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In From Third World to World Class, Peter Marber argues that global economic integration and the emergence of new players in such regions as Latin America, Africa, Asia, and the former Soviet Union create a dynamic process of wealth generation, in which all nations benefit mutually from each other's development. Citing the most current data, Marber demonstrates that by all significant measures - from production output to life expectancy to government bond ratings - conditions in developing nations are improving, transforming them into emerging markets with tremendous growth potential, driven in large part by the diffusion of information and communications technologies.
The book posits that global economic integration fosters mutual wealth generation among nations. Peter Marber, drawing on current data, illustrates how developing nations are improving across key metrics like production output and life expectancy, evolving into emerging markets. This growth is significantly propelled by the spread of information and communications technologies, creating a dynamic process where all countries benefit from each other's progress.
The book argues that global economic integration leads to mutual wealth generation, with developing nations improving across key metrics due to technological diffusion. It presents a case for the positive transformation of these regions into emerging markets with significant growth potential. The analysis relies on current data to support its claims about interdependence and shared prosperity.
Page Count:
292
Publication Date:
1999-01-01
ISBN-10:
0738201324
ISBN-13:
9780738201320
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