Cover image for The world economy : historical statistics
Title:
The world economy : historical statistics
Author:
Maddison, Angus.
Personal Author:
Publication Information:
Paris, France : Development Centre of the Organisation for Economic Co-operation and Development, [2003]

©2003
Physical Description:
273 pages ; 27 cm.
Summary:
Maddison offers insights into the history and political influence of national accounts and national accounting. He demonstrates that such statistical data can enlighten the contemporary and later observer in the analysis of economic phenomena such as growth, market formation and income distribution. This approach is particularly interesting for developing countries which often lack the expertise or data to produce good national accounts and are thus deprived of a vital policy-making tool.
Language:
English
ISBN:
9789264104129
Format :
Book

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Summary

Summary

Following up on his The World Economy: a Millennial Perspective (OECD, 2001) Angus Maddison offers a rare insight into the history and political influence of national accounts and national accounting. He demonstrates that such statistical data can enlighten the analysis of economic phenomena such as growth, market formation, and income distribution. This approach is particularly interesting for developing countries that often lack the expertise or data to produce good national accounts and are thus deprived of a vital policymaking tool. For OECD countries, it is a reminder that policies need to be grounded in the reality of verifiable economic data if they are to succeed.


Author Notes

Angus Maddison is emeritus professor at the University of Groningen in the Netherlands and honorary fellow of Selwyn College, Cambridge University.


Reviews 1

Choice Review

In 2001, Maddison gave historians and economists The World Economy: A Millennial Perspective (CH, Oct'01), an indispensable work providing comprehensive data of such depth that causes and patterns of economic growth and decline could be analyzed more accurately. This revision updates the data presented in that work. The tables bring up to date the population estimates (1950-2003) and GDP and per capita GDP (1820-2001), and provide detail on more countries for pre-1820 data published in the original volume. The 4,200 annual entries for Europe and Western offshoot countries have been expanded to 15,200, and the original 15,300 entries for Latin America, Asia, and Africa expanded to 22,600. Maddison's select bibliography cites the scholars and scholarship associated with the development of global macroeconomic analysis. He understands the difficulties associated with the quantitative analysis he presents and confronts these difficulties with reasonable suggestions for their resolution. A CD-ROM prepared by the OECD's Statistics Directorate is designed to accompany the book to facilitate access to the data, and a Web site is under construction. ^BSumming Up: Essential. Research collections. C. D. Anderson Bryant College


Table of Contents

Forewordp. 3
List of Tables in Prologue and Source Notesp. 6
List of Basic Tablesp. 7
Acknowledgementsp. 10
Prefacep. 11
Introductionp. 13
Prologue: The Pioneers of Macromeasurementp. 15
HS-1 29 West European Countriesp. 25
HS-2 Western Offshoots (Australia, New Zealand, Canada and the United States)p. 71
HS-3
A. East Europe and the Former USSRp. 91
B. 7 Successor States of Former Czechoslovakia and Yugoslaviap. 103
C. 15 Successor States of Former USSRp. 107
HS-4 Latin Americap. 113
HS-5 Asiap. 151
HS-6 Africap. 189
HS-7 The World Economy, 1950-2001p. 225
HS-8 The World Economy, 1-2001 ADp. 241
Select Bibliographyp. 265