Historical statistics a combined edition of both volumes is to be published on december 2007. The definition of the developing world is exactly the same throughout the paper. Estimates are shown for the years 1, 1500, 1700, and annually from 1820 onwards when available. Historical statistics is a landmark book by angus maddison. 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. Angus maddison 6 december 1926 24 april 2010 was a world leading british economist specialising in quantitative macro economic history, including the measurement and analysis of economic growth and development. A millennial perspective which covers the development of the world economy over the last 2000 years. Monitoring the world economy, 1995, the world economy. Read development centre studies the world economy historical statistics online, read in.
Download development centre studies the world economy historical statistics ebook free in pdf and epub format. Search for library items search for lists search for contacts search for a library. Between 1820 and 1950, per capita income fell from 90 per cent to 20 per cent of the world average due mainly to civil wars and the intrusions of foreign colonialists. It offers historical statistics of the last two thousand years and is to be read together with the world economy. Reliable information about the coronavirus covid19 is available from the world health organization current situation, international travel. Measuring and interpreting world economic performance 1500. Contours of the world economy 12030 ad by maddison, angus. In stark contrast to the convergence of wealth predicted by modernization theory, the relatively stable bimodal coreperiphery structure predicted by dependency theory, and the relatively stable trimodal coresemiperipheryperiphery structure, this article finds that the. Our knowledge of chinas longterm economic development is based in large part on the work of the author of this book, angus maddison. Cameron, rondo, a concise economic history of the world. Maddison, angus growth and interaction in the world economy. Economic historians have since the rise of new economic history worked on a grand project to reconstruct the longterm evolution of the various parts of the world economy in the past millennium. Angus maddison has been an active member of the international association for research in income.
Measuring and interpreting world economic performance. Essays on macro economic history 1 angus maddison by vittorio valli, university of turin. Growth and interaction in the world economy the roots of modernity angus maddison the aei press publisher for the american enterprise institute washington, d. Angus maddison provides a comprehensive view of the growth and lev. Available in print paperback and electronic format pdf 384 pages, oecd, paris 2001. Development centre studies the world economy a millennial. For more information about the author and his books on world economy please see. Combining both the close quantitative analysis for which professor maddison is famous with a more qualitative approach that takes into account the complexity of the forces at work, this book provides students and all interested readers with a totally. In this period, world population rose 22 fold, per capita gdp fold and world gdp nearly 300 fold. The world economy website helps the public learn about the world s economy. A millennial perspective by angus maddison 2018 english pdf. In the original work by maddison 1995, 2001, 2003, such data was compiled. Simon kuznets in the 1950s and 1960s building on work by, amongst others.
My growth estimate shows chinese per capita income increasing 12. Chinas growth and integration into the world economy prospects and challenges edited by eswar prasad with contributions from steven barnett,nicolas blancher,ray brooks,annalisa fedelino, tarhan feyziog. The chart above shows how much more trade we have today relative to a century ago. He demonstrates that such statistical data can enlighten the analysis of economic phenomena such as growth, market formation, and income. Shortly after my arrival at the oecd in 1996, i came upon the study by angus maddison monitoring the world economy 18201992. Provides a world view of economic growth since classical antiquity to modern day and beyond. Pdf angus maddisons contribution to the analysis of longrun developments in. A millennial perspective, first published in 2001, and the world economy. However, for the same period, the european and japanese share in world gdp increased. Following angus maddison s footsteps i n 2001, the oecd development centre released angus maddison s book, the world economy a millennial perspective, which was soon to become a classic in economic history for statisticians, economists and historians. Maddison s on world economy is different, it is truly global. This new edition contains statlinks, so that readers can access the underlying data in excel format. Finally, we merge the maddisonhyde data, covering the decades 18202000, with the g. Essays on macroeconomic history, angus maddison find, read and cite all the.
