Combining qualitative histories with quantitative data, this work offers a fresh perspective on economic growth and development over the last millennium. The author, a pioneer in the field, analyzes historical trends to uncover the underlying forces shaping economies. By integrating macroeconomic analysis with historical context, the book aims to provide insights that not only reflect on the past but also inform future economic trajectories.
This monograph 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.
A Long-run Comparative View
This book analyzes the nature of growth in advanced capitalist countries which account for half of the world GDP, using a standardized framework of comparative growth accounts. It identifies the causal factors responsible for the unprecedented growth in sixteen countries. Illuminating currenteconomic issues in advanced capitalist countries, the author contributes to their collective economic history, and augments the evidence for the study of economic growth and its dynamics.
An analysis of 20th century economic growth based on a sample of 32 countries representing 80% of global economic activity. Performance, policies, and institutions are all assessed leading to the conclusion that increases in knowledge and technical progress embodied in human and physical capital continue to constitute the major engine of growth.