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he role of economic geography in economic development and the impact of ICT on economic growth
Title: he role of economic geography in economic development and the impact of ICT on economic growth
Category: Business & Economy / Management
Details: Words: 2294 | Pages: 9.8 (approximately 235 words/page)
he role of economic geography in economic development and the impact of ICT on economic growth
Introduction:
There appears to be a general consensus that we have entered the information age and that we are on the verge of the information economy. Information and Communication Technologies (ICT) are rapidly consolidating global communication networks and international trade with implications for people in developing countries. So some writers argue that the geography would be meaningless for the economy development once those developing countries are armed with good communications. On the contrary, some writers …showed first 75 words of 2294 total…
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…showed last 75 words of 2294 total…of distance, it is far from rewriting the rule of economic geography. Still, ICT can change the world economy sufficiently, because some activities may become more entrenched in high-income countries than they are at present. Others will relocate, but typically only to a subset of lower income countries. These countries will benefit, but other countries will continue to experience the costs of remoteness. In a word, ICT will bring us "the death of the distance".
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