Tag Archives: Economic geography

The great convergence: information technology and the new globalization by Richard E. Baldwin

Overview: Between 1820 and 1990, the share of world income going to today‚Äôs 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. …
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Reshaping Economic Geography. World Development Report 2009

The World Bank has just published the World Development Report 2009: Reshaping Economic Geography. It exposes that the most effective policies for promoting long-term growth are those that facilitate geographic concentration and economic integration, both within and across countries. The following key facts are discussed: -Economic activity concentrates as places prosper -Living standards converge with …
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