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...
Hailed a "an outstanding contribution to our knowledge of the way in which western economies work" [Times Literary Supplement], this penetra...
In terms of output, the USSR and Japan account for one-fifth of the world's economy, occupying second and third places behind the United States. Japan has the world's fastest growth of per capita income and the USSR has not lagged far behind. But a century ago they were static feudal societies. This study analyzes the policies which enabled them to transform their economies adn to catch up with the developed world. The strategies of the two nations adopted have been very different: Japan has maintained small farms and factories, developed a labor-intensive technology, and...
In terms of output, the USSR and Japan account for one-fifth of the world's economy, occupying second and third places behind the United States. Ja...
In this study, Angus Maddison 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. Maddison explores the impact of Western conquest on the Americas and analyzes the indigenous and external forces that hindered advance in Asia and Africa. He debunks the notion that the Western ascension originated in the industrial revolution in England in the late eighteenth century. His unique analysis suggests that Western Europe overtook Chinese levels of per-capita income in the fourteenth century, in sharp...
In this study, Angus Maddison explores the causes of the West s economic growth over the last 2,000 years and contrasts it with the economic history o...
