The view that the Internet and the information and communication technology (ICT) revolution would deliver a frictionless economy without recessions is, at least for the time being, dead. This book takes stock of the ICT revolution, going well below the surface to ask and answer a few key questions: did the ICT revolution contribute to the divergence in the growth record? And if this is the case, how and why were some countries better equipped to exploit the potential of ICT? The naive approach to the Internet views e-commerce as a means to achieve a perfect world of competition. By making information cheap and readily available, it should allow the affluent consumer to raise competitive pressure on firms, help the firms themselves to put competitive pressure on their own suppliers and so on. For the poor countries, the story goes, the Internet should lower the barriers to entry to rich countries' markets and foster their inclusion in world markets. However, the theory of economic geography does not support the idea that geography becomes irrelevant as the cost of distance is reduced.
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The view that the Internet and the information and communication technology revolution would deliver a frictionless economy without recessions is, at least for the time being, dead. This book takes stock of the ICT revolution, going well below the surface to ask and answer a few key questions.
Les mer
PART I: THE SPREAD OF ICT AND PRODUCTIVITY GROWTH: IS EUROPE REALLY LAGGING BEHIND IN THE NEW ECONOMY?; PART II: INTERNET: THE ELUSIVE QUEST FOR A FRICTIONLESS ECONOMY; CONCLUSION
An in-depth investigation into a topical and critical issue that affects the economy at the highest levels as much as it does people's everyday lives.
Incorporates the best of empirical study, historical perspective, and economic theory.
Thorough analysis by world-leading experts at major institutions.
Les mer
Daniel Cohen is a Research fellow and former co-director of the International macroeconomy programme at the CEPR, and Research fellow at CEPREMAP, Paris. He has been a Consultant at the World Bank (1984-1994) and the IMF (2001 and 2002), and was a Visiting fellow at Harvard University in 1981-82 and 1983-84. Pietro Garibaldi is the Head of Labour Studies at the Fondazione Rdolfo Debenedetti, Research fellow in the Labour Economics programme at the CEPR, Research
Fellow at the IZA in Bonn, Research fellow at Igier, Milan, and Consultant on Labour Issues for the Italian Ministry of the Economy and Finance. He has been a Consultant at the World Bank (1999; 2002)
and the IMF (2000; 2001), and was an Economist at the IMF from 1996 to 1999. Stefano Scarpetta is the Labor Market Adviser at the World Bank, responsible for leading research, policy, and operational support activities in a variety of areas including the setting of a common framework for studying labor market systems, the impact of labor and product market regulations on economic performance and the effectiveness of labor market policies. Prior to joining the World Bank, he was in charge of the
OECD Growth project, and prior to this of the OECD Jobs Strategy project.
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An in-depth investigation into a topical and critical issue that affects the economy at the highest levels as much as it does people's everyday lives.
Incorporates the best of empirical study, historical perspective, and economic theory.
Thorough analysis by world-leading experts at major institutions.
Les mer
Produktdetaljer
ISBN
9780199270118
Publisert
2004
Utgiver
Vendor
Oxford University Press
Vekt
421 gr
Høyde
233 mm
Bredde
156 mm
Dybde
16 mm
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
290