TY - BOOK AU - Baldwin,Richard TI - Great Convergence: Information Technology and the New Globalization SN - 9780674660489 (hbk.) : U1 - 330.9 BAL 21 PY - 2016/// PB - Harvard University Press N2 - From 1820 to 1990 the share of world income going to today'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 ER -