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Accelerating the Globalization of America: The Next Wave of Information Technology

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Here is a book that takes an unabashed look at globalisation and urges the American reader to speed it up! The author focuses on information technology as a pivotal industry. Explaining that the highly skilled aspect and ever improving productivity translates into overall better prospects for the economy.

Outsourcing can lower production costs and thus improve the price competiveness of a company. The text points out that the high value added portions of the production tend to remain in the US. A statistical study is presented of the investments in various parts of IT, and of the diffusion of IT throughout the broader economy. A key point is that the effective use of IT is the most important source of economic gain.

There is also a case study of Australia. Which does not have a significant domestic production of IT. It imports most of its IT hardware and software. Here, IT diffused through the economy and contributed to better labour productivity.

Information technology is an active part of the global economic community, outpacing investment and trade growth for other products and pushing for more globalization than others, also. Its change and transformations are analyzed in Accelerating the Globalization of America: The Role for Information Technology. Executives and students alike will appreciate the focus on how the global IT industry has changed US and oversees interests, from evolving labor requirements and issues to innovative and business structures. Chapters use plenty of statistical citations and analysis in the course of surveying IT productivity, growth, and change. A top pick for international economics and IT courses.

Diane C. Donovan
California Bookwatch