Monitoring the World Economy is a sequel to the author’s earlier book, The World Economy in the 20th Century, that features the revival of interest in economic growth, catch up, convergence, and divergence. It consists of consistent estimates of GDP, population, and GDP per capita for the period 1820 to 1992 for 56 countries accounting in 1992 for over 90 per cent of world product. This book provides an analysis of the most comprehensive database available for comparative, quantitative interpretation of the causal influences, and includes extensive commentary on the analytical tools developed by economists in their attempt to explain variations in rates of growth and levels of income.
Table of Contents