Contours of the World Economy 1-2030 AD Essays in Macro-Economic History

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ISBN: 9780199227211 | 0199227217
Cover: Hardcover
Copyright: 11/11/2007

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This book seeks to identify the forces which explain how and why some parts of the world have grown rich and others have lagged behind. Encompassing 2000 years of history, Part 1begins with the Roman Empire and explores the key factors that have influenced economic development in Africa, Asia, the Americas and Europe. Part 2 covers the development of macroeconomic tools of analysis from the 17th century to the present. Part 3 looks to the future and considers what the shape of the world economy might be in 2030. Combining both the close quantitative analysis with a more qualitative approach that takes into account the complexity of the forces at work, Contours of the World Economy provides students with a totally fascinating overview of world economic history.

List of Figures	p. viii
List of Tables	p. ix
List of Boxes	p. xiii
Acknowledgements	p. xiv
Introduction and Summary	p. 1
The Contours of World Development	p. 2
The History of Macro-Measurement	p. 5
The Shape of Things to Come	p. 6
Contours of World Development, 1-2003AD
The Roman Empire and its Economy	p. 11
Introduction	p. 11
Key Characteristics Accounting for Roman Success in Empire Building	p. 13
Conquest of the Italian Peninsula, 396-191BC	p. 17
The Empire Building Process	p. 18
The Disintegration of the Empire	p. 30
Roman Demography	p. 32
Roman Income	p. 43
Endnotes	p. 60
Bibliography	p. 62
The Resurrection of Western Europe and the Transformation of the Americas	p. 69
Why and When did the West Get Rich?	p. 69
The Driving Forces that Explain the Acceleration in Western Growth since 1820	p. 73
Changes in the Structure of Demand and Employment	p. 74
The European Transformation of the Americas, 1500-1820	p. 87
Endnotes	p. 105
References	p. 108
The Interaction Between Asia and the West, 1500-2003	p. 111
European-Asian Interaction from 1500 to 1820	p. 112
The Impact of Asian Trade on Europe, 1500-1820	p. 115
The Impact of Europe on Asia, 1500-1820	p. 116
Endnotes	p. 178
References	p. 179
The Impact of Islam and Europe on African Development: 1-2003AD	p. 183
Introduction	p. 183
The European Impact on North Africa Before the Seventh Century	p. 185
The Islamic Conquest and its Implications	p. 188
Egypt as an Islamic State	p. 193
The Maghreb and the Initiation of Trans-Saharan Trade in Gold and Slaves	p. 206
The Changing Character of Moroccan Dynasties and their Interaction with Europe and Black Africa	p. 209
Black Africa and the Impact of Islam	p. 214
The European Encounter with Africa	p. 217
Africa from 1820 to 1960	p. 227
Post-Colonial Africa, 1960 Onwards	p. 231
Appendix: The Crusades 1096-1270	p. 237
Endnotes	p. 239
References	p. 240
Advances in Macro-Measurement Since 1665
Political Arithmeticians and Historical Demographers: The Pioneers of Macro-Measurement	p. 249
William Petty (1623-87)	p. 250
John Graunt: The First Demographer (1620-74)	p. 256
Gregory King (1648-1712) and Charles Davenant (1656-1714)	p. 258
Patrick Colquhoun (1745-1820)	p. 282
French Political Arithmetic, 1695-1707	p. 284
Macro-Measurement in the Nineteenth and First Half of the Twentieth Century	p. 287
Bibliography	p. 288
Modern Macro-Measurement: How Far Have We Come?	p. 294
Development of Macro-Measurement as a Tool of Economic Policy since 1950	p. 295
Quantifying and Interpreting World Economic Growth from 1820 Onwards	p. 301
Economic Performance in the Merchant Capitalist Epoch: 1500-1820	p. 307
The Roots of Modernity: 'Takeoff' or Long Apprenticeship	p. 315
Appendices	p. 316
Endnotes	p. 321
Bibliography	p. 323
The Shape of Things to Come
The World Economy in 2030	p. 335
Projections of Population and Changes in Demographic Characteristics	p. 335
Assumptions Underlying the Projections of Per Capita GDP	p. 338
The Relationship Between Economic Growth, Energy Consumption, Carbon Emissions, and Global Warming	p. 347
The Impact of Climate Change	p. 360
The Kyoto Protocol	p. 362
The Report of the House of Lords on Climate Change	p. 362
The Stern Review of the Economics of Climate Change	p. 363
Conclusions on Global Warming	p. 366
Appendix	p. 367
Endnotes	p. 369
Bibliography	p. 370
Appendices
Statistical Appendix A	p. 375
Statistical Appendix B: Ingredients of Growth Accounts in Japan, UK, and USA, 1820-2003	p. 384
Index	p. 387
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Contours of the World Economy 1-2030 AD Essays in Macro-Economic History

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