...Proposed Topic/Title of Research: A COMPREHENSIVE STUDY: Link between ICT growth and economic growth in the Greater China Region Background: As to these days, perhaps the most important enabling technology worldwide: Information and Communication Technologies (ICT). China is not the only fast-growing economy that is making waves around the world. ICT in China’s current economic growth rate is approximately 9 percent annually, which is impressive economically. Its contribution to global GDP growth since 2000 has been almost twice as large as that of the next three biggest emerging economies (India, Brazil and Russia) combined. Some even refer to China as the mother of emerging markets and transition economies. China joined the World Trade Organization towards the end of 2001. It has also been experiencing a long period of steady economic growth and was chosen to host the 2008 Olympic Games. Although there is still a huge gap between China and developed countries in the development of the ICT industry, the astonishing pace of its progress shows promise for the country’s New Economy. There are empirical evidences in recent years on China’s ICT industry development and diffusion. Indeed, The ICT industry is becoming the most dynamic sector in China’s economy. However, a clear digital divide among the nation’s economic regions is foreseen. Information and communication technologies (ICT) are therefore playing an increasingly central role in today's China. In just a...
Words: 1071 - Pages: 5
... University of Ilorin Most developing nations have embarked on various reforms that foster the use of ICTs in their economies. These reforms tend to yield little or minimal benefits to economic growth and development, especially when compared with the developed countries of the world. Technological advancement is known to impact fast rate of economic development. In Nigeria, policy on adoption of Information and Communication Technologies was initiated in 1999, when the civilian regime came into power of government. The operations of the licensed telecommunication service providers in the country has created some well-felt macroeconomic effects in terms of job creation, faster delivery services, reduced transport costs, greater security and higher national output. This study intends to investigate the emerging roles of ICTs on Nigerian economy, and to evaluate the factors that influence the decisions of investors in the Nigerian telecommunications sector. Ordinary Least Square Method of Regression for the period 1999 – 2004, shall be employed. This period is considered appropriate in that, it was the time that policy on ICTs was adopted. The paucity of data prior to this time also poses restriction on meaningful econometric analysis. Significant and positive relationship between ICTs and economic growth is expected as it is portrayed in some economic literature. While telecommunication service providers receive commensurate profit on their investment efforts...
Words: 4178 - Pages: 17
...ICTs As Enablers of Development: A Microsoft White Paper December 2004 Executive Summary Information and communications technologies (ICTs) are transforming societies and fueling the growth of the global economy. Yet despite the broad potential of ICTs, their benefits have not been spread evenly. Indeed, using ICTs effectively to foster social inclusion and economic growth is among the key challenges facing policymakers today. As one of the world’s leading ICT firms, Microsoft brings a unique perspective to this issue, one informed by years of collaboration with the international development community. Microsoft firmly believes that ICTs hold tremendous promise as an enabler of social and economic development. ICTs can help underserved populations obtain, manage and disseminate knowledge and to tap into global networks of information and services. And rapid innovations in technology – the fruits of intensive R&D efforts by Microsoft and others – are making ICTs less expensive and easier to use, bringing the power of ICTs within the reach of ever more people. ICTs promote development across many dimensions. At their most fundamental level, ICTs enable organizations to be more productive, thereby spurring economic growth and helping firms be more competitive. ICTs can also expand the reach and effectiveness of social development projects and have already yielded important benefits in such areas as healthcare, education, and environmental preservation. Public-sector...
Words: 12975 - Pages: 52
...The Internet has shaped the world’s economic and social standing. Internet access, whether is it through a wireless access point, a mobile network, or a grounded broadband connection gives individuals the ability to connect to an online experience that is growing day after day. Users have never been as connected as they are now through this global community. The Internet has given vendors a way to sell products through the means of e-commerce domains, a way for users to stay connected with things like social media and an influx of the many other benefits it has to offer. The benefits alone display the impact the Internet has had on those that have been fortunate enough to be apart of the online community. Even though the Internet has had a profound impact by improving the lives of billions of individuals and being the driving force in business growth and economic development of many countries, the Internets vacancy in many parts of the world has serious consequences for the billions of individuals that are not connected, not to mention the world community as a whole. According to a report by McKinsey & Co. (2014), there are 4.4 billion people that are offline worldwide and 3.4 of those individuals offline live in just 20 countries. These billions of people that cannot access the Internet as easily as those more fortunate suffer from achieving a greater economic standing, education, social mobility, or other benefits that help improve overall life. This is not just a problem...
