What's new

How China and India had always the biggest Economies for centuries

senheiser

SENIOR MEMBER
Joined
Jun 26, 2012
Messages
4,037
Reaction score
-1
Country
Russian Federation
Location
Germany
Indien = India
Großbritanien = Great Britain
Russland = Russia
Gebiet der späteren UdSSR = Territories of the later USSR

Sowjetunion = Soviet Union
Deutschland = Germany
Frankreich = France
Italien = Italy
Römisches Reich = Roman Empire
Türkei = Turkey
Ägypten = Egypt

Jahr = Year

here it starts from Christs birth, who had the biggest economies
image-676491-galleryV9-fclt.jpg


Yandex.Translate

Datenjournalismus: Die größten Wirtschaftsnationen aller Zeiten - SPIEGEL ONLINE

Historical comparison: As India, the world economy led

By Henning Javornik

Science or statistical Gimmick? Researchers at the University of Groningen, the biggest economic powers since the year one have determined - with surprising results: When Jesus was born, struck the heart of the world economy, therefore, in India.


SPIEGEL ONLINE
The rankings of the largest economies in the years 1-2030

Hamburg - the country Which was in the first year after the birth of Christ, the largest economy in the earth? The surprising answer: it was situated on the territory of present-day India. On the place two follows China. Italy, at that time, at least at the heart of the Roman Empire, with the third rank content.



The now late British Economist Angus Maddison is the answer to the question of who and when is the largest economy had. The former Professor of the University of Groningen, the gross domestic product (GDP) of all the Nations since the year one calculated.
A mammoth project in the Excel table are more than 12.800 gross domestic product of more than 180 countries listed. The survey recorded the development of more than 2000 years ago. Sure, many of the data are based on estimates. To the reliability of today's economic statistics are not approached. According to controversial is the project experts. What is the "Maddison Tables" but does not prevent, to the widely used data in disciplines such as growth theory and economic history.

Maddison was a man possessed Zahlenliebhaber, all of his life with the measurement of the economic growth in society. His goal in life: The economic power of all Nations to determine and so far as to go back in the history, as it is only possible. In 2001, he had a first breakthrough: Maddison determined the entire Output of the world in the year one. It should 105,4 billion dollars in prices of 1990, respectively. For comparison: This is less than the present economic power of Berlin.

China dominated for centuries the whole world

The Maddison-statistics provides many surprising results. Today, China is regarded as an emerging power, the West is threatened. It is historically, this is nothing New: China dominated for several centuries the whole world. In the year 1500 was the Chinese Empire under the Ming dynasty, the largest economies in the world. About a quarter of the total global GDP was generated in China.

In our interactive Chart, you'll see what Nation, what century how much percent of the global GDP generated. So the chart, you can by clicking individual countries in the legend select. Drag the mouse over a particular century, to zoom in.

It took 400 years later, in 1890, were the USA, China, from the throne, and dominated the 21st century. In 1970 provided China just four percent of the economic output.

An inverted fate of Russia has behind: Already in the year 1000, the area belonged to the later of the USSR of the largest economic powers of the earth, especially by the then Mongolenreich. From 1938 until 1980 pushed the USSR on the place two of the economies. Today, however, Russia is politically a giant, but economically a middle power on the decline.

Important: Maddison calculated GDP figures in the so called purchasing power Parities, in order to exchange rate fluctuations and the different price levels in different countries to compensate. Also the Inflation was taken into account, all the data are in 1990 prices specified.

Soon could historical Normalverhältnisse restore. SPIEGEL ONLINE has the GDP figures for 2012 and 2030 on the Basis of the world Bankforecast GDP growth rates projected - for Maddison has the values only up to the year 2008 recorded. According to this estimate, China, the USA in the year 2030 as the largest economy in the world to come. The Emergence of the world power of China is seen no Revolution, but a return to the historical norm.

Gimmick or study with significance?

"The ranking shows how economic Power into political ambitions are changing," says Albrecht Ritschl, economic historian at the London School of Economics. So, Germany is in 1913, shortly before the outbreak of the first world war, the economy was particularly strong and intervenes in the course of which after the supremacy in Europe.

In the year 2010 is Maddison dead. Since then, many former students of the British Economist at the "Maddison-project" and lead his life's work. As new data is there, add the scientists of the Excel table. Recently, in January 2013 the GDP Figures for the Netherlands between 1348 and 1807 added.



But how meaningful are Maddisons data? The biggest Problem of the statistics: There are no reliable data sources. For the first gross domestic product was only in the year 1665 by the Economist William Petty calculated. This lack of thousands of pieces of data. "It is totally impossible, the missing data. We know today, not once, how many people at the time in these countries have lived," says Dieter Ziegler, Professor of economic history at the Ruhr-University Bochum. For it is Maddisons survey, therefore, "only a Gimmick with no real significance.
The West was for centuries inferior

It is clear: Maddisons historical data are much less accurate than today's measurements of the economic power, also because the borders of the country over the centuries has been delayed several times. But still, textbook of Economics, full of Maddisons count. Especially in the economic growth theory, the data is often used. "The Figures show the correct tendency," says historian Ritschl. The rough ranking of Nations vote, even if the data are only estimates.

