Next convergence. The future of economic growth in the world, living at different speeds
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The economic growth that began as a result of the industrial revolution led to the emergence of a huge gap in wealth and the standard of living between the industrialized West and the rest of the world. This discrepancy has ceased after the Second World War, and now we have been experiencing a centenary of high growth rates in the developing world and a new convergence with developed countries - a tendency that will change the appearance of the world.
Michael Spence, the Nobel Prize laureate, explains what caused such large -scale changes that affect the lives of five billion people who live in developing countries. The growth rate is amazing, and if they remain at the same level, this will become a serious challenge, international coordination and environmental stability. The consequences of this for those who live in developed countries will be the most serious, but so far they are poorly recognized. Spence clearly shows that it is at stake, and offers its view on what the development of the global economy will be in the next fifty years
Michael Spence, the Nobel Prize laureate, explains what caused such large -scale changes that affect the lives of five billion people who live in developing countries. The growth rate is amazing, and if they remain at the same level, this will become a serious challenge, international coordination and environmental stability. The consequences of this for those who live in developed countries will be the most serious, but so far they are poorly recognized. Spence clearly shows that it is at stake, and offers its view on what the development of the global economy will be in the next fifty years
Author:
Author:Спенс М.
Cover:
Cover:Hard
Category:
- Category:Business & Money
- Category:Politics & Social Science
ISBN:
ISBN:978-5-9325-5356-5
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