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The New Globalization Era And Digitalization Debate: An Economists Perspective

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Author Info
GODWIN C. NWAOBI (THE UNIVERSITY OF ABUJA)

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Abstract

During the post-world war 11 period, industrialization was an irresistable trend, made global by the dynamics of international markets.Today, the industrial siciety faces the risks created by its own success. Its growth has been accompanied by a voracious use of natural resources and by increasing inequalities(insecurites)between industrial countries and the rest of the world. Infact, Industrialization to date has been based on energy and it has been and continues to be based on the burning of fossil fuels and the attendant emission of carbon dioxide, which can cause climate change. Thus, a vision of a new society in which humans live in harmony with each other and with nature is very imperative. This transition is described as digitalization(or knowledge revolution) driven by knowledge and by the technologies for processing and communicating it). This therefore requires new institutions and policies to reach a sustainable outcome by 2050.

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File URL: http://129.3.20.41/eps/it/papers/0112/0112001.pdf
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Publisher Info
Paper provided by EconWPA in its series International Trade with number 0112001.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 26 pages
Date of creation: 04 Dec 2001
Date of revision:
Handle: RePEc:wpa:wuwpit:0112001

Note: Type of Document - Acrobat pdf; prepared on IBM PC ; to print on HP; pages: 26 ; figures: included. This paper looks at the implications of the emerging new economies(and their driving forces).
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Web page: http://129.3.20.41

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Related research
Keywords: globalization digitalization knowledge revolution inequalities industrialization information emmissions insecurities;

Find related papers by JEL classification:
O33 - Economic Development, Technological Change, and Growth - - Technological Change - - - Technological Change: Choices and Consequences; Diffusion Processes
F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General

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  1. Chichilnisky, Graciela, 1998. "The knowledge revolution," MPRA Paper 8891, University Library of Munich, Germany. [Downloadable!]
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