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{{short description|Landmark book by Angus Maddison}}
{{infobox Book

{{Infobox book
| name = The World Economy: Historical Statistics
| name = The World Economy: Historical Statistics
| title_orig =
| title_orig =
| translator =
| translator =
| image = 1_AD_to_2003_AD_Historical_Trends_in_global_distribution_of_GDP_China_India_Western_Europe_USA_Middle_East.png
| image =
| image_caption =
| caption =
| author = [[Angus Maddison]]
| author = [[Angus Maddison]]
| cover_artist =
| cover_artist =
| country =
| country =
| language = [[English language|English]]
| language = English
| series =
| series =
| genre = [[Economic history]]
| genre = [[Economic history]]
| publisher = OECD ([[Organisation for Economic Co-operation and Development]]
| publisher = OECD ([[Organisation for Economic Co-operation and Development]])
| release_date = 2003
| release_date = 2003
| media_type = Print (book)
| media_type = Print (book)
| pages = 274
| pages = 274
| isbn = ISBN 9264104127
| isbn = 92-64-10412-7
| dewey= 330.9 22
| congress= HF1359 .M333 2003
| oclc= 53465560
| preceded_by =
| preceded_by =
| followed_by =
| followed_by =
}}
}}
'''''The World Economy: Historical Statistics''''' is a book by [[Angus Maddison]]. Published in 2004 by the [[Organisation for Economic Co-operation and Development]], 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.
'''''The World Economy: Historical Statistics''''' is a landmark 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 confirms [[Adam Smith]]'s view that [[China]] and [[India]] were at a level with [[Europe]] in the late [[18th century]], but also static whereas Europe was fast progressing. It also shows 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 [[1990]]s.
Among other things, it showed that Europe's [[gross domestic product]] (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,<ref>Maddison, Angus: ''The World Economy. A Millennial Perspective (Vol. 1). Historical Statistics (Vol. 2)'', OECD 2006, {{ISBN|92-64-02261-9}}, p. 629</ref> 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.<ref>[[Angus Maddison|Maddison, Angus]] (2007): "Contours of the World Economy, 1–2030 AD. Essays in Macro-Economic History", Oxford University Press, {{ISBN|978-0-19-922721-1}}, p. 379, table A.4.</ref> 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. It also shows how colonialism strongly benefited Europe at a tremendous cost to Asia.


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.
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.

== See also ==
* [[List of regions by past GDP (PPP) per capita]]
* [[Angus Maddison statistics of the ten largest economies by GDP (PPP)]]
* [[Maddison Project]], a project started in March 2010 to continue Maddison's work after his death

== References ==
{{primary sources|date=March 2014}}
{{reflist}}


== External links ==
== External links ==
*[http://www.oecdbookshop.org/oecd/display.asp?K=5L9ZBQKL5RLW&lang=EN The World Economy: Volume 1: A Millennial Perspective and Volume 2: Historical Statistics] at the [[Organisation for Economic Co-operation and Development|OECD]] [http://www.oecdbookshop.org online bookshop].
*[http://www.ggdc.net/Maddison/ Angus Maddison's Homepage] at the [http://www.ggdc.net/ Groningen Growth and Development Centre]
*[http://www.ggdc.net/Maddison/ Angus Maddison's Homepage] at the [http://www.ggdc.net/ Groningen Growth and Development Centre]
*[http://www.theworldeconomy.org Official website of ''The World Economy'']


{{DEFAULTSORT:World Economy}}
[[Category:2004 books]]
[[Category:2004 non-fiction books]]
[[Category:Demography]]
[[Category:Demography]]
[[Category:Econometrics]]
[[Category:Economic growth]]
[[Category:Economic growth]]
[[Category:Economic history books]]
[[Category:Books about economic history]]


{{econ-hist-book-stub}}

Revision as of 20:43, 17 December 2023

The World Economy: Historical Statistics
AuthorAngus Maddison
LanguageEnglish
GenreEconomic history
PublisherOECD (Organisation for Economic Co-operation and Development)
Publication date
2003
Media typePrint (book)
Pages274
ISBN92-64-10412-7
OCLC53465560
330.9 22
LC ClassHF1359 .M333 2003

The World Economy: Historical Statistics is a landmark 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 gross domestic product (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,[1] 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.[2] 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. It also shows how colonialism strongly benefited Europe at a tremendous cost to Asia.

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.

See also

References

  1. ^ Maddison, Angus: The World Economy. A Millennial Perspective (Vol. 1). Historical Statistics (Vol. 2), OECD 2006, ISBN 92-64-02261-9, p. 629
  2. ^ Maddison, Angus (2007): "Contours of the World Economy, 1–2030 AD. Essays in Macro-Economic History", Oxford University Press, ISBN 978-0-19-922721-1, p. 379, table A.4.