Journal
TELECOMMUNICATIONS POLICY
Volume 40, Issue 5, Pages 383-397Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.telpol.2016.01.002
Keywords
ICT; Growth; Investment; World economy; Emerging economies; Policy; Projection
Funding
- NUS LKYSPP
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The ICT revolution fueled by the exponential progress of the semiconductor technology and the accelerated pace of globalization has become an important driver of economic growth across nations. In this rapidly changing landscape, the world economy is entering into a New Economic Order, in which developing Asia led by two fast-growing giant economies, China and India, will have much larger impacts on the world economy. This paper provides empirical evidence on these phenomena and highlights policy issues that deem important for a country to seize the ICT revolution for promoting economic growth. (C) 2016 Elsevier Ltd. All rights reserved.
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