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Business & Money

Development & Growth

The Great Convergence

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The Great Convergence

From 1820 to 1990 the share of world income going to todayâ€™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.

Country	USA
Author	Richard Baldwin
Binding	Kindle Edition
EISBN	9780674972674
Format	Kindle eBook
Label	Harvard University Press
Manufacturer	Harvard University Press
NumberOfPages	344
PublicationDate	2016-11-14
Publisher	Harvard University Press
ReleaseDate	2016-11-14
Studio	Harvard University Press

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