The Resource The great convergence : information technology and the new globalization, Richard Baldwin

The great convergence : information technology and the new globalization, Richard Baldwin

Label
The great convergence : information technology and the new globalization
Title
The great convergence
Title remainder
information technology and the new globalization
Statement of responsibility
Richard Baldwin
Creator
Author
Subject
Language
eng
Summary
Between 1820 and 1990, the share of world income going to today's wealthy nations soared from twenty percent to almost seventy. Since then, that share has plummeted to where it was in 1900. As Richard Baldwin explains, this reversal of fortune reflects a new age of globalization that is drastically different from the old. In the 1800s, globalization leaped forward when steam power and international peace lowered the costs of moving goods across borders. This triggered a self-fueling cycle of industrial agglomeration and growth that propelled today's rich nations to dominance. That was the Great Divergence. The new globalization is driven by information technology, which has radically reduced the cost of moving ideas across borders. This has made it practical for multinational firms to move labor-intensive work to developing nations. But to keep the whole manufacturing process in sync, the firms also shipped their marketing, managerial, and technical know-how abroad along with the offshored jobs. The new possibility of combining high tech with low wages propelled the rapid industrialization of a handful of developing nations, the simultaneous deindustrialization of developed nations, and a commodity super-cycle that is only now petering out. The result is today's Great Convergence. Because globalization is now driven by fast-paced technological change and the fragmentation of production, its impact is more sudden, more selective, more unpredictable, and more uncontrollable. As The Great Convergence shows, the new globalization presents rich and developing nations alike with unprecedented policy challenges in their efforts to maintain reliable growth and social cohesion.--
Assigning source
Provided by publisher
Cataloging source
YDX
http://library.link/vocab/creatorName
Baldwin, Richard E
Dewey number
337
Illustrations
illustrations
Index
index present
LC call number
HF1365
LC item number
.B35 2016
Literary form
non fiction
http://library.link/vocab/subjectName
  • Globalization
  • Income distribution
  • Economic geography
  • Technological innovations
Target audience
adult
Label
The great convergence : information technology and the new globalization, Richard Baldwin
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 303-310) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Part I. The long history of globalization in short. -- Humanizing the globe and the first bundling -- Steam and globalization's first unbundling -- ICT and globalization's second unbundling -- Part II. Extending the globalization narrative -- A three-cascading-constraints view of globalization -- What's really new? -- Part III. Understanding globalization's changes -- Quintessential globalization economics -- Accounting for globalization's changed impact -- Part IV. Why it matters -- Rethinking G7 globalization policies -- Rethinking development policy -- Looking ahead -- Future globalization
Dimensions
21 cm
Edition
First Harvard University Press paperback edition, 2019.
Extent
329 pages
Isbn
9780674237841
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other control number
40026717214
Other physical details
illustrations
System control number
  • (OCoLC)1059261685
  • 1922463
  • (OCoLC)on1059261685
  • 1922463
Label
The great convergence : information technology and the new globalization, Richard Baldwin
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 303-310) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Part I. The long history of globalization in short. -- Humanizing the globe and the first bundling -- Steam and globalization's first unbundling -- ICT and globalization's second unbundling -- Part II. Extending the globalization narrative -- A three-cascading-constraints view of globalization -- What's really new? -- Part III. Understanding globalization's changes -- Quintessential globalization economics -- Accounting for globalization's changed impact -- Part IV. Why it matters -- Rethinking G7 globalization policies -- Rethinking development policy -- Looking ahead -- Future globalization
Dimensions
21 cm
Edition
First Harvard University Press paperback edition, 2019.
Extent
329 pages
Isbn
9780674237841
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other control number
40026717214
Other physical details
illustrations
System control number
  • (OCoLC)1059261685
  • 1922463
  • (OCoLC)on1059261685
  • 1922463

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