But even these estimates have limits. "Once Maddison suggested to me the economic power of Egypt in ancient times to calculate," says Ritschl. You could historical sources and the quantities harvested list, have Maddison said. "But," Ritschl, "would be a trip to hell."



here you can see the % share of world economy starting from the year 0 to projections to 2030, to play furether around go the link below
Datenjournalismus: Die größten Wirtschaftsnationen aller Zeiten - SPIEGEL ONLINE

dDCnr5CkOYHeO7tBmdzuvLyPkuIVAj4ZLE5wj2FD1FHxGtECSP5RUzvkfQCzQdF9eXPk3JPd3_FgFmKcxtewGA%3D%3D

9Pt5GOTLhIOf324YcfYBt9Mrh6XMnPXJxLSCUP_y6wGGKEamIeXBc3ZVBqaIiA35LHcBVBgqiN4oZms-OlTpyQ%3D%3D
 
Last edited:
The biggest economy was Ummyad caliphate from present day Sindh Punjab to France.... That may be biggest empire and economy....

List

Afghanistan
Algeria
Andorra
Armenia
Azerbaijan
Bahrain
Chad[1]
Cyprus
Egypt
Eritrea[2]
France
Georgia
Gibraltar (UK)
Greece[3]
India[4]
Iran
Iraq
Israel
Jordan
Kazakhstan
Kuwait
Kyrgyzstan
Lebanon
Libya
Mauritania
Morocco
Niger[5]
Oman
Pakistan
Palestinian Authority
Portugal
Qatar
Russia
Saudi Arabia
Somalia[6]
Spain
Syria
Tajikistan
Tunisia
Turkey
Turkmenistan
United Arab Emirates
Uzbekistan
Yemen
Western Sahara
 
The biggest economy was Ummyad caliphate from present day Sindh Punjab to France.... That may be biggest empire and economy....

List

Afghanistan
Algeria
Andorra
Armenia
Azerbaijan
Bahrain
Chad[1]
Cyprus
Egypt
Eritrea[2]
France
Georgia
Gibraltar (UK)
Greece[3]
India[4]
Iran
Iraq
Israel
Jordan
Kazakhstan
Kuwait
Kyrgyzstan
Lebanon
Libya
Mauritania
Morocco
Niger[5]
Oman
Pakistan
Palestinian Authority
Portugal
Qatar
Russia
Saudi Arabia
Somalia[6]
Spain
Syria
Tajikistan
Tunisia
Turkey
Turkmenistan
United Arab Emirates
Uzbekistan
Yemen
Western Sahara
Your list is wrong. India and France were never under the rule of the Umayyad caliphate.
 
I don't know, but India history started in 1947. Im sure. USA, uk had a bigger economy than India.

The British economy has been grown considerably to be noticeable after the industrial revolution of the 17th Century. Same for the US. Their industrialization started much after the end of civil war of 1860s.

And by economy of India, in this case refers to the economy of the present geography of India. And it is quite logical and evident from the fact that India historically has been an agriculture dominated economy, and that has been accounted for in this studies.
 
The biggest economy was Ummyad caliphate from present day Sindh Punjab to France.... That may be biggest empire and economy....

List

Afghanistan
Algeria
Andorra
Armenia
Azerbaijan
Bahrain
Chad[1]
Cyprus
Egypt
Eritrea[2]
France
Georgia
Gibraltar (UK)
Greece[3]
India[4]
Iran
Iraq
Israel
Jordan
Kazakhstan
Kuwait
Kyrgyzstan
Lebanon
Libya
Mauritania
Morocco
Niger[5]
Oman
Pakistan
Palestinian Authority
Portugal
Qatar
Russia
Saudi Arabia
Somalia[6]
Spain
Syria
Tajikistan
Tunisia
Turkey
Turkmenistan
United Arab Emirates
Uzbekistan
Yemen
Western Sahara
Your list is wrong. India and France were never under the rule of the Umayyad caliphate.
 
Useless thread. Does it mean anything? In ancient times, the economy of each region is isolated, the ancient economy could stay self sufficient, unlike nowadays when we have to trade. In ancient China, we even don't need trade with other countries. So it's meaningless to compare ancient economy across the world.
 
See the change of India from 1870 (13 years into British Raj) to 1913. This was the period when the British leech sucked the maximum blood out of Bharat. We still haven't recovered. The infographic predicts in 2030 we'll re-enter the top 5 but I doubt it, and would be happy to see us there by the middle of the century. British rule was probably the worst century for us as a civilization and people. I'd say right up there with when muslims invaded, and that's saying a lot. Abrahamic religions have been a curse for India, unfortunately.

China was much more fortunate that despite all the trickery and evil that imperialists had planned for them, the Manchu emperor was wise enough to acknowledge the enemy's strength and sign treaties surrendering only small pieces of land rather than fighting the British and Europeans till either side collapsed (as was the case with Sikh/Marathas/Mughals/Tipu Sultan/etc against British). This allowed China to consolidate themselves and keep their riches mostly to themselves, and why despite the civil war has never fallen out of the top 5. I can only say it would have been better if someone like Deng was there to lead the communist forces rather than Mao, as China would have been developed by now, rather than Mao murdering tens of millions of Chinese for his lack of knowledge on how even basic economics work. But then, history has its own momentum and one can only wonder decades after the fact.
 
people are even jealous that india as a name existed before their country :lol:........can c alot of rondus in this thread...only some retards think india was created in 1947.....it only got free in 1947.......instead of feeling pride of being a part of indian economy in 1700's 1800's they are here to satisfy their inferiority complex:yes4::thank_you2:
 
Some guys here desperately repeating that India is created just after 1947.Except Mughal rule that is outsiders we all have a single culture .Indians are always same.
 

Latest posts

Back
Top Bottom