"Its an E-World, After
The Role of Technology in the Global Economy
The revolution in Information and Communication
Technology (ICT) has had an unprecedented impact on the global
economy. Technology has provided the means for government,
business, and individuals to harness the vast opportunities
presented by, and to participate more meaningfully in, globalization.
"Rapid growth in the Internet, thriving e-commerce and
many other changes" present new and exciting ways for
developed and developing economies to achieve increased growth,
conduct trade, and realize a higher standard of living (Source:
Joint Statement of 12th APEC Ministerial Meeting). The revolution
in ICT presents a "new style of economy with new forms
of markets, higher levels of productivity and new demands
for knowledge, entrepreneurship and innovation".
Leaders Declaration Brunei Darussalam).
|Ross Shimmon of United
Nations Educational, Scientific and Cultural Organization (UNESCO)
affirms "that advancing Information and Communications
Technologies (ICT) are revolutionizing our lives, our ways of
working, our interaction with government and other authorities
and our leisure." Leading organizations such as APEC have
taken on the increasingly important and expanding role of acting
as a "catalyst for the necessary policy frameworks that
would enable" economies to maximize the potential benefits
of these new opportunities
Understanding the role of technology and being able to employ
its applications is critical in keeping up with and succeeding
in the New Global Economy. Explore this section to learn more
about the many issues surrounding the utilization of ICT and
how it affects business, government, and you.