The great convergence
Géographie économique
Einkommensverteilung
Répartition
Economic geography
Technological innovations, economic aspects
Revenu
Income distribution
Globalisierung
Mondialisation
Innovations
Wirtschaft
International
Aspect économique
Globalization
Technological innovations
Economics
Economic aspects
BUSINESS & ECONOMICS
General
Between 1820 and 1990, the share of world income going to today's 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 …
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