'Contribution of Information and Communication Technologies to Growth' is part of the World Bank Working Paper series. These papers are published to communicate the results of the Bank's ongoing research and to stimulate public discussion. The worldwide development of information and communication technology (ICT) has accelerated dramatically over the past decade. Technological advances and increased competition have led to falling prices for ICT goods and services, which has provided a strong incentive to replace other forms of capital and labor with information technology equipment. Increased ICT production and use has the potential to create job opportunities, transfer skills, and increase efficiency and transparency in politics and business, and therefore, contribute to economic growth. This paper focuses on the linkage between ICT and output growth. It summarizes findings in the literature on the contribution of information and communication technology to economic growth arising from capital deepening and increases in total factor productivity. The paper contains: - The methodologies used to evaluate the different ways ICT influences productivity growth; - A critical assessment of the magnitude of ICT's contribution to growth in various countries; - A summary of the key factors that increase and obstruct ICT expansion; and - An outline of the challenges developing countries face in maximizing ICT's contribution to growth and policy recommendations aimed at surmounting these challenges.
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First Sentence:
The worldwide development of information and communication technology (ICT) has accelerated dramatically over the past decade, spurred by an increasingly global economy. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
capital deepening Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Other Asia, Hong Kong, South Asia, Van Ark New!
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Front Cover | Table of Contents | First Pages | Back Cover | Surprise Me!
The worldwide development of information and communication technology (ICT) has accelerated dramatically over the past decade, spurred by an increasingly global economy. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
capital deepening Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Other Asia, Hong Kong, South Asia, Van Ark New!
Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Back Cover | Surprise Me!
Citations (learn more)
This book cites 4
books:
3
books
cite this book:
- Information Technology: the Basics Pb (City and Guilds/Macmillan) by Barbara Wilson in Back Matter
- Economic Development (The Political Economy of the Middle East Series) (v. 1) by Tim Niblock in Back Matter
- Information and Communication by Cheryl Price on page 13
- European Union (Aspects of Britain) by Central Office of Information in Back Matter
- Financing Information and Communication Infrastructure Needs in the Developing World: Public and Private Roles (World Bank Working Papers) in Back Matter
- E-Development: From Excitement to Effectiveness by Robert Schware on page 158
- The Polish Miracle: Lessons for the Emerging Markets (Transition and Development) by Grzegorz W. Koodko in Back Matter
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