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...

Real gross domestic product (GDP) fails to account for the trading gains and losses that result from changes in the terms of trade and in the real exchange rate (the price of tradables relative to the price of nontradables). Canada has enjoyed vast improvements in its terms of trade over recent...

In France, the number of years of schooling is high, and so is spending on education. Over the past thirty years, spending per student has increased, in particular because of the growing importance of the secondary and tertiary levels. What, more generally, is the impact of education on the...

Industrial district are often described as systems of firms in static equilibrium, in which changes in the environment or in the power of stakeholders can break the cooperation mechanism and lead to the crisis and even death of the district. The authors analyse two industrial districts, Biella...

The urban population has considerably increased in Morocco since 1950 due to the rural exodus. The urban system is relatively unbalanced and is dominated by the agglomeration of Casablanca. The level of primacy has decreased since the 1970s to the benefit of a few large agglomerations. The...

The competitiveness of a territory is more and more explained by factors that combine technological innovation, recognized as a key element of the competitive advantage of an economic system, with knowledge, creativity, and sometimes even art and culture. In some areas of ancient...

Avec une croissance soutenue, une vague d'investissements directs étrangers sans précédent, et un net recul de la pauvreté, le bilan des quinze dernières années est largement positif pour l'Afrique sub-saharienne. Ce regain de croissance, qui s'est accompagné de réformes économiques...

Cette étude présente les résultats d’un nouveau modèle de prévision de la croissance économique des pays de l’OCDE et des principaux pays hors OCDE sur un horizon de 50 ans, ainsi que des déséquilibres globaux. Un scénario de référence tablant sur des réformes structurelles...

Cet article compare la croissance potentielle d’un panel d’économies composé de la France, de la zone euro, des États-Unis et du Japon. Il met en évidence la situation favorable des États-Unis par rapport à l’Europe et au Japon.

Productivity growth is the main long-run determinant of living standards. However, there are some distinctions between productivity growth as conventionally measured and the potential of the economy to raise living standards. Specifically, insofar as the share of depreciation in output...