Accelerating the Globalization of America: The Role for Information Technology

Jacob Kirkegaard’s book with Catherine L. Mann, Accelerating the Globalization of America: The Role for Information Technology, is launched at a luncheon meeting at the Peterson Institute. The study analyzes how globalization of the information technology (IT) sector, particularly now via its software and services components, enhances the diffusion of IT throughout the US economy, leading to strong contributions to US productivity and output growth. It addresses the outsourcing/offshoring issue in this broader context and the implications of technology-induced accelerated globalization for US policy, with respect to both technology and innovation itself as well as for workers at all skill levels and sectors. Professor Dale Jorgenson of Harvard writes that, “The concluding section is a model of the balanced and astute judgments on international policy issues for which the Institute for International Economics is justly famous.”