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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.
    3. World Bank, 2000. "World Development Indicators 2000," World Bank Publications - Books, The World Bank Group, number 13828, April.
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    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, April.

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