Download or read book Globalization, Information Technology and Development written by J. James and published by Palgrave Macmillan. This book was released on 1999-02-24 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jeffrey James develops the insights of the often separate literatures on globalization and information technology and demonstrates their interdependence. The central insight is that globalization is mainly a technological phenomenon, driven by influences exerted on international trade and foreign investment by various forms of information technology. Developing countries, however, are not sharing equally in the gains from globalization thus induced by the new technologies. These gains tend to be concentrated among a narrow group of relatively advanced countries and, moreover within some of those countries information technology appears to exacerbate existing income inequalities.