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 1950's, whether this represented a new economic pattern which could be maintained or was only a passing phase of recovery after World War II. He observes that the...
Hailed a an outstanding contribution to our knowledge of the way in which western economies work Times Literary Supplement], this penetrating study o...
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 has successfully...
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...
Angus (, The late Emeritus Professor of Economic Growth and Development, University of Groningen) Maddison
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. Encompassing 2000 years of history, Part 1begins with the Roman Empire and explores the key factors that have influenced economic development in Africa, Asia, the Americas and Europe. Part 2 covers the development of macroeconomic tools of analysis from the 17th century to the present. Part 3 looks to the future and considers what the shape of the world economy might be in 2030. Combining both the close quantitative analysis with a more qualitative...
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. Encompassing 2...