Angus maddison was one of the first scholars to compare income and. In this period, world population rose 22fold, per capita gdp fold and world gdp nearly 300fold. In a series of remarkable studies over the years, mr. Angus maddison provides a comprehensive view of the growth and levels of world population since the year. Shares of the rich and the rest in the world economy. It is a fascinating and stimulating work providing a complete coverage of the world economy during the period in question. Contours of the world economy 12030 ad paperback angus. In contours of the world economy 12030, maddison 2007 provided comprehensive forecasts for the global economy, based on the gearykharis purchasing power parities. Over the last couple of centuries the world economy has experienced sustained positive economic growth, so looking at changes in trade relative to gdp offers another interesting perspective. Feinstein, 1998, is the first rigorous and comprehensive measurement of real earnings of manual. A millennial perspective 2001 and the world economy. Income divergence between nations, 18202030 by angus maddison summary. This book seeks to identify the forces which explain how and why some parts of the world have grown rich and others have lagged behind.
Part 2 covers the development of macroeconomic tools of analysis. How the integration of national economies into a global system of trade and investment provides opportunities for mutual gains and conflicts over the distribution of the gains. Historical statistics gdp growth before 1820 western europe. The capitalist worldeconomy in the longue duree sociology.
The world economy, 12001 ad tables hs8 show levels of population, gdp and per capita gdp in 20 countries, 7 regions and the world for eight benchmark years in the past two millennia. Maddison s world economy data is augmented with excel macros to enable easy charting, computing growth rates, and country comparisons. 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. A millennial perspective development centre studies by angus maddison pdf, epub ebook d0wnl0ad. Organisation for economic cooperation and development. Per capita gdp growth rates prior to 1820 in maddison 2001 are unchanged. Essays in macro economic history by angus maddison. Historical statistics a tale of four economies to gain a greater understanding of the concepts involved, click on unique colors under the color heading on the right hand side of the chart to better differentiate between the four states or regions.
Jan 11, 2018 maddison historical statistics the maddison project has been initiated in march 2010 by a group of close colleagues of angus maddison, with the aim to support an effective way of cooperation between scholars to continue maddison s work on measuring economic performance for different regions, time periods and subtopics. This monumental reference work offers a comprehensive view of the long term. Maddison historical statistics historical development. A millennial perspective, 2001, and the world economy. This article examines the global distribution of wealth within the capitalist worldeconomy over the longue duree. The world economy grew very much faster from 1950 to 1973 than it had ever done before. World per capita gdp rose nearly 3 per cent a year a rate which implies a doubling every 25 years. Maddisons numbers have found wide currency with economists analyzing longrun growth. By merging the time series for economic growth with the crosscountry estimates of gdp levels now. As a result, it shows a growth in world gdp averaging 3. Monitoring the world economy, 18201992 microform, 1995. He was emeritus professor at the faculty of economics at the university of. Published in 2004 by the oecd development centre, it studies the growth of populations and economies across the centuries. Angus maddison has labored fifty years to provide ever more comprehensive and distant estimates of economic growth.
There are detailed source notes by country in three earlier oecd publications by maddison. Click download or read online button to get development centre studies the world economy a millennial perspective book now. If we merge the world bank level estimate for 2005 with my growth estimate, one gets the following. Per capita gdp growth rates prior to 1820 in maddison 2001 are unchanged for germany, greece, the netherlands, portugal, spain, sweden and small territories, but levels for 15001700 for these countries are affected by the amendments for 1820.
Contours of the world economy 12030 ad essays in macroeconomic history angus maddison. A millennial perspective, first published in 2001 and the world. A millennial perspective, published in 2001 and the world economy. This work provides an analysis of these phenomena on a worldwide basis for the period since 1820. There is, however, a problem at the core of this book, and indeed at the core at the whole maddison project of the last ten years. In the last decade there has been a revival of interest in economic growth, catch up, convergence and divergence. Maddison s estimates on population and output indicate that. Numerous and frequentlyupdated resource results are available from this search. Our research yields three main findings that bear on current policy. There are also 5 analytical tables showing rates of growth and shares of world population and gdp. Pdf angus maddisons mission to understand the world and its.
