The World Economy: Historical Statistics
Encyclopedia
The World Economy: Historical Statistics is a book by Angus Maddison
. Published in 2004 by the OECD Development Centre, it studies the growth of populations and economies across the centuries: not just the World Economy
as it is now, but how it was in the past.
Among other things, it showed that Europe's GDP per capita was faster progressing than the leading Asian economies since 1000 AD, reaching again a higher level than elsewhere from the 15th century, while Asian GDP per capita remained static until 1800, when it even began to shrink in absolute terms, as Maddison demonstrated in a subsequent book. At the same time, Maddison showed them recovering lost ground from the 1950s, and documents the much faster rise of Japan
and East Asia
and the economic shrinkage of Russia
in the 1990s.
The book is a mass of statistical tables, mostly on a decade-by-decade basis, along with notes explaining the methods employed in arriving at particular figures. It is available both as a paperback book and in electronic format. Some tables are available on the official website.
Angus Maddison
Angus Maddison was a British economist and a world scholar on quantitative macroeconomic history, including the measurement and analysis of economic growth and development...
. Published in 2004 by the OECD Development Centre, it studies the growth of populations and economies across the centuries: not just the World Economy
World economy
The world economy, or global economy, generally refers to the economy, which is based on economies of all of the world's countries, national economies. Also global economy can be seen as the economy of global society and national economies – as economies of local societies, making the global one....
as it is now, but how it was in the past.
Among other things, it showed that Europe's GDP per capita was faster progressing than the leading Asian economies since 1000 AD, reaching again a higher level than elsewhere from the 15th century, while Asian GDP per capita remained static until 1800, when it even began to shrink in absolute terms, as Maddison demonstrated in a subsequent book. At the same time, Maddison showed them recovering lost ground from the 1950s, and documents the much faster rise of Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
and East Asia
East Asia
East Asia or Eastern Asia is a subregion of Asia that can be defined in either geographical or cultural terms...
and the economic shrinkage of Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
in the 1990s.
The book is a mass of statistical tables, mostly on a decade-by-decade basis, along with notes explaining the methods employed in arriving at particular figures. It is available both as a paperback book and in electronic format. Some tables are available on the official website.