The Great Convergence

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The Great Convergence

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Author : Richard Baldwin
language : en
Publisher: Belknap Press
Release Date : 2019-05

The Great Convergence written by Richard Baldwin and has been published by Belknap Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05 with Business & Economics categories.

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 super-cycle 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.--

Great Divergence And Great Convergence

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Author : Leonid Grinin
language : en
Publisher: Springer
Release Date : 2015-05-09

Great Divergence And Great Convergence written by Leonid Grinin and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-05-09 with Business & Economics categories.

This new monograph provides a stimulating new take on hotly contested topics in world modernization and the globalizing economy. It begins by situating what is called the Great Divergence--the social/technological revolution that led European nations to outpace the early dominance of Asia--in historical context over centuries. This is contrasted with an equally powerful Great Convergence, the recent economic and technological expansion taking place in Third World nations and characterized by narrowing inequity among nations. They are seen here as two phases of an inevitable global process, centuries in the making, with the potential for both positive and negative results. This sophisticated presentation examines: Why the developing world is growing more rapidly than the developed world. How this development began occurring under the Western world's radar. How former colonies of major powers grew to drive the world's economy. Why so many Western economists have been slow to recognize the Great Convergence. The increasing risk of geopolitical instability. Why the world is likely to find itself without an absolute leader after the end of the American hegemony A work of rare scope, Great Divergence and Great Convergence gives sociologists, global economists, demographers, and global historians a deeper understanding of the broader movement of social and economic history, combined with a long view of history as it is currently being made; it also offers some thrilling forecasts for global development in the forthcoming decades.

The Great Convergence

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Author : Kishore Mahbubani
language : en
Publisher: Hachette UK
Release Date : 2013-02-05

The Great Convergence written by Kishore Mahbubani and has been published by Hachette UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-02-05 with Political Science categories.

The twenty-first century has seen a rise in the global middle class that brings an unprecedented convergence of interests and perceptions, cultures and values. Kishore Mahbubani is optimistic. We are creating a new global civilization. Eighty-eight percent of the world's population outside the West is rising to Western living standards, and sharing Western aspirations. Yet Mahbubani, one of the most perceptive global commentators, also warns that a new global order needs new policies and attitudes. Policymakers all over the world must change their preconceptions and accept that we live in one world. National interests must be balanced with global interests. Power must be shared. The U.S. and Europe must cede some power. China and India, Africa and the Islamic world must be integrated. Mahbubani urges that only through these actions can we create a world that converges benignly. This timely book explains how to move forward and confront many pressing global challenges.

Collected Works

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Author : Francis Sibson
language : en
Publisher:
Release Date : 1881

Collected Works written by Francis Sibson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1881 with Medicine categories.

The Microscope And Its Revelations Etc

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Author : William Benjamin CARPENTER
language : en
Publisher:
Release Date : 1875

The Microscope And Its Revelations Etc written by William Benjamin CARPENTER and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1875 with categories.

The Hahnemannian Monthly

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Author :
language : en
Publisher:
Release Date : 1886

The Hahnemannian Monthly written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1886 with categories.

Proceedings Of The Royal Society Of London

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Author : Royal Society (Great Britain)
language : en
Publisher:
Release Date : 1871

Proceedings Of The Royal Society Of London written by Royal Society (Great Britain) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1871 with Electronic journals categories.

Obituary notices of deceased fellows were included in v. 7-64; v. 75 is made up of "obituaries of deceased fellows, chiefly for the period 1898-1904, with a general index to previous obituary notices"; the notices have been continued in subsequent volumes as follows: v. 78a, 79b, 80a-b- 86a-b, 87a 88a-b.

Richard Baldwin

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Author : Asha Sundaram
language : en
Publisher:
Release Date : 2022

Richard Baldwin written by Asha Sundaram and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.

At a time when the forces of globalization and automation face a backlash in large parts of the developed world for their role in displacing jobs and spurring inequality and as movies figuring dystopian futures with robots dominating the future gain traction, the book The Great Convergence: Information Technology and the New Globalization by author Richard Baldwin provides an insightful, clear and fascinating portrayal of the role of information technology in shaping globalization. The author draws on almost three decades of extensive research and policy experience in international trade and the organization of global value chains to analyze how information technology gave rise to the offshoring revolution or “new globalization” starting in the 1990s and how further developments in robotics and communications technology are likely to expand the intensity, nature and scope of offshoring, changing the global landscape of tomorrow. With its skilful story-telling, the book is bound to draw in not only those with prior exposure to economics and business but a wider audience keen to understand the implications of information technology and globalization for jobs, welfare and development. The author has a treat in store for every reader. History buffs will revel in his colourful imagery of trade among ancient civilizations, the emergence of the Silk Route and the dawn of European Renaissance, readers familiar with the literature in international trade will recognize his skilful treatment of trade theory and almost all readers will enjoy the plethora of facts, figures and case studies supporting his arguments. Full paper available at http://doi.org/10.1515/ngs-2018-0004.

The Microscope And Its Revelations

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Author : William Benjamin Carpenter
language : en
Publisher:
Release Date : 1875

The Microscope And Its Revelations written by William Benjamin Carpenter and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1875 with Biology categories.

The Practitioner

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Author :
language : en
Publisher:
Release Date : 1888

The Practitioner written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1888 with categories.