Even the most speculative estimates have been employed in highprofile publications, as is discussed below. He demonstrates that such statistical data can shed light on the analysis of economic phenomena such as growth, market formation and income distribution. In this period, world population rose 22fold, while per capita gross domestic product increased fold and world gdp. Aimed at teachers, researchers and students of economics and economic history. Trade, war and the world economy in the second millenium princeton, 2009. This publication brings together two reference works by angus maddison. This new edition contains statlinks, a service providing access to the underlying data online in excel format. But what about trade relative to total economic output. Encompassing 2000 years of history, part 1 begins with the roman empire and explores the key factors that have influenced economic development in africa, asia, the americas and europe. Google scholar records over 12,000 references to his works. Maddisons estimates on population and output indicate that between. Angus had a very long association with the organisation for economic. Oclcs webjunction has pulled together information and resources to assist library staff as they consider how to handle coronavirus. Available formats pdf please select a format to send.
My focus will be on my home countrychina is obviously the biggest story out of asia in terms of economic growth in recent decades, and the. This paper analyses the forces determining per capita income levels of nations over the past millennium and the prospects to 2030. From paleolitic times to the present oxford, oup, 1997. Contours of the world economy 12030 ad angus maddison. Part 3 looks to the future and considers what the shape of the world economy might be in 2030. Chinas growth and integration into the world economy.
His main contributions to our knowledge of world economic changes, briefly surveyed in this. These two volumes bring together estimates of world gdp for the past 2000 years and. Jan 01, 2001 angus maddison provides a comprehensive view of the growth and levels of world population since the year. According to angus maddison, the last millennium turned out well economically. In this period, world population rose 22fold, while per capita gross domestic product increased fold and world gdp nearly 300fold. It provides the most comprehensive database available for comparative, quantitative analysis of the economic performance of nations. The first volume provides a comprehensive view of the growth and levels of world population since the year, when rich countries of today were poorer than asia and africa. Angus maddison 6 december 1926 24 april 2010 was a noted british economist specialising in quantitative macro economic history, including the measurement and analysis of economic growth and development. Whether economic integration supports poverty reduction and how it can do so more effectivelythese are the key questions that we ask. Coverage of the maddison gdp sample of regional and world gdp. Sep 20, 2007 part 3 looks to the future and considers what the shape of the world economy might be in 2030. In the discussion on the world economy s evolution since. Combining both the close quantitative analysis with a more qualitative approach that takes into account the complexity of the forces at work, contours of the world economy provides students with a totally fascinating overview of world economic history. The maddison project, also known as the maddison historical statistics project, is a project to collate historical economic statistics, such as gdp, gdp per capita, and labor productivity.
The institute of world economy is one of the oldest departments at the corvinus university of budapest, founded in 1948. Discover facts from maddison s book via an interactive map and samples from. The world economy brings together two reference works by angus maddison. Contours of the world economy is a magisterial summary of this life project, and. A millennial perspective development centre studies book online at best prices in india on. A millennial perspective development centre studies by angus maddison the world economy. Maddison and other authors, population stagnated and gdp. World gdp, 20 countries and regional totals, 01998 a. The maddison project, initiated in march 2010 by a group of close colleagues of angus maddison, aims to develop an effective way of cooperation between scholars to continue maddison s work on measuring economic performance in the world economy. Mar 18, 2004 following up on his the world economy. We should all be extremely grateful to angus maddison for having taken on this challenge with. The biggest gains occurred in the rich countries of. This presentation is dedicated to angus maddison, who was a lifelong scholar in the measurement of longterm economic growth in the world economy, after several decades at the oecd, maddison became an economics professor at the university of groningen the netherlands, where he developed a broadly. A millennial perspective, first published in 2001 and the world economy.