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Between 1820 and 1990, the share of world income going to today's wealthy nations soared from twenty percent to almost … reflects a new age of globalization that is drastically different from the old. In the 1800s, globalization leaped forward when … globalization is driven by information technology, which has radically reduced the cost of moving ideas across borders. This has …
Persistent link: https://www.econbiz.de/10011456061
At a time when the forces of globalization and automation face a backlash in large parts of the developed world for … 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 …
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This paper compares two alternative growth paths, assessing the effects on productivity of specialisation in natural resources (NR) and in technologically advanced products. The empirical analysis exploits product-level export data for 109 developing and 51 developed economies over the period...
Persistent link: https://www.econbiz.de/10013175560
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The many and varied crises in the world economy since 2007 seem to have different origins and diverse manifestations …
Persistent link: https://www.econbiz.de/10012969887
The many and varied crises in the world economy since 2007 seem to have different origins and iverse manifestations …
Persistent link: https://www.econbiz.de/10012246386
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This paper seeks to gain insights into whether developing countries benefit more from the backwardness advantage for economic growth in the Information Age. The paper examines this concern through three complementary approaches. First, it derives theoretical grounds from the existing economic...
Persistent link: https://www.econbiz.de/10012251917