The Great Convergence

The Great Convergence PDF Author: Richard Baldwin
Publisher: Harvard University Press
ISBN: 067466048X
Category : Business & Economics
Languages : en
Pages : 340

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Book 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

The Great Convergence

The Great Convergence PDF Author: Richard Baldwin
Publisher: Harvard University Press
ISBN: 067466048X
Category : Business & Economics
Languages : en
Pages : 340

Get Book Here

Book 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

The Great Convergence

The Great Convergence PDF Author: Kishore Mahbubani
Publisher: Public Affairs
ISBN: 1610390334
Category : Business & Economics
Languages : en
Pages : 330

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Book Description
An influential policy thinker and "muse of the Asian Century" ("Foreign Policy") illuminates the contours of our new global civilization, and shows why power must shift to reflect the new reality.

Great Divergence and Great Convergence

Great Divergence and Great Convergence PDF Author: Leonid Grinin
Publisher: Springer
ISBN: 331917780X
Category : Business & Economics
Languages : en
Pages : 261

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Book Description
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 Next Convergence

The Next Convergence PDF Author: Michael Spence
Publisher: Macmillan + ORM
ISBN: 1429968710
Category : Business & Economics
Languages : en
Pages : 316

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Book Description
A Washington Post Notable Nonfiction Book for 2011 With the British Industrial Revolution, part of the world's population started to experience extraordinary economic growth—leading to enormous gaps in wealth and living standards between the industrialized West and the rest of the world. This pattern of divergence reversed after World War II, and now we are midway through a century of high and accelerating growth in the developing world and a new convergence with the advanced countries—a trend that is set to reshape the world. Michael Spence, winner of the Nobel Prize in Economic Sciences, explains what happened to cause this dramatic shift in the prospects of the five billion people who live in developing countries. The growth rates are extraordinary, and continuing them presents unprecedented challenges in governance, international coordination, and ecological sustainability. The implications for those living in the advanced countries are great but little understood. Spence clearly and boldly describes what's at stake for all of us as he looks ahead to how the global economy will develop over the next fifty years. The Next Convergence is certain to spark a heated debate how best to move forward in the post-crisis period and reset the balance between national and international economic interests, and short-term fixes and long-term sustainability.

The Great Convergence

The Great Convergence PDF Author: Joseph R. Lallo
Publisher: Joseph R. Lallo
ISBN: 1458095290
Category : Fiction
Languages : en
Pages : 432

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Book Description
The second in the Book of Deacon series, The Great Convergence continues the tale of young Myranda Celeste. With fresh knowledge of magic and steadfast resolve to see the end of the war that plagues her land, Myranda sets out to find and unite the five fated heroes, the Chosen. Each new warrior brings her world a step closer to peace, but does she have the strength to survive the trials ahead?

The Globotics Upheaval

The Globotics Upheaval PDF Author: Richard Baldwin
Publisher: Oxford University Press
ISBN: 0190901780
Category : Business & Economics
Languages : en
Pages : 305

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Book Description
At the root of inequality, unemployment, and populism are radical changes in the world economy. Digital technology is allowing talented foreigners to telecommute into our workplaces and compete for service and professional jobs. Instant machine translation is melting language barriers, so the ranks of these "tele-migrants" will soon include almost every educated person in the world. Computing power is dissolving humans' monopoly on thinking, enabling AI-trained computers to compete for many of the same white-collar jobs. The combination of globalization and robotics is creating the globotics upheaval, and it threatens the very foundations of the liberal welfare-state. Richard Baldwin, one of the world's leading globalization experts, argues that the inhuman speed of this transformation threatens to overwhelm our capacity to adapt. From computers in the office to automatic ordering systems in restaurants, we are familiar with the how digital technologies offer convenience while also eliminating jobs. Globotics will disrupt the lives of millions of white-collar workers much faster than automation, industrialization, and globalization disrupted the lives of factory workers in previous centuries. The result will be a backlash. Professional, white-collar, and service workers will agitate for a slowing of the unprecedented pace of disruption, as factory workers have done in years past. Baldwin argues that the globotics upheaval will be countered in the short run by "shelter-ism" - government policies that shelter some service jobs from tele-migrants and thinking computers. In the long run, people will work in more human jobs-activities that require real people to use the uniquely human ability of independent thought-and this will strengthen bonds in local communities. Offering effective strategies such as focusing on the social value of work, The Globotics Upheaval will help people prepare for the oncoming wave of an advanced robotic workforce.