Words: 1832 - Pages: 8
...2013 Shared Services Centers Investment Potential of Macedonia, Serbia and Albania Apostoloski Nenad EMBA 2013 3/28/2013 Contents EXECUTIVE SUMMARY .................................................................................................................................. 3 INTRODUCTION ............................................................................................................................................. 4 METHODOLOGY ............................................................................................................................................ 5 CURRENT LEVEL OF DEVELOPMENT ............................................................................................................. 6 MACEDONIA .............................................................................................................................................. 7 SERBIA ....................................................................................................................................................... 7 ALBANIA .................................................................................................................................................... 8 MARKET POTENTIAL ................................................................................................................................... 10 . FACTORS OF COMPETITIVENESS ........................................................................................
Words: 6722 - Pages: 27
...|Doctor of Philosophy in Economics Guelph, Ontario, Canada © Xiaofeng Li, December, 2011 ABSTRACT ESSAYS ON PRODUCTIVITY ANALYSIS IN THE CANADIAN TOURISM AND HOSPITALITY INDUSTRIES Xiaofeng Li University of Guelph, 2011 Advisor: Professor David M Prescott This thesis is to investigate the relationship between the productivity in the Canadian tourism and hospitality industries and workforce characteristics, human resources management practice, technology change. The productivity analysis is conducted with different measures of productivity, such as labour productivity and total factor productivity. The first chapter is to calculate labour productivity using the Canadian National Tourism Indicator (NTI) and the Canadian Human Resource Module of Tourism Satellite Account (HRM) for six tourism industries during the period 1997-2008 and to estimate an econometric model of labour productivity. Labour productivity is found to increase with the capital labour ratio, the proportion of part-time hours, the share of immigrant workers and by the proportion of the most experienced workers. The second chapter decomposes the total factor productivity growth for the Canadian tourism/hospitality industries with dynamic factor demand models which is estimated with nonlinear Full Information Maximum Likelihood (non-linear FIML) estimator. The results show that only a few Canadian tourism/hospitality industries experienced positive total factor productivity growth and had a major gain from...
Words: 39529 - Pages: 159
... “The Irish economy was transformed over the past two decades. Per capita income rose strongly, converging towards and subsequently overtaking European average levels. However, from the early part of the last decade, imbalances began to emerge which made the economy increasingly vulnerable. A major property bubble began to unwind from 2007, and the fall-out from this was exacerbated by the major deterioration in the external environment. As a result, GDP has fallen by around 15% from its peak in Q4 2007.”(Dept of finance, Mar 2011) The nature of jobs is a concept based on a number of variables integral to that employment. The government have become aware of resources the Irish workforce and economy possess that allow it to sustain growth here. The Irish government have now decided to champion Indigenous companies...
Words: 3141 - Pages: 13
...The growing impact of ICT on globalisation There is no doubt that scientific advances and technological change have been, are and will remain in the coming years important drivers of the globalisation process. They have been conducive to the creation, distribution and exploitation (in a positive sense of the word) of knowledge in such a manner that they have served as a major source of competitive advantage, wealth creation and improvement in the quality of life. The growing impact of ICT (information and communications technologies) on globalisation can be evidenced by the fact that it has led to a rapid application of recent scientific advances in new products and processes, a high rate of innovation across various countries, as well as a shift to more knowledge-intensive industries and services, together with rising skill requirements. In this day and age there has been a growing realisation that science, technology and innovation have served as the key to improving a nation's economic performance as well as its citizens' social well-being. For this reason government - irrespective of its political ilk and orientation - must serve as a facilitator, enabling business and consumers to adapt to the demands and opportunities of the new economy. When talking of globalisation one must not only assess it as a phenomenon but stock must also be taken of its vital and important policy implications. The impact of policy changes in any one country or region can be translated via...
