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Contours of the World Economy 1-2030 AD: Essays in Macro-Economic History Paperback – December 5, 2007

ISBN-13: 978-0199227204 ISBN-10: 0199227209

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Contours of the World Economy 1-2030 AD: Essays in Macro-Economic History + The World Economy (Development Centre Studies) + Global Economic History: A Very Short Introduction
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Product Details

  • Paperback: 432 pages
  • Publisher: Oxford University Press (December 5, 2007)
  • Language: English
  • ISBN-10: 0199227209
  • ISBN-13: 978-0199227204
  • Product Dimensions: 6.7 x 1.2 x 9.4 inches
  • Shipping Weight: 1.6 pounds (View shipping rates and policies)
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Best Sellers Rank: #169,230 in Books (See Top 100 in Books)

Editorial Reviews

Review


"The scope of the books is sweeping and ambitious.... Recommended."--CHOICE


About the Author


Angus Maddison is Emeritus Professor of Economic Sociology at the University of Groningen. Known for his pioneering work in the field of the quantification of economic growth in the global and historic perspective, Professor Maddison has enjoyed a varied career. He has held a number of positions at St. Andrews University, Johns Hopkins University, MacGill University, the OECD, and Harvard University. He has also acted as a policy advisor for a number of institutions and advised the governments of Ghana and Pakistan. Prof. Maddison was recently awarded the title of Commander in the Order of Orange-Nassau in the Netherlands.

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41 of 43 people found the following review helpful By Jackal on December 1, 2008
Format: Paperback Verified Purchase
The reason why you would buy this book is to get a collection of statistics going back 2,000 years in time. These data are not easy to create so the author has to be commended for providing a good synthesis of the data.

In addition to the data, the text contains a number of essays, which are kind of free-standing and not so coherent. So don't buy this book for a narrative of the world economy during the last 2,000 years. Buy the book for its statistics. If you don't need the statistics, don't buy the book.
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26 of 27 people found the following review helpful By R. Albin TOP 500 REVIEWER on December 30, 2009
Format: Paperback
A useful set of essays from the distinguished economic historian Angus Maddison. The best parts of this book are the numerous data tables and charts examining various aspects of economic history. Included are essays on the demography and economy of the Roman empire, the revival of the Western European economy in the age of mercantile capitalism, the effects of expanding trade with Europe on Asia, Africa, and the Western Hemisphere, an assessment of the sources of the industrial revolution, an essay on pioneers in demography and accounting for national economic activity, and some projections for the future. Each essay, except the one on the early British pioneers of demography and national economic accounting, are essentially a concise text built around presentation of data on demography, economic activity, trade, etc. A great deal of this data is quite valuable. Estimates of population and trade in the Roman empire, the magnitude of the African slave trades across the Atlantic and to the Moslem world, the amount of silver transferred from Europe (originally from the Western Hemisphere), and many other important features of world economic history are included. These datasets are fascinating reading. The accompanying texts are a bit uneven. Generally, these are solid descriptions of major trends and facts but Maddison is not always a careful writer and some of his facts are wrong. The description of the Roman army, for example, is the army of the late Republic and early Principate, not the army of the later Roman Empire. Another example would be his underestimate of the number of deaths associated with the failure of the coup attempt in mid-1960s Indonesia.Read more ›
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19 of 19 people found the following review helpful By William Podmore on September 8, 2009
Format: Paperback
This is a fascinating and brilliant collection of studies in economic history. In Part 1, he looks at various periods of history. Chapter 1 studies the Roman Empire, then the richest part of the world, and "peninsular Italy and its ruling oligarchy were the main gainers." Chapter 2 looks at the years 1500-1820, at Western Europe's unparalleled progress and the transformation of the Americas.

Chapter 3 examines the West's impact on Asia since 1500, particularly the effects that Portugal, the Netherlands and Britain had on China, India, Indonesia and Japan. Chapter 4 looks at the impact of Islam and Europe on Africa since 1 AD. He notes that North Africa was, from the 1st century until the Muslim conquest in the 7th century, a wealthy part of the Roman Empire.

In Part 2, Maddison looks at the advances in macro-measurement made by William Petty (1623-87), `one of the finest examples of the English Enlightenment', John Graunt (1620-74), the first demographer, and Gregory King (1648-1712) who produced estimates of the population of England and Wales, and of income and expenditure. Maddison shows how the evidence has refuted Kondratiev's notion of long waves and Malthus's dismal scaremongering.

In Part 3, Maddison critiques the Intergovernmental Panel on Climate Change's `Special Report on Emissions Scenarios'. This assumes growth that in the OECD countries (the world's richest countries), income per head 1990 to 2100 would rise between from $19K to $109K, in the former socialist countries from $2.4K to $101K, in Asia from $536 to $72K, and in Africa from $1.6K to $61K. Thus the total GDP of Africa, Latin America and some Middle Eastern oil-producing countries would become far bigger than the OECD countries' total GDP.
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1 of 3 people found the following review helpful By greyes123 on May 27, 2012
Format: Kindle Edition Verified Purchase
Excellent review of waht happened to the economy along the history.It's a classic book and all economist slould read it to undestand better the economy nowdays
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1 of 7 people found the following review helpful By Joe User on May 11, 2013
Format: Paperback Verified Purchase
I looked for some information that will be useful for investment decisions. Can not say that the book is useful in that regard other that it offer a glimpse to the thought processes of the conservative British economist.
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