The Great Convergence by Richard Baldwin
Information Technology and the New Globalization

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...adds an important detail: like wind and water, globalisation is powerful, but can be inconstant or even destructive. Unless beloved notions catch up with reality, politicians will be pushed to make grave mistakes.
-The Economist

Synopsis

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.
 

About Richard Baldwin

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Published November 14, 2016 by Harvard University Press. 344 pages
Genres: Business & Economics, Political & Social Sciences.
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The Economist

Above average
on Nov 19 2016

...adds an important detail: like wind and water, globalisation is powerful, but can be inconstant or even destructive. Unless beloved notions catch up with reality, politicians will be pushed to make grave mistakes.

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