Hailed a "an outstanding contribution to our knowledge of the way in which western economies work" [Times Literary Supplement], this penetrating study of economic growth compares and analyzes tic rates of economic advance in the twelve leading countries that comprise the industrial West. Mr. Maddison examines why, after relative stagnation for several decades, the rate of economic development accelerated in continental Europe in the 1950s, whether this represented a new economic pattern which could be maintained or was only a passing phase of recovery after World...

This book was first published in 1932.

This book was first published in 1967.