Accelerating the Globalization of America: The Role for Information Technology

Accelerating the Globalization of America: The Role for Information Technology

by Catherine L. Mann
     
 

Information technology (IT) was key to the superior overall macroeconomic
performance of the United States in the 1990s-high productivity,
high growth, low inflation, and low unemployment. But IT
also played a role in increasing earnings dispersion in the labor market-greatly rewarding workers with high education and skills. This
US performance did not

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Overview

Information technology (IT) was key to the superior overall macroeconomic
performance of the United States in the 1990s-high productivity,
high growth, low inflation, and low unemployment. But IT
also played a role in increasing earnings dispersion in the labor market-greatly rewarding workers with high education and skills. This
US performance did not happen in a global vacuum. Globalization
of US IT firms promoted deeper integration of IT throughout the US
economy, which in turn promoted more extensive globalization in other
sectors of the US economy and labor market. How will the increasingly
globalized IT industry affect US long-term growth, intermediate macro
performance, and disparities in the US labor market? What policies are
needed to ensure that the United States remains first in innovation, business
transformation, and education and skills, which are prerequisites
for US economic leadership in the 21st century? This book traces the
globalization of the IT industry, its diffusion into the US economy, and
the prospects and implications of more extensive technology-enabled
globalization of products and services.

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Product Details

ISBN-13:
9780881324730
Publisher:
Peterson Institute for International Economics
Publication date:
06/01/2006
Sold by:
Barnes & Noble
Format:
NOOK Book
File size:
4 MB

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