Accelerating the Globalization of America : The Role of Information Technology ISBN: 9780881324730 Platform/Publisher: Ebook Central / Peterson Institute Digital rights:Users: Unlimited; Printing: Limited; Download: 7 Days at a Time Subjects: Social Science; Business/ Management;
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.
Catherine L. Mann, Senior Fellow, held several posts at the Federal Reserve Board of Governors (1984-87 & 1989-97), including Assistant Director & Special Assistant to the Staff Director, International Finance Division (1994-97). She was a Senior Economist on the Staff of the President's Council of Economic Advisors (1991-92), the principal staff member for the Chief Economist of the World Bank (1988-89) & a Ford Foundation Fellow at the National Bureau of Economic Research (1987). She is an Adjunct Professor at the Owen School of Management at Vanderbilt University & has also taught at the University of Chicago, Princeton University, University of Maryland, Georgetown, Boston College & MIT. She has written numerous articles on international trade & finance, publishing in the American Economic Review, Journal of International Money & Finance, Brookings Papers on Economic Activity & International Economy, among other journals & volumes. She is the author of Is the U.S. Trade Deficit Sustainable? (1999). (Bowker Author Biography)
