Growth and Interaction in the World Economy: The Roots of Modernity
In this study, Angus Maddison explores the causes of the West s economic growth over the last 2,000 years and contrasts it with the economic history of the rest of the world. Maddison explores the impact of Western conquest on the Americas and analyzes the indigenous and external forces that hindered advance in Asia and Africa. He debunks the notion that the Western ascension originated in the industrial revolution in England in the late eighteenth century. His unique analysis suggests that Western Europe overtook Chinese levels of per-capita income in the fourteenth century, in sharp contrast to the prevailing scholarship asserting that China was ahead of Europe until 1800. Growth and Interaction in the World Economy provides guidance on the broad contours of development, which complements qualitative analysis that, on its own, cannot clearly identify the timing and scope of economic changes."
What people are saying - Write a review
We haven't found any reviews in the usual places.
Why and When Did the West Get Rich?
The European Transformation of the Americas
The Interaction between Asia and Europe
4 other sections not shown
1990 international dollars American Enterprise Institute Angus Maddison Asia excluding Japan Asian Asian trade Atlantic average became biomass black Africa Brazil British capita GDP capita income Caribbean Chairman and CEO China Chinese coast colonies countries crops Dutch economic Egypt eighteenth century elite empire Europe & f European exports fifteenth financed French GDP per Capita Ghana gold hunter-gatherers impact important increased India indigenous population institutions international dollars Islam Japan land Latin America levels Maddison 2003a Maghreb mainly maize major merchants Mexico million Mogul Empire Muslim nineteenth North America per-capita income Peru Policy population growth Portugal Portuguese regime Resident Fellow Resident Scholar rose Sahara Sahel sailing seventeenth century significant silver sixteenth century slave trade slavery South Spain Spanish substantial sugar production Table technical progress teenth tion tons Total United Kingdom University urban Viceroyalty Viceroyalty of Peru Visiting Scholar voyage Western Europe Western offshoots world GDP