New Economy and ICT Development in China

Qingxuan Meng and Mingzhi Li

No DP2001-76, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The rapid development and diffusion of the information and communications technology (ICT) is the major driving force of the New Economy. While there is ample evidence to suggest that the ICT industry has contributed a great deal to the overall economic growth of the developed countries, its role in the developing countries is far from clear. The pressure of unemployment that may result from ICT's displacement effect is a major concern faced by the developing countries in their adoption of ICT.

Keywords: Equality and inequality; Industrial policy; Information technology; Labour demand (search for similar items in EconPapers)
Date: 2001
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Citations: View citations in EconPapers (6)

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