The World Economy brings together two reference works by Angus Maddison: The World Economy: A Millennial Perspective, first published in 2001 and The World Economy: Historical Statistics, published in 2003. This new edition contains Statlinks, a service providing access to the underlying data in...

The integration of the newly emerging economies (NEEs) into the global economy not only raises major challenges for OECD Member countries, which must adapt to new sources of competition, it also forces emerging economies to equip themselves with the policies and structures necessary to operate...

Foreign direct investment (FDI) is an integral part of an open and effective international economic system and a major catalyst to development. Yet, the benefits of FDI do not accrue automatically and evenly across countries, sectors and local communities. National policies and the international...

The World Trade Organization Agreement on Textiles and Clothing led to the termination of quantitative restrictions at the end of 2004. Under the agreement, countries will no longer be able to protect their own industries by means of restrictions on imports of textile and clothing products....

In light of the elimination of quantitative import restrictions under the WTO at the end of 2004, A New World Map in Textiles and Clothing identifies the most recent market developments throughout the entire supply chain, from natural fibres to retail distribution. It outlines the policy and...

The competitiveness of firms in a global economic environment is an essential element in development strategy, but simply creating an open economy will not suffice to stimulate competitiveness if innovation is lacking. This is the major finding of this cross-country and multi-industry study...

This publication identifies the requirements for successful reallocation of labor and capital to more efficient uses in response to the emergence of new sources of competition, technological change and shifting consumer preferences. At the same time, it focuses on limiting adjustment costs for...