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The Great Convergence
Information Technology and the New Globalization
- Editore:
Harvard University Press
- EAN:
9780674237841
- ISBN:
0674237846
- Pagine:
- 329
- Formato:
- Paperback
- Lingua:
- Inglese
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Descrizione 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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