Words: 1001 - Pages: 5
...National ICT Strategy and Plan NICI - 2015 © No part of this document can be reproduced, stored in a retrieval system, or transmitted in any form or by any means - electronic, mechanical, photocopying, recording, or otherwise - without the permission of the Rwanda Ministry in charge of ICT in the Office of the President. List of Acronyms AGAGE AISI AMIS ARTEL BNR BPO CD CERT COMESA CNS-ATM CS CSIRT CTC FWG DCRS EAPP EASSy EDPRS e-GOV EMIS EMR EQMS ERMS FMS FY GDP GIS GNI GNP GoR G2B G2C G2G HIV HLSC HRMS ICT ICT4D IDS IPAR IPS ISP ISPA ITU IXP JICA Advanced Global Atmospheric Gases Experiment African Information Society Initiative Agriculture management Information System Africa Rural Telecommunication Banque National du Rwanda Business Processing Outsourcing Community Development Computer Emergency Response Team Common Market for Eastern and Southern Africa Communication Navigation Surveillance /Air Management Cyber Security Computer Security Incident Response Team Coordination Technical Committee Focus area Working Group Develop a Digital Court Recording System East African Power Pool Eastern Africa Submarine Cable System Economic Development & Poverty Reduction Strategy (2008-2012) e-Government Education Management Information System Electronic Medical Records Electronic Queue Management System Electronic Records Management System Financial Management Systems Fiscal Year Gross Domestic...
Words: 28160 - Pages: 113
...3 Global challenges, need for R&I and economic dimensions of Digital Technology AUTUMN 2013 Copyright © ARTEMIS Industry Association & ITEA Office Association Permission to reproduce any text from this publication for non-commercial purposes is granted, provided that the source is credited. First edition, autumn 2013 www.artemis-ia.eu & www.itea2.org ISBN: 978-90-817213-2-5 5 Preamble This updated document1 is the joint result of the industry represented in the ARTEMIS Industry Association and ITEA and expresses the common industry ambition. Its creation was initiated by the ARTEMIS ITEA Cooperation Committee (AICC). The main goal of this update of the ITEA-ARTEMIS high-level vision 2030, version 2012 is to add a quantitative description of the impact of software innovation on revenues and labour. There are also other aspects of the impact of software innovation, like eco-systems, community building and standardisation. However these are not the focus of this year’s update. Disclaimer The trends and predictions presented in this document are based on publicly available sources. We rely on these sources, without independent verification of the information presented. The nature of this document is for a large part rather a compilation of existing material, than a reinvention of insights. The statements made by Roland Berger Strategy Consultants are based on assumptions held to be accurate on the basis of the information available. However, Roland Berger Strategy...
Words: 19271 - Pages: 78
...GOVERNANCE AND QUALITY ASSURANCE Role of ICT in the governance of higher education Mrs. Shankarisankar, M.A.,MPHIL.,M.ED.,MPHIL., HDCA., DMTT ASSISTANT PROFESSOR SRM SCHOOL OF TEACHER EDUCATION AND RESEARCH SRM UNIVERSITY Abstract The increasing use of information and communication technologies (ICTs) has brought changes to teaching and learning at all levels of higher education systems (HES). Across the past twenty years the use of ICT has fundamentally changed the practices and procedures of nearly all forms of endeavour within business and governance. Traditional forms of teaching and learning are increasingly being converted to online and virtual environments. ICT increases the flexibility of delivery of education so that learners can access knowledge anytime and from anywhere. It can influence the way students are taught and how they learn as now the processes are learner driven and not by teachers. This paper is a critical analysis with reference to the changes taking place in teaching and learning process and the role that ICTs have played in this transformation. This paper highlights the various impacts of ICT on higher education and explores potential future developments. The paper argues the role of ICT in transforming teaching and learning and seeks to explore how this will impact on the way programs will be offered and delivered in the universities and colleges of that makes an easy way for good governance of higher education. Introduction Over the past...
