IES Management College And Research Centre

The great convergence: information technology and the new globalization (Record no. 50943)

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020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 978-0-674-74-66048-9
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 337/Bal
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Baldwin, Richard
9 (RLIN) 21254
245 ## - TITLE STATEMENT
Title The great convergence: information technology and the new globalization
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Cambridge
Name of publisher, distributor, etc The Belknap Press of Harvard University Press
Date of publication, distribution, etc 2016
300 ## - PHYSICAL DESCRIPTION
Extent 329
Other physical details Hardbound
505 ## - FORMATTED CONTENTS NOTE
Formatted contents note Introduction
I. The Long History of Globalization in Short
1. Humanizing the Globe and the First Bundling
2. Steam and Globalization’s First Unbundling
3. ICT and Globalization’s Second Unbundling
II. Extending the Globalization Narrative
4. A Three-Cascading-Constraints View of Globalization
5. What’s Really New?
III. Understanding Globalization’s Changes
6. Quintessential Globalization Economics
7. Accounting for Globalization’s Changed Impact
IV. Why It Matters
8. Rethinking G7 Globalization Policies
9. Rethinking Development Policy
V. Looking Ahead
10. Future Globalization
Notes
Acknowledgments
Index
520 ## - SUMMARY, ETC.
Summary, etc 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 supercycle 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.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Globalization - Economic aspects,
9 (RLIN) 33273
Topical term or geographic name as entry element Economic geography,
9 (RLIN) 33274
Topical term or geographic name as entry element International trade
9 (RLIN) 33275
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme
Item type Book
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Shelving location Date acquired Source of acquisition Cost, normal purchase price Full call number Barcode Date last seen Cost, replacement price Price effective from Koha item type
          Main Library Main Library ON SHELF 2019-02-09 Granth - Bill No. 590/Dt. 18-01-2019 639.20 337/ Bal/ 36471 11136471 2019-06-01 799.00 2019-02-09 Book

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