, 1970-2001
- World Gold Output by Major Region, 1493-1925
- Slave Exports from Black Africa, 650-1900, by Destination
- Population of 12 West European Countries, 1500-2003
- Per Capita GDP in Western Offshoots (Australia, Canada, New Zealand and the United States), 1500-2001
The World Economy: Historical Statistics is a "must" for all scholars and students of economics and economic history, while the casual reader will find much of fascinating interest. It is also a monumental work of reference. It is the sequel to the author's best-selling The World Economy: a Millennial Perspective, published by the OECD Development Centre in 2001.
Download the tables in Excel format
This file is only accessible by people who have purchased the book.
Table of Contents
Foreword
Acknowledgements
Preface
Introduction
Prologue: The Pioneers of MacromeasurementHS-1: 29 West European Countries
HS-2: Western Offshoots (Australia, New Zealand, Canada and the United States)
HS-3: A. East Europe and the Former USSR
HS-4: Latin America
HS-5: Asia
HS-6: Africa
HS-7: The World Economy, 1950-2001
HS-8: The World Economy, 1-2001 AD
Select Bibliography
About The World Economy: A Millennial Perspective
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Out of print
The World Economy: a Millennial Perspective, Angus Maddison's bestseller published in 2001, covers the development of the entire world economy over the last 2000 years.
The OECD's Secretary General, Donald Johnston, remarks in his Foreword, "I predict it will find its place in homes, offices and libraries in every corner of the world, and for many years to come...".
In this book you will learn about:
- Level of growth and GDP per capita since the year 0
- World population growth since the year 0
- Why today's rich countries leapfrogged Asia and Africa, yesterday's rich countries.
- The impact of Western development on the rest of the world
- Significant migrations of population from 1500 onward
The World Economy: a Millennial Perspective is the best-selling sequel to the author's Monitoring the World Economy: 1820 - 1992, published by the OECD Development Centre in 1995, and his 1998 Chinese Economic Performance in the Long Run, also published by the OECD.
Table of Contents
Foreword
Acknowledgements
PrefaceChapter 1 - The Contours of World Development
I The Nature and Welfare Implications of Population Change
II GDP per CapitaChapter 2 - The Impact of Western Development on the Rest of the World, 1000-1950
I Europes Decline from the First to Tenth Centuries II Western Europe Recovers and Forges Ahead, 1000-1500
III The Venetian Republic
IV Portugal
V The Trading World of the Indian Ocean
VI The Trading World of China, Japan and the Philippines
VII The Portuguese in Brazil
VIII The Netherlands
IX Britain
X The Impact of British Expansion in the Americas, Africa and AsiaChapter 3 - The World Economy in the Second Half of the Twentieth Century
I Advanced Capitalist Countries II Resurgent Asia
III Problem Economies of East Asia
IV West Asia
V Latin America
VI The Transition Process in the Former USSR and Eastern Europe
VII AfricaAppendix A World Population, GDP and GDP Per Capita, Benchmark Years, 1820–1998
Appendix B World Population, GDP and GDP Per Capita Before 1820
Appendix C Annual Estimates of Population, GDP and GDP Per Capita for 124 Countries, Seven Regions, and the World 1950-1998
Appendix D Measuring Growth and Levels of Performance in 27 Formerly Communist Countries, 1990-1998
Appendix E Employment, Working Hours, and Labour Productivity
Appendix F Volume and Value of Exports, 1820-1998
Bibliography: 18 pages of references
Angus Maddison
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Born in 1926 in Newcastle-on-Tyne, England, Angus Maddison is Emeritus Professor at the University of Groningen in the Netherlands and Honorary Fellow of Selwyn College, Cambridge. He was educated at Cambridge, McGill, and Johns Hopkins universities, before teaching at the University of St Andrews in Scotland. His professional relationship with the OECD began even before the Organisation's birth. He was Head of the OEEC Economics Division from 1953 to 1962 when the organisation became the OECD. From 1963 to 1966, he was a Fellow of the newly created OECD DevelopmentCentre. He left the Organisation in order to undertake research for the Twentieth Century Fund and Harvard University's Development Advisory Service but, by 1971, Professor Maddison was back at the OECD as Head of the Central Analysis Division, a post he retained for seven years.
Angus Maddison has been an advisor to the governments of Brazil, Ghana, Greece and Pakistan and has travelled widely in developing countries as part of his research interests. His major research interest today is the assessment of the forces affecting the economic growth performance of nations, with particular emphasis on quantitative analysis in historical and comparative perspectives.
Professor Maddison is the author or co-author of 25 books and a great many articles in academic and financial journals.
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