Words: 3054 - Pages: 13
...The impact of ICT on accounting practice in Nigeria CHAPTER ONE Introduction 1.1 Background of the study In the recent past centuries, before the inception of Information and Communications Technology (ICT), the accountants of an organization were using a socially acceptable behavioural method of reporting accounting and economic reports, carried out during accounting year ends, the preparation of accounting records, book such as the profit and loss account, the balance sheet, cash book, cash flow statement, income and expenditure accounts. The application of Information and Communication Technology (ICT), on accounting practice in Nigeria has become a subject of fundamental importance and concerns to all business enterprise and indeed a prerequisite for local and international competitiveness. It is obvious that the way accountants plan and take decision on what and how to provide their service in the accounting profession has been affected immensely by Information and Communication Technology (ICT). This has continued to change the manner in which accounting practice and their corporate relationships are organized worldwide and the variety of innovative device available to improve and facilitate the speed and quality service delivery. It is obvious that the biggest impact of Information and Communication Technology (ICT) has been made on accounting; and it is the ability of companies to develop and use computerized system to...
Words: 4194 - Pages: 17
...Quiz 2 Summary Topic 7: Entrepreneurship and development By the grace of invention Author: Julia Novy-Hildesley Thesis: Invention and innovation are critical drivers of prosperity and growth in society. Inventiveness is an essential human characteristic. * Innovation Engine * Engage youth in science/engineering education programs. * Focus on early intervention, out-of-school programs, and generation perceptions of engineering as fun, collaborative and relevant to making a difference in the world. * Ashoka’s youth venture program engages teens from developed/non-developed countries and offer prizes to reward most creative idea/invention. * WGBH-Boston made a public TV show called ‘Design Squad’ that inspires teens to invent by showing real-time invention challenges tackled by teen teams. * President Obama’s Educate to Innovate program has helped increase investments by private corporations in science/engineering education * In-school programs that support Science, Technology, Engineering, and Math (STEM) are essential. * Ensuring these programs attract and retain a diverse population of young people. Fresher ideas. * Encouraging female and minority participation. * MESA (Math Engineering Science Achievement) engages girls by creating collaborative student teams that tackle multiple invention challenges over a period of several years. * Increasing initiatives to inventors...
Words: 2259 - Pages: 10
...literacy is a key factor contributing to economic development. In all countries of the world, adults constitute a larger proportion of the work force. Therefore, human resource development through adult literacy education has become a key component within the overall strategy for economic restructuring both in the developed and developing countries. The future of global economy and democratic polity in the twenty-first century is likely to depend on skilled, educated, and enlightened adult citizens. It was the World Conference on Education for All, held in Jomtien, (Thailand) in 1990 that highlighted the critical importance of addressing the learning needs of adults. In the context of globalization, basic learning skills and competencies are necessary not only for children, but also for adults, who are valuable human resources of every society. The new technological developments in information and Communication technologies (ICTs), such as satellite radio and television broadcasting, long distance telephony, computers and telecommunications have dramatically expanded our options for engaging in learning and teaching at the individual, community and societal levels. The hallmark of ICTs is their distributive power and ability to reach a large number of learners in the dispersed locations. To meet new adult literacy challenges in the present times, the use of ICTs in adult literacy education is indispensable. The question is how the ICTs can be used in making basic education...
Words: 4411 - Pages: 18
...Question Innovation is an important component of economic policy. Discuss Answer 1.0 Introduction “Today, more than ever, INNOVATION is central of survival” (Peter Drucker). Innovation has been an important component for economic growth, national economic competitiveness and economic policy for many country. It can occur in any sector of the economy, including government services such as health or education. Supporting nowadays with the rapid growth of technology industries, many policymakers in many nations have increasingly come to see technological innovations as a key driver of economic growth. This is why so many nations have made the promotion of innovation and new technologies a central part of their economic policy. Before discussing further about innovation and see why innovation play an important role for economic policies, it is important first to define innovations and its policies. Some people don’t really know what’s exactly an innovation. They are confused between invention, progress, innovation and updates. So it’s relevant to point out wrong ideas that peoples usually have over it and its creation to be able to erase it. Many people think of innovations as only technological in nature, resulting in shiny new products like Samsung’s Smartphones, Apple’s iPad, Sony’s PlayStation or in enhance machines or devices, such as lasers, autonomous robotics machines etc. Others might be thinking that innovation pertains only to research and development (R&D) activity...
Words: 1606 - Pages: 7
