The Great Convergence : : Information Technology and the New Globalization / / Richard Baldwin.
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...
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Place / Publishing House: | Cambridge, MA : : Harvard University Press, , [2018] ©2016 |
Year of Publication: | 2018 |
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Physical Description: | 1 online resource (330 p.) :; 2 halftones, 29 line illustrations, 41 graphs, 9 tables |
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Baldwin, Richard, author. aut http://id.loc.gov/vocabulary/relators/aut The Great Convergence : Information Technology and the New Globalization / Richard Baldwin. Cambridge, MA : Harvard University Press, [2018] ©2016 1 online resource (330 p.) : 2 halftones, 29 line illustrations, 41 graphs, 9 tables text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Frontmatter -- Contents -- Introduction -- PART I: The Long History of Globalization in Short -- Introduction -- 1. Humanizing the Globe and the First Bundling -- 2. Steam and Globalization’s First Unbundling -- 3. ICT and Globalization’s Second Unbundling -- PART II: Extending the Globalization Narrative -- 4. A Three- Cascading- Constraints View of Globalization -- 5. What’s Really New? -- PART III: Understanding Globalization’s Changes -- 6. Quintessential Globalization Economics -- 7. Accounting for Globalization’s Changed Impact -- PART IV: Why It Matters -- Introduction -- 8. Rethinking G7 Globalization Policies -- 9. Rethinking Development Policy -- PART V: Looking Ahead -- 10. Future Globalization -- Notes -- Acknowledgments -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star 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 supercycle 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. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 24. Aug 2021) Economic geography. Globalization Economic aspects. Income distribution. Technological innovations Economic aspects. BUSINESS & ECONOMICS / Economic History. bisacsh Title is part of eBook package: De Gruyter Harvard University Press Complete eBook-Package 2017 9783110543315 https://doi.org/10.4159/9780674972667 https://www.degruyter.com/isbn/9780674972667 Cover https://www.degruyter.com/cover/covers/9780674972667.jpg |
language |
English |
format |
eBook |
author |
Baldwin, Richard, Baldwin, Richard, |
spellingShingle |
Baldwin, Richard, Baldwin, Richard, The Great Convergence : Information Technology and the New Globalization / Frontmatter -- Contents -- Introduction -- PART I: The Long History of Globalization in Short -- 1. Humanizing the Globe and the First Bundling -- 2. Steam and Globalization’s First Unbundling -- 3. ICT and Globalization’s Second Unbundling -- PART II: Extending the Globalization Narrative -- 4. A Three- Cascading- Constraints View of Globalization -- 5. What’s Really New? -- PART III: Understanding Globalization’s Changes -- 6. Quintessential Globalization Economics -- 7. Accounting for Globalization’s Changed Impact -- PART IV: Why It Matters -- 8. Rethinking G7 Globalization Policies -- 9. Rethinking Development Policy -- PART V: Looking Ahead -- 10. Future Globalization -- Notes -- Acknowledgments -- Index |
author_facet |
Baldwin, Richard, Baldwin, Richard, |
author_variant |
r b rb r b rb |
author_role |
VerfasserIn VerfasserIn |
author_sort |
Baldwin, Richard, |
title |
The Great Convergence : Information Technology and the New Globalization / |
title_sub |
Information Technology and the New Globalization / |
title_full |
The Great Convergence : Information Technology and the New Globalization / Richard Baldwin. |
title_fullStr |
The Great Convergence : Information Technology and the New Globalization / Richard Baldwin. |
title_full_unstemmed |
The Great Convergence : Information Technology and the New Globalization / Richard Baldwin. |
title_auth |
The Great Convergence : Information Technology and the New Globalization / |
title_alt |
Frontmatter -- Contents -- Introduction -- PART I: The Long History of Globalization in Short -- 1. Humanizing the Globe and the First Bundling -- 2. Steam and Globalization’s First Unbundling -- 3. ICT and Globalization’s Second Unbundling -- PART II: Extending the Globalization Narrative -- 4. A Three- Cascading- Constraints View of Globalization -- 5. What’s Really New? -- PART III: Understanding Globalization’s Changes -- 6. Quintessential Globalization Economics -- 7. Accounting for Globalization’s Changed Impact -- PART IV: Why It Matters -- 8. Rethinking G7 Globalization Policies -- 9. Rethinking Development Policy -- PART V: Looking Ahead -- 10. Future Globalization -- Notes -- Acknowledgments -- Index |
title_new |
The Great Convergence : |
title_sort |
the great convergence : information technology and the new globalization / |
publisher |
Harvard University Press, |
publishDate |
2018 |
physical |
1 online resource (330 p.) : 2 halftones, 29 line illustrations, 41 graphs, 9 tables |
contents |
Frontmatter -- Contents -- Introduction -- PART I: The Long History of Globalization in Short -- 1. Humanizing the Globe and the First Bundling -- 2. Steam and Globalization’s First Unbundling -- 3. ICT and Globalization’s Second Unbundling -- PART II: Extending the Globalization Narrative -- 4. A Three- Cascading- Constraints View of Globalization -- 5. What’s Really New? -- PART III: Understanding Globalization’s Changes -- 6. Quintessential Globalization Economics -- 7. Accounting for Globalization’s Changed Impact -- PART IV: Why It Matters -- 8. Rethinking G7 Globalization Policies -- 9. Rethinking Development Policy -- PART V: Looking Ahead -- 10. Future Globalization -- Notes -- Acknowledgments -- Index |
isbn |
9780674972667 9783110543315 |
callnumber-first |
H - Social Science |
callnumber-subject |
HF - Commerce |
callnumber-label |
HF1365 |
callnumber-sort |
HF 41365 B35 42016 |
url |
https://doi.org/10.4159/9780674972667 https://www.degruyter.com/isbn/9780674972667 https://www.degruyter.com/cover/covers/9780674972667.jpg |
illustrated |
Not Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
337 - International economics |
dewey-full |
337 |
dewey-sort |
3337 |
dewey-raw |
337 |
dewey-search |
337 |
doi_str_mv |
10.4159/9780674972667 |
oclc_num |
984687735 |
work_keys_str_mv |
AT baldwinrichard thegreatconvergenceinformationtechnologyandthenewglobalization AT baldwinrichard greatconvergenceinformationtechnologyandthenewglobalization |
status_str |
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ids_txt_mv |
(DE-B1597)479795 (OCoLC)984687735 |
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cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter Harvard University Press Complete eBook-Package 2017 |
is_hierarchy_title |
The Great Convergence : Information Technology and the New Globalization / |
container_title |
Title is part of eBook package: De Gruyter Harvard University Press Complete eBook-Package 2017 |
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1806143255414308864 |
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