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Publications (11)
– ICT Opportunities and Challenges
Within the last three decades, industrialization, and manufacturing in particular, has decreased in importance as the principal driver of economic growth and development in the world economy. The expansion of the service sector in industrialized societies reflects the increasing significance of the...
Policy Brief
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The rise of the new economy is undeniable. Yet its impact on the development process is still to be fully understood. Investment in ICT itself is not sufficient to ensure longterm improvements in social well-being but requires other factors that result in an enabling environment in which progress...
Working Paper
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We examine the relationship between the directly observable indicator of new technology, ICT investment ratio, and skill upgrading by analysing changes in employment and wage structure of 25 Korean industrial sectors over the 1993-99 period. The results show that there has been little relationship...
Working Paper
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This paper examines the status of ICT in the Arab world and the potential opportunities and challenges that ICT is expected to create for development in the region. The analysis shows that, despite the recent growth in the demand for ICT, it has a very limited market in the Arab region, as indicated...
Working Paper
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– Realities of the Myths of the Indian Experience
While there is an increasing realization of the potential that IT offers for human welfare, IT-induced productivity and growth are confined to the developed world. It is argued that even though the international digital divide is a reality, there are certain specific characteristics of the new...
Working Paper
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– Assessing the Role of ICT Diffusion
Using data from developing countries, this paper explores the nature and direction of the links between ICT diffusion and per capita income, trade and financial indicators, education, and freedom indicators. Internet hosts, Internet users, personal computers and mobile phones represent indicators of...
Working Paper
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– A Case of Managing Expectations?
A discussion of the theory of technology and economic growth suggests potentially negative implications for the impact of the Internet on developing countries. Technology in general is undoubtedly central to the growth process, but economists define technology in very broad terms. The impact of any...
Working Paper
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Despite the fast catching-up in ICT diffusion experienced by most EU countries in the last few years, information technologies have so far delivered little productivity gains in Europe. In the second half of the past decade, growth contributions from ICT capital rose in six EU countries only (the UK...
Working Paper
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The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use of information and communication technology seems to have had a substantial impact on the performance of the United States economy, the evidence for other countries is much weaker...
Working Paper
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– The Relevance of Institutional Infrastructure
The contribution of the ‘new economy’ to economic growth in developing countries has so far been minimal. Despite the recent hype, the ‘old economy’ will for long be the fundamental force behind economic growth in transition economies. Nonetheless, in the longer run the ‘new economy’ offers great...
Working Paper
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The effect of computer technology on Finnish economic growth in 1983-96 is examined to shed light into the famous productivity paradox. Using the neoclassical growth accounting framework, the contribution of computer hardware, software and labor to gross and net output growth is assessed at...
Displaying 11 of 11 results