The Book of Deacon

The Book of Deacon PDF Author: Joseph R. Lallo
Publisher: Joseph R. Lallo
ISBN: 1452402604
Category : Fiction
Languages : en
Pages : 504

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Book Description
The Book of Deacon is the first book of The Book of Deacon series by Joseph R. Lallo. Myranda Celeste’s world has been built on a legacy of bloodshed. For more than a century, her homeland the Northern Alliance has fought the Kingdom of Tressor in what has come to be known as the Perpetual War. While her people look upon the conflict with reverence, Myranda’s hate for the war has made her an outcast. When she finds a precious sword among the equipment of a fallen warrior, she believes her luck may have changed. Little does she imagine that the treasure will draw her into an adventure of wizards and warriors, soldiers and rebels, and beasts both noble and monstrous. The journey will teach her much about her potential, about the origins of the war, and about the threat her world truly faces. Will Myranda unlock the secret of bringing peace once and for all, or will the world be lost to the Perpetual War?

Globalization in Historical Perspective

Globalization in Historical Perspective PDF Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226065995
Category : Business & Economics
Languages : en
Pages : 600

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Book Description
As awareness of the process of globalization grows and the study of its effects becomes increasingly important to governments and businesses (as well as to a sizable opposition), the need for historical understanding also increases. Despite the importance of the topic, few attempts have been made to present a long-term economic analysis of the phenomenon, one that frames the issue by examining its place in the long history of international integration. This volume collects eleven papers doing exactly that and more. The first group of essays explores how the process of globalization can be measured in terms of the long-term integration of different markets-from the markets for goods and commodities to those for labor and capital, and from the sixteenth century to the present. The second set of contributions places this knowledge in a wider context, examining some of the trends and questions that have emerged as markets converge and diverge: the roles of technology and geography are both considered, along with the controversial issues of globalization's effects on inequality and social justice and the roles of political institutions in responding to them. The final group of essays addresses the international financial systems that play such a large part in guiding the process of globalization, considering the influence of exchange rate regimes, financial development, financial crises, and the architecture of the international financial system itself. This volume reveals a much larger picture of the process of globalization, one that stretches from the establishment of a global economic system during the nineteenth century through the disruptions of two world wars and the Great Depression into the present day. The keen analysis, insight, and wisdom in this volume will have something to offer a wide range of readers interested in this important issue.

Mixed Fortunes

Mixed Fortunes PDF Author: Vladimir Popov
Publisher: OUP Oxford
ISBN: 0191008656
Category : Business & Economics
Languages : en
Pages : 206

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Book Description
The rise of the West is often attributed the presence of certain features in Western countries from the 16th century that were absent in more traditional societies: the abolition of serfdom and Protestant ethics, the protection of property rights, and free universities. The problem with this reasoning is that, before the 16th century, there were many countries with social structures that possessed these same features that didn't experience rapid productivity growth. This book offers a new interpretation of the 'Great Divergence' and 'Great Convergence' stories. It explores how Western countries grew rich and why parts of the developing world (South and East Asia and the Middle East) did not catch up with the West from 1500 to 1950 but began to narrow the gap after 1950. It also examines why others (Latin America, South Africa, and Russia) were more successful at catching up from 1500 to 1950, but then experienced a slowdown in economic growth compared to other developing countries. Mixed Fortunes offers a novel interpretation of the rise of the West and of the subsequent development of 'the rest' and China and Russia, important examples of two groups of developing countries, are examined in greater detail.

Ricky Tims Convergence Quilts

Ricky Tims Convergence Quilts PDF Author: Ricky Tims
Publisher: C&T Publishing Inc
ISBN: 1607053470
Category : Crafts & Hobbies
Languages : en
Pages : 84

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Book Description
Become a fabulous quilt artist - the fun, easy way! Popular quilting expert Ricky Tims presents an imaginative, new piecing technique that quilters will adore! Convergence quilts feature two or more fabrics cut into strips, sewn together, then cut and pieced again. Nothing could be simpler - or more magical! Ricky offers lots of creative guidelines but no hard-and-fast rules, so every Convergence quilt is a unique work of art. • 4 projects walk you through the steps of making Convergence quilts • Quilts look complex but are fun, easy, and, best of all, creative to make • Use any fabric from commercial prints to hand-dyed • Add decorative touches such as appliqué to dress up your projects • An infinite number of looks from one ingenious technique