Telecommunications Revolution and Its Effects on Economic Development

Telecommunications Revolution and Its Effects on Economic Development
Author: Gaber Mohamed Abdel Gawad
Publisher:
Total Pages: 23
Release: 2020
Genre:
ISBN:

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This paper examines econometrically the relationship between Telecommunication Revolution (TR) and economic development in three developing countries (Egypt, Saudi Arabia, and India) through period from 1990 to 2011. It measured (TR) by three variables ((Mobile Cellular Telephone Subscribers, Internet Subscribers, Fixed Telephone Connections) as independent variables and took five indicators for economic development as Dependent Variables {Gross Domestic Product (GDP) Growth Rate (GR), Rate of Inflation (consumer prices, annual %) (IR), Rate of Unemployment (% of total labor force) (UR), Growth Rate of Exports (XR), and Exchange Rate (ER)}, and used Factor analysis technique to obtain command factor: Principal Component Values (PCV) as a proxy variable for economic development, which consists of total sum of component matrix multiply by each of five variables of economic development ((GR, IR, UR, XR, and ER) in the three countries. The result of estimation shows that telecom revolution has a positive and significant effect on economic development in both Egypt and India, but the relationship is weak in Saudi Arabia, except with the effect of mobile cellular telephone subscribers having a positive effect on some economic development indicators such as Growth Rate of GDP, and Exchange Rate, and Command Factor and negative relation with unemployment and inflation rate). This in turn supports the hypotheses of the paper. Where telecom revolution leads to reduce unemployment and inflation in Saudi Arabia, but this result is not achieved in other two countries of the study.

Telecommunications

Telecommunications
Author: Karen F. Lomeland Jacobsen
Publisher:
Total Pages: 53
Release: 2003
Genre: Economic development
ISBN: 9788280620675

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The world economy has experienced an enormous growth the past 50 years. Yet the gap between the richest and the poorest countries has increased. There have been several attempts to explain the increased differences. Proponents of the endogenous growth theory claim that a technological revolution has created a new growth paradigm. Following the information technology revolution seen in the industrialised world in the 90s, information and communication technology has often been launched as a possible remedy for the slow or decelerating growth developing countries have faced. This paper seeks to explore the relationship between telecommunications development and economic growth by performing an econometrical analysis of 61 developing countries and 23 developed countries between 1990 and 1999. By estimating a simultaneous equation model where telecommunication infrastructure investments are endogenised into the aggregated economy and country specific fixed effects are included, simultaneous causality and spurious correlation are recognised. The results of the analysis indicate that there is a significant correlation between telecommunication and GDP growth. Overall, there seems to be larger growth effects from telecommunication development in developing countries than in developed countries, a result that contradicts earlier findings and the notion of network externalities. The report suggests that the indirect effects, i.e. the gain in productivity that other sectors experience as a result of development in the telecommunication sector, are more significant in developing countries, and this might explain the large growth effects found in these countries.

The Telecommunications Revolution

The Telecommunications Revolution
Author: Harvey M. Sapolsky
Publisher: Routledge
Total Pages: 293
Release: 2018-04-09
Genre: Business & Economics
ISBN: 1351115685

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Originally published in 1992 this book charts the global restructuring of telecommunications industries away from the monopoly structures of the past towards increased competition, deregulation and privatization. The book's authors are international policy-makers and scholars, who examine the regulatory environment within a theoretical and historical context. The book looks at the roots of regulatory and legislative changes by discussing individually the countries at the forefront of the revolution: the UK, France, Germany, Japan and the United States. It examines the impact of new technology for consequences of change in trade and government policies.

The Communications Revolution at Work

The Communications Revolution at Work
Author: Queen's University (Kingston, Ont.). School of Policy Studies
Publisher: Published for the School of Policy Studies, Queen's University by McGill-Queen's University Press
Total Pages: 244
Release: 1999
Genre: Language Arts & Disciplines
ISBN:

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No area of technology has developed faster or affected contemporary society more pervasively than electronic communications. Networked computers linked through the internet have enabled finance, commerce and manufacturing to function in a "virtual" environment, unconstrained by time and space. Boundaries have also been removed in voice, image, and data transmission, once normally provided through discrete media. Although the effects of these developments are large, their significance is far from clear. This collection of eleven original papers by British and Canadian experts examines a wide range of practical consequences of the current revolution in communications technology and reconsiders the actual depth of changes so far produced in the economy and society.

Telecommunications Strategy for Economic Development

Telecommunications Strategy for Economic Development
Author: William H. Read
Publisher: Praeger
Total Pages: 190
Release: 1996-05-23
Genre: Business & Economics
ISBN:

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Strategies linking the dynamic and changing world of telecommunication to local desires for economic growth are at the heart of this important book. In the age of information, grass roots political leaders have discovered telecommunications as they seek to boost local employment and community well-being. Taking the cases of Richardson, Texas, a Dallas suburb that has attracted over 50,000 high-tech jobs, city-state Singapore, which has successfully upgraded its telecommunications infrastructure to lure information-intensive companies, Atlanta, using the 1996 Olympics to advance its information-technology base, and others, the authors critically examine the successes and failures of each. Their conclusions will be invaluable to planners, politicians, and scholars who want to know whether and how advanced telecommunications infrastructure leads to accelerated economic development.

