The New Economic Geography — An Introduction to the Bank ’ s 2006 Economic Symposium
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چکیده
During the past 20 years, the number of countries taking part in the global economy has soared. Some countries made this transition by reforming their economic systems. Others did so by reducing their reliance on capital controls and barriers to trade. Their transition to market economies has been facilitated by improvements in transportation technology that reduced the cost of shipping goods and services, making global transactions faster and more affordable. The information technology revolution further promoted this process by allowing significant savings in both the time and cost of communication and information processing.
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تاریخ انتشار 2007