Journal of Economic Literature
Book Reviews
2026-08-28
Martha Starr of American University reviews “Accelerating the Globalization of America: The Role for Information Technology” by Catherine L. Mann, Catherine L. Mann,. The EconLit Abstract of the reviewed work begins “Examines the pattern of globalization of the information technology (IT) sector and how globalization reduces the prices of these products. Discusses why an analysis of accelerating globalization starts with the more narrow focus on IT products and the IT and communications industries. Presents data and analysis on the linkages between U.S. firms and global marketplaces for IT production and demand. Traces how the globalization of the IT industry and the widespread diffusion of IT products have affected the U.S. economy. Considers international trade in IT products and examines the results of deeper globalization of IT. Discusses the implications of the synergies between trade and technological change for U.S. workers. Explores the next phase of global integration--innovation itself, including R&D, venture capital funding, and the pipeline of research professionals. Describes a policy agenda that could ensure that the benefits of technology-enhanced globalization continue and are widely shared. Mann is Senior Fellow at the Institute for International Economics. Index.”