How America Got On-line

How America Got On-line
Author: Alan Stone
Publisher: CRC Press
Total Pages: 257
Release: 2015-05-20
Genre: Language Arts & Disciplines
ISBN: 1317462629

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The telecommunications industry is the fastest growing sector of the US economy. This interdisciplinary study of technopolitical economics traces the industry's evolution from the invention of the telephone to the development of hypercommunications. Primary focus is on AT&T and its rivals.

China's Information Revolution

China's Information Revolution
Author: Christine Zhen-Wei Qiang
Publisher: World Bank Publications
Total Pages: 156
Release: 2007-05-04
Genre: Business & Economics
ISBN: 0821367218

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Since 1997, China has devoted considerable resources to information and communications technology (ICT) development. China has the world's largest telecommunications market, and its information technology industry has been an engine of economic growth growing two to three times faster than GDP over the past 10 years. E-government initiatives have achieved significant results, and the private sector has increasingly used ICT for production and service processes, internal management, and online transactions. The approaching 10-year mark provides an excellent opportunity to update the policy to reflect the evolving needs of China's economy. These needs include the challenges posed by industrialization, urbanization, upgraded consumption, and social mobility. Developing a more effective ICT strategy will help China to achieve its economic and social goals. Addressing all the critical factors is complex and requires long-term commitment. This book highlights several key issues that need to be addressed decisively in the second half of this decade, through policies entailing institutional reform, to trigger broader changes. This books is the result of 10 months of strategic research by a World Bank team at the request of China's State Council Informatization Office and the Advisory Committee for State Informatization. Drawing on background papers by Chinese researchers, the study provides a variety of domestic perspectives and local case studies and combines these perspectives with international experiences on how similar issues may have been addressed in other countries.

The Innovation Age

The Innovation Age
Author: Peter K. Pitsch
Publisher:
Total Pages: 148
Release: 1996
Genre: Political Science
ISBN:

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In this book, Peter Pitsch notes that the information age technologies are unique in their capacity for undergoing and engendering dynamic and unpredictable change. Economic growth in this area depends on constant innovation and competition. Pitsch explains this situation and outlines an appropriate approach to regulation of this increasingly important sector of the economy.

Telecommunications and Economic Development

Telecommunications and Economic Development
Author: Robert J. Saunders
Publisher: Baltimore : Published for the World Bank [by] the Johns Hopkins University Press
Total Pages: 420
Release: 1983
Genre: Technology & Engineering
ISBN: 9780801828294

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Information and communication technologies for development and poverty reduction

Information and communication technologies for development and poverty reduction
Author: Maximo Torero
Publisher: Intl Food Policy Res Inst
Total Pages: 392
Release: 2006-01-01
Genre: Business & Economics
ISBN: 0801880416

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The IT revolution made some glorious promises to the world's poor: instant access to information and far-flung markets, political empowerment, greater growth, even the possibility that countries could leapfrog entire stages of development. But when none of that happened in a hurry, the hoopla gave way to concern that rather than closing the wealth gap, IT was exacerbating it. Yet for all the international debate and millions of words written about the digital divide, very little systematic empirical research or studies over time have been done to confirm claims and counterclaims and to guide policymakers on how this technology actually affects the development of low-income countries. In this volume, Maximo Torero and Joachim von Braun seek to address this omission with a collection of case studies exploring the relationship between information and communication technologies (ICTs) and development in Bangladesh, China, India, Ghana, Laos, Peru, and East Africa. Their conclusion is that yes, ICTs do have potential to serve and empower the poor by linking them to commercial and social networks, cutting transaction costs, and making the delivery of public goods like education and healthcare more efficient. But these benefits can accrue only when the supporting infrastructure is in place and when ICT policies take into account not only questions of connectivity but also of capability (how to help poor people use the new tools) and of content (what is relevant and in what form). All three c's are critical. Without coherent strategies and the right regulatory policies there is the very real likelihood that scarce resources will be misallocated and that ICT-induced growth will remain elusive. Contributors: Abdul Bayes, Arjun Bedi, Romeo Bertolini, Shyamal K. Chowdhury, Virgilio Galdo, K. Lal, Francis A.S.T. Matambalya, Maja Micevska, Dietrich Mueller-Falcke, Gi-Soon Song, Maximo Torero, Joachim von Braun, Wensheng Wang, and Susanna Wolfe, Gi-Soon Song, Maximo Torero, Joachim von Braun, Wensheng Wang, Susanna Wolf.