The Great Convergence: Information Technology and the New Globalization

by RichardBaldwin (Author)

• Used

  Illustrated
  2016

  $4.22

  From 1820 to 1990 the share of world income going to today's wealthy nations soared from 20% to 70%. That share has recently plummeted. Richard Baldwin shows how the combination of high tech with low wages propelled industrialization in developing nations, deindustrialization in developed nations, and a commodity supercycle that is petering out.