The Great Convergence

Information Technology and the New Globalization

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.

mai 2019, env. 344 pages, Anglais
University Presses
978-0-674-23784-1

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