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The Great Convergence
Information Technology and the New Globalization
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The Great Convergence
$4299
Unit price
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Unavailable
Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
Book Hero Magic formatted this description to make it easier to read. While it's new and
still learning, it may not be perfect - your
feedback is welcome!
Description
An Economist Best Book of the Year
A Financial Times Best Economics Book of the Year
A Fast Company "7 Books Microsoft CEO Satya Nadella Says You Need to Lead Smarter"
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 the renowned economist Richard Baldwin reveals, this reversal of fortune reflects a new age of globalization that is drastically different from the old. The nature of globalization has changed, but our thinking about it has not.
Baldwin argues that the New Globalization is driven by knowledge crossing borders, not just goods. That is why its impact is more sudden, more individual, more unpredictable, and more uncontrollable than before, which presents developed nations with unprecedented challenges as they struggle to maintain reliable growth and social cohesion. It is the driving force behind what Baldwin calls The Great Convergence, as Asian economies catch up with the West.
"In this brilliant book, Baldwin has succeeded in saying something both new and true about globalization."
- Martin Wolf, Financial Times
"A very powerful description of the newest phase of globalization."
- Larry Summers, former U.S. Secretary of the Treasury
"An essential book for understanding how modern trade works via global supply chains. An antidote to the protectionist nonsense being peddled by some politicians today."
- The Economist
"[An] indispensable guide to understanding how globalization has got us here and where it is likely to take us next."
- Alan Beattie, Financial Times
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
The Great Convergence by Richard Baldwin is highly regarded as an essential text for understanding modern trade through global supply chains and its role in the evolution of globalization. It is celebrated for its clear exposition and comprehensive analysis, illustrating how globalization has shifted from the movement of goods to today’s focus on the exchange of knowledge and information. The book compellingly dissects the phases of globalization over millennia, providing insights into the past and speculations about future trends, making it a must-read for those wanting a deeper understanding of global economic shifts.
Book Details
INFORMATION
ISBN: 9780674237841
Publisher: Harvard University Press
Format: Paperback / softback
Date Published: 06 May 2019
Country: United States
Imprint: Harvard University Press
Illustration: 2 photos, 70 illus., 9 tables
Audience: Professional and scholarly
DIMENSIONS
Spine width: 25.0mm
Width: 140.0mm
Height: 210.0mm
Weight: 308g
Pages: 344
About the Author
Richard Baldwin is Professor of International Economics at the Graduate Institute, Geneva, and President of the Centre for Economic Policy Research (CEPR), London.
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