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The Great Convergence
- Information Technology and the New Globalization
- Binding:
- Paperback
- Pages:
- 344
- Published:
- May 5, 2019
- Dimensions:
- 209x141x23 mm.
- Weight:
- 318 g.
In stock
Delivery:
3-5 business days
Expected delivery: November 24, 2024
Description of The Great Convergence
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.
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