This is a review article by Andrew Sharpe from the Centre for the Study of Living Standards of Angus Maddison's path-breaking new book, The World Economy: A Millennial Perspective. The article summarizes Maddison's key findings in a number of areas, with particular emphasis on his estimates of...

The question of why economies grow has been at the heart of economic inquiry since Adam Smith. The final article is a review of the recent book Why Economies Grow: The Forces That Shape Prosperity and How to Get Them Working Again by Jeff Madrick. He argues that the growth of markets through...

The objective of this paper is to develop a more comprehensive understanding, from a policy perspective, of key drivers of labour productivity in selected OECD countries and their impact on enhanced productivity performance. The paper first presents some general lessons from the productivity...

This 14th issue of the International Productivity Monitor published by the Centre for the Study of Living Standards contains five articles. Topics covered are recent productivity developments in the United States; lessons for Canada from international productivity experience; India’s...

The foundation for real income growth is productivity growth. This basic principle of economics is well illustrated in this article by Andrew Sharpe of the Centre for the Study of Living Standards on the determinants of trends in living standards in Canada in the 1990s. He shows that over the...