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Development Centre Studies
The World Economy
Volume 1: A Millennial Perspective and Volume 2: Historical Statistics
Angus Maddison. Published by : OECD Publishing , Publication date:  18 Sep 2006
Pages: 656 , Language: English
Version: E-book (PDF Format)
ISBN: 9789264022621 , OECD Code: 412006021E1
Price:   €27 | $37 | £24 | ¥3500 | MXN480
Availability: Available
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Other Versions:  Print - Paperback

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Imprint:  OECD Development Centre Electronic format: Acrobat PDF


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.

Table of contents:

Volume 1: A Millennial Perspective
-Preface by Jorge Braga de Macedo
-Introduction and Summary
-Chapter 1. The Contours of World Development
-Chapter 2. The Impact of Western Development on the Rest of the World, 1000-1950
-Chapter 3. the world Economy in the Second Half of the Twentieth Century
-Appendix 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, 1950-98
-Appendix D. Growth and Levels of Performance in 27 Former Communist Countries, 1990-1998
-Appendix E. Employment, Working Hours, and Labour Productivity
-Appendix F. Value and Volume of Exports, 1870-1998
Volume II. Historical Statistics
-Foreword by Louka T. Katseli
-Prologue: The Pioneers of Macromeasurement
HS-1: 29 West European Countries
HS-2. Western Offshoots (Australia, New Zealand, Canada, and the United States)
HS-3: 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
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