On 28 November, the Graduate Institute of International and Development Studies and the Centre for Trade and Economic Integration will host an event dedicated to the launch of Richard Baldwin's new book 'The Great Convergence: Information Technology and the New Globalization'. The event will he held between 18.15 and 19.45 CET, at Maison de la paix, in Geneva, Switzerland.
The book explores the concept of 'great convergence', generated by the new information technology-driven globalisation. The new possibility of combining high tech with low wages propelled the rapid industrialisation of a handful of developing nations, the simultaneous deindustrialisation of developed nations, and a commodity supercycle that is only now petering out.
Because globalisation is now driven by fast-paced technological change and the fragmentation of production, its impact is more sudden, more selective, more unpredictable, and more uncontrollable. The book shows that the new globalisation presents rich and developing nations alike with unprecedented policy challenges in their efforts to maintain reliable growth and social cohesion.
For more information, visit the event webpage.