By Jeffrey James
This important booklet provides an unique exam of the theoretical and empirical interactions among globalization, know-how and poverty. Jeffrey James reviews the impact of knowledge expertise on styles of globalization and explores how such styles might be altered to minimize the transforming into worldwide divide among wealthy and terrible countries.
The writer first illustrates how the impression of knowledge know-how on globalization could be conceptualized by way of transactions bills, product proliferation and mechanisms of cumulative causation. He unearths that globalization has a tendency to learn a comparatively small staff of wealthy members, organizations and nations. accordingly he indicates coverage measures during which details know-how can be utilized to minimize, instead of exacerbate, the electronic divide. He is going directly to argue that no matter if the proposed measures are quite winning, enormous awareness will nonetheless have to be paid to traditional applied sciences and, particularly, to the merchandising of applied sciences that would profit the poorest teams within the constructing international locations. ultimately, the writer seems intimately at know-how coverage in sub-Saharan Africa, a area which has profited least from the advantages supplied by means of new applied sciences corresponding to e mail and the net.
Technology, Globalization and Poverty should be crucial studying for lecturers drawn to technological swap, fiscal improvement, and the connection among the 2. Policymakers in either constructed and constructing international locations also will draw nice worth from this work.
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Extra info for Technology, Globalization and Poverty
Archibugi and J. Michie (eds), Technology, Globalisation and Economic Performance, Cambridge University Press. Castells, M. and L. Tyson (1988), ‘High-Technology Choices Ahead: Restructuring Interdependence’, in J. Sewell et al. (eds), Growth, Exports and Jobs in a Changing World Economy, New Brunswick: Transaction Books. Chesnais, F. (1995), ‘Some Relationships Between Foreign Direct Investment, Technology, Trade and Competitiveness’, in J. ), Technical Change and the World Economy, Aldershot: Edward Elgar.
Such a possibility is perhaps most alarming in relation to the textiles and clothing industries, which, over the years have steadily been moving from developed to developing countries in the manner predicted by product cycle theory. The available evidence suggests, however, that the actual effect of information technology on the latter group of countries will not be at all uniform in these particular industries. For example, it seems that certain developing countries near to major developed country markets will tend to gain at the expense of countries far from those markets, while standardized items of clothing will continue to be sourced as before according to lowest labour costs for all operations.
For example, it seems that certain developing countries near to major developed country markets will tend to gain at the expense of countries far from those markets, while standardized items of clothing will continue to be sourced as before according to lowest labour costs for all operations. Even as a theory of how given new products pass through different phases, moreover, product cycle theory neglects the various mechanisms through which information technology confers a comparative advantage on certain developing countries at the initial stage of the cycle, instead of (or in addition to) only the final ‘mature’ stage.