figure 1.1 angus maddison ( )

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International Economics: Theory, Application, and Policy, Ch. 1; Charles van Marrewijk, 2012 1 ure 1.1 Angus Maddison (1926 - 2010) * The portrait was painted by Carla Rodenburg in 2001. I am grateful to Angus Maddison for his permission to use this painting. Angus Maddison

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Figure 1.2 Gross domestic and gross national product, 2008 ($ billion). The dotted line is a 45º line, the axes use a logarithmic scale, and the circles are proportional to the size of GNI.

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Page 1: Figure 1.1 Angus Maddison ( )

International Economics: Theory, Application, and Policy, Ch. 1; Charles van Marrewijk, 2012 1

Figure 1.1 Angus Maddison (1926 - 2010)

* The portrait was painted by Carla Rodenburg in 2001. I am grateful to Angus Maddison for his permission to use this painting. Angus Maddison

Page 2: Figure 1.1 Angus Maddison ( )

International Economics: Theory, Application, and Policy, Ch. 1; Charles van Marrewijk, 2012 2Figure 1.2 Gross domestic and gross national product, 2008 ($ billion). The dotted line is a 45º line, the axes use a logarithmic scale, and the circles are proportional to the size of GNI.

GDP and GNI, 2008 (billion current $)

10

100

1,000

10,000

100,000

10 100 1,000 10,000 100,000

Gross Domestic Product, GDP

Gro

ss N

atio

nal I

ncom

e, G

NI

USA

China

Germany

Japan

Page 3: Figure 1.1 Angus Maddison ( )

International Economics: Theory, Application, and Policy, Ch. 1; Charles van Marrewijk, 2012 3Figure 1.3 Gross domestic product, 2008; top 15, ranked according to ppp

GDP, 2008; top fifteen countries, ranked according to PPP

992

1,302

1,344

1,443

1,549

1,872

1,978

2,122

2,178

2,260

2,905

3,359

4,358

7,909

14,093

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000

Turkey

Canada

S. Korea

Spain

Mexico

Italy

Brazil

France

UK

Russia

Germany

India

Japan

China

USA

GDP; PPP

GDP; current $

Page 4: Figure 1.1 Angus Maddison ( )

International Economics: Theory, Application, and Policy, Ch. 1; Charles van Marrewijk, 2012 4Figure 1.4 Exports and imports of goods and services, 2008 ($ billion) The dotted line is a 45º line, the axes use a logarithmic scale, and the circles are proportional to the size of exports.

Exports and imports of goods and services, 2008 ($ bn)

1

10

100

1,000

10,000

1 10 100 1,000 10,000

export value

impo

rt va

lue

USA

GermanyChina

Russia

Saudi Arabia

Ethiopia

Brunei

Page 5: Figure 1.1 Angus Maddison ( )

International Economics: Theory, Application, and Policy, Ch. 1; Charles van Marrewijk, 2012 5

Figure 1.5 Relative exports of goods and services, 2008 (% of GDP)

Relative exports of goods and services, 2008 (% of GDP)

88

90

91

92

97

110

131

179

212

234

0 50 100 150 200 250

Malta

Macao

United Arab Emirates

Belgium

Bahrain

Malaysia

Seychelles

Luxembourg

Hong Kong

Singapore

Page 6: Figure 1.1 Angus Maddison ( )

International Economics: Theory, Application, and Policy, Ch. 1; Charles van Marrewijk, 2012 6Figure 1.6 Taxes on international trade, 2008 (% of government revenue)

Taxes on international trade, 2008 (% of revenue)

25

26

27

32

32

35

35

44

52

57

0 10 20 30 40 50 60

Russian Federation

Niger

Bangladesh

St. Kitts and Nevis

Maldives

Madagascar

Cote d'Ivoire

Namibia

Bahamas, The

Lesotho

Page 7: Figure 1.1 Angus Maddison ( )

International Economics: Theory, Application, and Policy, Ch. 1; Charles van Marrewijk, 2012 7Figure 1.7 Development of world per capita income over the last 2000 years

World GDP per capita (1990 international $), logarithmic scale

5,709

435444 667

1820100

1,000

10,000

0 500 1000 1500 2000

Page 8: Figure 1.1 Angus Maddison ( )

International Economics: Theory, Application, and Policy, Ch. 1; Charles van Marrewijk, 2012 8

Figure 1.8 Two waves of globalization in trade

Merchandise exports, % of GDP in 1990 prices

4.6

17.2

2.5

10.1

0.2

13.4

0

5

10

15

1870 1900 1930 1960 1990

world USA Japan

Page 9: Figure 1.1 Angus Maddison ( )

International Economics: Theory, Application, and Policy, Ch. 1; Charles van Marrewijk, 2012 9

Figure 1.9 Foreign capital stocks; assets / world GDP

0.6

0.4

0.2

01860 1880 1900 19601920 1940 1980 2000

Foreign capital stocks; assets / world GDP0.6

0.4

0.2

01860 1880 1900 19601920 1940 1980 2000

Foreign capital stocks; assets / world GDP

Page 10: Figure 1.1 Angus Maddison ( )

International Economics: Theory, Application, and Policy, Ch. 1; Charles van Marrewijk, 2012 10

Figure 1.10 Relative migration flows, Western Europe and Western Offshoots

Relative annual immigration flows, 1870-1998 (per 1000)

-2

0

2

4

6

1870-1913 1914-1949 1950-1973 1974-1998

Western Europe Western Offshoots

Page 11: Figure 1.1 Angus Maddison ( )

International Economics: Theory, Application, and Policy, Ch. 1; Charles van Marrewijk, 2012 11Figure 1.11 Intra- and Inter-regional merchandise trade flows (% of world total)

Merchandise trade export by region, 2008 (% of total)

0.3

0.9

1.0

0.8

6.5

13.9

29.9

3.5

3.8

4.5

6.5

13.0

27.7

41.0

0 10 20 30 40

AFR

SCA

CIS

mEAST

NAM

ASIA

EUR

total

intra-region