Information Technology and the New Globalization

Read Richard Baldwin, The Great Convergence: Information Technology and the New Globalization, chapters
2–5 (pp. 47–176) and the three articles assigned for the lecture on From
the World Trade Organization to Regional Trade Agreements and watch the documentary film,
“Commanding Heights, The Battle for the World Economy: Episode 3, New Rules of the
Game” In a total of 2–3
Question. According to Baldwin, how is New Globalization (second unbundling) different from
Old Globalization (first unbundling)? How do international trade institutions, such as the World
Trade Organization and the Trans-Pacific Partnership, work for spreading free trade? How does
rule making of international trade change under New Globalization? Be sure to offer concrete
examples and illustrations to support your arguments wherever possible, referring to the readings
and the film. In other words, you must make and support your argument with logical explanation
and empirical evidence referring to the readings.