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"We’re told that we live in a flat world in which technology makes geography less important to where jobs are located. And yet, the productivity gap between rich and poor countries has grown dramatically over the past two centuries and continues to expand. It is called the Great Divergence"
American Economic Association produced a video "The Great Divergence" explains how technology diffusion contributes to the growing productivity gap between rich and poor countries. The video is based on the study "If Technology Has Arrived Everywhere, Why Has Income Diverged?" by Diego Comin (Dartmouth Economic Professor) and Marti Mestieri in the July issue of American Economic Journal: Macroeconomics.
Diego Comin is a Professor of Economics at Dartmouth College. He is also Research Fellow at the Center for Economic Policy Research and Faculty Research Fellow in the National Bureau of Economic Research's Economic Fluctuations and Growth Program. Comin is a fellow for the Institute of New Economic Thinking (INET). Click here for more of his research.