BOOK REVIEW A refinement of the Industrial Revolution
THE GREAT CONVERGENCE: Information Technology and the New Globalisation by Richard Baldwin Harvard UP, Cambridge, MA Hardcover: 344 pages Price: AUD$64.99 Reviewed by Colin Teese Richard Baldwin’s book is more than ordinarily difficult to review. According to Baldwin, globalisation is nothing new. It began long before the Industrial Revolution – at least as far back as the Silk Roads. In fact, it is more or less synonymous with trade – and especially “free trade”. Interestingly, Baldwin characterises free trade as “legitimate smuggling”. Among other things Baldwin appears to assume that globalisation can and does, of its own volition,…