Levinson, Marc
Small World
- ISBN 13:
- 9780691191768
- author:
- Levinson, Marc
- format:
- Hardback
- publisher:
- Princeton University Press
- language:
- English
- Publication Year:
- 2020
- Pages:
- 288
- Dimensions:
- 235mm / 156mm
- Genre:
- Economics Textbook
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
Globalization has profoundly shaped the world we live in, yet its rise was neither inevitable nor planned. In "Outside the Box", Marc Levinson offers a fresh and lively history of globalization, showing how it has evolved over two centuries in response to changes in demographics, technology, and consumer tastes. The story of globalization is one of people who eliminated barriers and pursued new ways of doing business. The creation of long-distance value chains in the 1980s dramatically shifted manufacturing to Asia, destroying millions of jobs and devastating industrial centers in North America, Europe, and Japan. Levinson explains how improvements in transportation, communications, and computing made international value chains possible, but also how globalization was taken too far due to large government subsidies and misjudged risk. As companies began to account for the risks of globalization, cross-border investment fell sharply and foreign trade lagged. Today, globalization is entering a new era where moving stuff will matter less than moving services, information, and ideas.
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