Growth and Interaction in the World Economy
Growth and Interaction in the World Economy is written by Angus Maddison, author of numerous works on long-term economic growth. This book 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 also analyzes the local and external forces that hindered advance in Asia and Africa. This monograph dwells on the analysis of Western Europe in the fourteenth century, and the scholarship asserting that China was ahead until 1800. Growth and Interaction in the World Economy provides guidance on the different areas of development which complements qualitative analysis.
Growth and Interaction in the World Economy Table of Contents
PART I - Why and When Did the West Get Rich?
- Changes in the Momentum of Growth over the Long Term
- The Divergence between the “West” and the “Rest”
- The Driving Forces That Explain the Acceleration of Western Growth since 1820
- The Roots of Modernity: Fundamental FeaturesUnderlying Western Ascension, 1000–1820
- Four Major Intellectual and Institutional Changes in the West before 1820
- The Locus of Technical Change, 1000–1820
- The Scientific Revolution
PART II - The European Transformation of the Americas, 1500-1820
- The European Encounter and Its Impact
- European Gains from the Americas
- Spanish Policy and Institutions
- Portuguese Policy and Institutions
- Characteristics of Dutch, British, and FrenchColonialism in the Caribbean
- British North America
PART III - The Interaction Between Asia and Europe, 1500-1820
- The Advent of the Europeans
- The Impact of Asian Trade on Europe
- The Impact of Europe on Asia
- Chinese Characteristics Affecting EconomicPerformance
- Indian Characteristics Affecting Economic Performance
PART IV - The Contours of African Development
Notes
References and Recommendations
About The Author