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New Economy and ICT Development in China

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  • Qingxuan Meng
  • Mingzhi Li

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.

Suggested Citation

  • Qingxuan Meng & Mingzhi Li, 2001. "New Economy and ICT Development in China," WIDER Working Paper Series DP2001-76, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:dp2001-76
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    File URL: https://www.wider.unu.edu/sites/default/files/dp2001-76.pdf
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    References listed on IDEAS

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    1. Derrick L. Cogburn & Catherine Nyaki Adeya, 2001. "Prospects for the Digital Economy in South Africa: Technology, Policy, People, and Strategies," WIDER Working Paper Series DP2001-77, World Institute for Development Economic Research (UNU-WIDER).
    2. Jalava, Jukka & Pohjola, Matti, 2002. "Economic growth in the New Economy: evidence from advanced economies," Information Economics and Policy, Elsevier, vol. 14(2), pages 189-210, June.
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    4. Braha, Kushtrim & Qineti, Artan & Ibraimi, Sadudin & Imeri, Amir, 2015. "Trade and Integration: A Gravity Model of Trade for Selected EU Candidate Countries," 2015 Conference, August 9-14, 2015, Milan, Italy 211371, International Association of Agricultural Economists.
    5. Peng Zhang & Canfei He & Yifei Sun, 2014. "Agglomeration economies and firm R&D efforts: an analysis of China’s electronics and telecommunications industries," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 53(3), pages 671-701, November.
    6. Christine Zhen-Wei Qiang & Alexander Pitt & Seth Ayers, 2004. "Contribution of Information and Communication Technologies to Growth," World Bank Publications - Books, The World Bank Group, number 15059, December.

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