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001 ocn962814110
003 OCoLC
005 20240726104745.0
008 161115t20162016mauab ob 001 0 eng d
040 _aYDX
_beng
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_dNT
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020 _a9780674972667
_q((electronic)l(electronic)ctronic)
050 0 4 _aHF1365
_b.G743 2016
049 _aMAIN
100 1 _aBaldwin, Richard E.,
_e1
245 1 0 _aThe great convergence :
_binformation technology and the new globalization /
_cRichard Baldwin.
260 _aCambridge, Massachusetts :
_bThe Belknap Press of Harvard University Press,
_c(c)2016.
300 _a1 online resource (329 pages) :
_billustrations, maps
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
520 0 _aBetween 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.--
_cProvided by publisher.
504 _a2
505 0 0 _aHumanizing the globe and the first bundling --
_tSteam and globalization's first unbundling --
_tICT and globalization's second unbundling --
_tA three-cascading-constraints view of globalization --
_tWhat's really new? --
_tQuintessential globalization economics --
_tAccounting for globalization's changed impact --
_tRethinking G7 globalization policies --
_tRethinking development policy --
_tFuture globalization.
530 _a2
_ub
650 0 _aGlobalization
_xEconomic aspects.
650 0 _aIncome distribution.
650 0 _aEconomic geography.
650 0 _aTechnological innovations
_xEconomic aspects.
655 1 _aElectronic Books.
856 4 0 _uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1415370&site=eds-live&custid=s3260518
_zClick to access digital title | log in using your CIU ID number and my.ciu.edu password
942 _cOB
_D
_eEB
_hHF
_m2016
_QOL
_R
_x
_8NFIC
_2LOC
994 _a92
_bNT
999 _c77242
_d77242
902 _a1
_bCynthia Snell
_c1
_dCynthia Snell