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La economìa de occidente y la del resto del mundo en el último milenio*§

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  • Maddison, Angus

Abstract

This essay contends that Western Europe's economy started to grow at a more rapid pace than the rest of the World during the Early Modern or Late Medieval era. Using the latest quantitative information available it is argued that, between the years 1000 and 1820, GDP per head in Western Europe experienced a threefold increase whereas that of the rest of the World grew only 33 per cent. Among the factors responsible for this difference the author highlights the progress in navigation techniques, with its consequences on trade and the division of labour; the adoption of institutions that also favoured trade; the knowledge revolution which started during the Renaissance period; the political division of Europe, with its corollary of competition among states and enhanced freedom, as well as the development of individualism favoured by the Christian cultural tradition.

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  • Maddison, Angus, 2004. "La economìa de occidente y la del resto del mundo en el último milenio*§," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 22(2), pages 259-336, September.
  • Handle: RePEc:cup:reveco:v:22:y:2004:i:02:p:259-336_01
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    Cited by:

    1. María Fernanda Justiniano & María Elina Tejerina, 2020. "Ecos eurocéntricos en la historia económica regional latinoamericana. El caso de los estudios históricos del norte de Argentina en tiempos de independencia," Ensayos de Economía 018313, Universidad Nacional de Colombia Sede Medellín.

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