The Great Convergence

The Great Convergence

by Richard Baldwin

1 mentors recommend this 329 pages

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 ind

ISBN: 9780674660489

🎯 Who Recommends This Book 1

Satya Nadella

Satya Nadella

Business & Entrepreneurship

"In this look at how telepresence and telerobotics will increasingly let people cross international borders from the comfort of their own homes, Nadella sees analogies to Microsoft’s HoloLens headset, especially as the technology matures and its cost comes down."

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