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The World Economic History in 4 Figures, 1 Photo, and 1 Table

  • Faculty of Law, Economics and Finance (FDEF)
    11 December 2023
  • Topic
    Economics & Management

Date: Tuesday 11 January 2024 from 18.00 to 19.00

Venue: Feidert Room, Kirchberg Campus

Lecture held in English

This session is now full. Please email anne-sophie.henrioul@uni.lu in order to be put on a waiting list.

Speaker

Prof. Andreas Irmen
Professor of Macroeconomics and applied Microeconomics
Faculty of Law, Economics and Finance
Department of Economics and Management

Abstract

For most of human history, the world’s population was equally poor. The sustained increase in living standards is a recent phenomenon. It affected some countries earlier than others, leading to huge discrepancies in the living standards across countries. The time span from 1950 to today is likely to be the greatest period of poverty alleviation in world economic history. Yet, economic growth tends to peter out in the rich countries. Environmental degradation, world population growth, new technologies and a changing geopolitical landscape are key determinants of future living standards and their geographical distribution.

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