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Association: Name: International Studies Association URL: http://www.isanet.org
Citation: URL: http://www.allacademic.com/meta/p70700_index.html Direct Link: HTML Code:

Lairson, Thomas. "The Political Economy of Information and Communication Technologies and Economic Development" Paper presented at the annual meeting of the International Studies Association, Hilton Hawaiian Village, Honolulu, Hawaii, Mar 05, 2005 <Not Available>. 2009-05-25 <http://www.allacademic.com/meta/p70700_index.html>

Lairson, T. D. , 2005-03-05 "The Political Economy of Information and Communication Technologies and Economic Development" Paper presented at the annual meeting of the International Studies Association, Hilton Hawaiian Village, Honolulu, Hawaii Online <.PDF>. 2009-05-25 from http://www.allacademic.com/meta/p70700_index.html

Publication Type: Conference Paper/Unpublished Manuscript Review Method: Peer Reviewed Abstract: Determining the impact of information and communication technologies (ICTs) on economic growth is part of a process of understanding the relationship of technological change and economic growth more generally. Like the several technological revolutions before it, the ICT revolution generates economic growth through increasing investment and productivity generated by large changes in relative prices and the resulting positive feedback, autocatalytic effects, and increasing returns on products, processes, and institutions throughout the economy. The ICT revolution is distinctive because of the knowledge intensity of the technology, which generates exceptionally high levels of externalities, spillovers and positive feedback on a global scale. Economic growth is a result of the ability of national and local institutions repeatedly to generate and/or capture the resources from the processes of positive feedback produced by technological change. Technology and institutions co-evolve as new resources are captured and used strategically in economic and political relationships. The most successful institutional form (to this point) for developing nations is a partnership of states and firms, able repeatedly to capture and use knowledge resources to amplify the productive and competitive capabilities of nation and firms. These ideas are demonstrated through a brief review of the processes of increasing returns in previous technological revolutions, a detailed examination of the successes of Singapore, Taiwan, Korea, and Malaysia in the electronics industries, and a discussion of new opportunities in business process outsourcing, especially in India. The conclusion is that ICTs offer significant opportunities for states ready to create institutions able to utilize the resources now flowing from global production and outsourcing networks.

Long-term Economic Growth and Development, or How to Ride the Waves of Technological Change: Vested Interests and Social Cohesion Since the Industrial Revolution

Long-term Economic Growth and Development, or How to Ride the Waves of Technological Change: Vested Interests and Social Cohesion Since the Industrial Revolution