Download or read book ICT Driven Economic and Financial Development written by Ewa Lechman and published by Academic Press. This book was released on 2019-08-12 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: ICT-Driven Economic and Financial Development: Analyses of European Countries demonstrates the effects of ICT diffusion on economic, social and financial development by examining their impact on the structure and dynamics of national economies. It provides the insight into shifts observed in labour markets, international trade activities productivity factors, education and use of innovative financial products. It combines empirical analyses and data sources stretching back to 1990 make it an important contribution to understanding the effects of ICT diffusion on economic and financial development. The book answers questions such as how will national and regional economies react to upcoming ICT developments and growing usage, and what is the magnitude of impact of new information and communication technologies on various aspects of social and economic life. Demonstrates the process fo ICT spread across European countries Analyzes the value of ICTs from both economic and social perspective Examines structural changes in financial markets caused by ICTs implementation

Download or read book ICT Driven Economic and Financial Development written by Ewa Lechman and published by Academic Press. This book was released on 2019-09-04 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: ICT-Driven Economic and Financial Development: Analyses of European Countries demonstrates the effects of ICT diffusion on economic, social and financial development by examining their impact on the structure and dynamics of national economies. It provides the insight into shifts observed in labour markets, international trade activities productivity factors, education and use of innovative financial products. It combines empirical analyses and data sources stretching back to 1990 make it an important contribution to understanding the effects of ICT diffusion on economic and financial development. The book answers questions such as how will national and regional economies react to upcoming ICT developments and growing usage, and what is the magnitude of impact of new information and communication technologies on various aspects of social and economic life. - Demonstrates the process fo ICT spread across European countries - Analyzes the value of ICTs from both economic and social perspective - Examines structural changes in financial markets caused by ICTs implementation

Download or read book ICT Financial Inclusion and Growth written by Mr.Kangni Kpodar and published by International Monetary Fund. This book was released on 2011-04-01 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the impact of information and communication technologies (ICT), especially mobile phone rollout, on economic growth in a sample of African countries from 1988 to 2007. Further, we investigate whether financial inclusion is one of the channels through which mobile phone development influences economic growth. In estimating the impact of ICT on economic growth, we use a wide range of ICT indicators, including mobile and fixed telephone penetration rates and the cost of local calls. We address any endogeneity issues by using the System Generalized Method of Moment (GMM) estimator. Financial inclusion is captured by variables measuring access to financial services, such as the number of deposits or loans per head, compiled by Beck, Demirguc-Kunt, and Martinez Peria (2007) and the Consultative Group to Assist the Poor (CGAP, 2009). The results confirm that ICT, including mobile phone development, contribute significantly to economic growth in African countries. Part of the positive effect of mobile phone penetration on growth comes from greater financial inclusion. At the same time, the development of mobile phones consolidates the impact of financial inclusion on economic growth, especially in countries where mobile financial services take hold.

Download or read book Information Technology for Development Volume 13 Number 2 written by Sajda Qureshi and published by Wiley. This book was released on 2007-05-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A journal examining the impact of global IT from a publisher of quality research Information Technology for Development is a journal that specifically addresses global information technology issues and opportunities. It's dedicated to providing quality research, including social and technical research regarding information technology's effects on economic, social and human development. This journal's purpose includes serving as a forum for discussions about strategies, best practices, tools and techniques for assessing the impact of IT infrastructure, whether it's in government or the private sector. This is a single issue of the journal, Volume 13, Number 2, from 2007.

Download or read book Technology Driven Information Sharing and Conditional Financial Development in Africa written by Simplice Asongu and published by . This book was released on 2019 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information technology is increasingly facilitating mechanisms by which information asymmetry between lenders and borrowers in the financial sector can be reduced in order to enhance financial access for human and economic development in developing countries. We examine conditional financial development from ICT-driven information sharing in 53 African countries for the period 2004-2011, using contemporary and non-contemporary quantile regressions. ICT is measured with mobile phone penetration and internet penetration whereas information sharing offices are public credit registries and private credit bureaus. The following findings are established. First, there are positive effects with positive thresholds from ICT-driven information sharing on financial depth (money supply and liquid liabilities) and financial activity (at banking and financial system levels). Second, for financial intermediation efficiency, the positive effects from mobile-driven information sharing are apparent exclusively in certain levels of financial efficiency. Third, with regard to financial size, mobile-driven information sharing is positive with a negative threshold, whereas, internet-driven information sharing is positive exclusively among countries in the bottom half of financial size. Positive thresholds are defined as decreasing negative or increasing positive estimated effects from information sharing offices and vice-versa for negative thresholds. Policy implications are discussed.

Download or read book Corporate Finance and Financial Development written by Shame Mugova and published by Springer Nature. This book was released on 2022-07-08 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses key issues in corporate finance and explores them from financial development and financial stability perspectives in emerging markets. Emerging economies are susceptible to rapidly changing financial sectors and products as well as financial upheavals. In this light, the growing interdependence of states and capital markets, and the risk of crises have an impact on the financing of firms. The chapters in this book highlight how companies and policies in emerging markets are affected and deal with the current post-crisis world. By combining academic and industry insights, the critical issues in corporate finance, financial development, and the preparedness of emerging markets are explored.

Download or read book Digitalization and Economic Development written by Mohamed Sami Ben Ali and published by Taylor & Francis. This book was released on 2022-06-09 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the impact of Information and Communication Technologies (ICTs) on economic development. It contains theoretical and empirical studies, including panel studies on various issues facing developing countries, such as education, corruption, economic growth, government expenditure, financial inclusion, foreign direct investment, infrastructure, economic and social welfare, and inequality. Each chapter offers a well-conceived analysis of the most recent trends in both theory and empirics and addresses numerous policy implications related to the different aspects dealt with in the volume. Overall, this book will be an excellent guide for global graduate students at the Master and PhD levels, as well as academics researching various issues related to economic development while analyzing the role of ICTs. It also addresses numerous policy implications related to economic development for policymakers, investors and stakeholders.

Download or read book Information and Communications for Development 2018 written by World Bank and published by Information and Communications. This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Information and Communications for Development series looks in depth at how information and communications technologies are affecting economic growth in developing countries. This new report, the fourth in the series, examines the topic of data-driven development, or how better information makes for better policies. The objective is to assist developing-country firms and governments in unlocking the value of the data they hold for better service delivery and decision making and to empower individuals to take more control of their personal data. We are undoubtedly experiencing a data revolution in which our ability to generate, process, and utilize information has been magnified many times over by the machines that we increasingly rely upon. This report is about how the data revolution is changing the behavior of governments, individuals, and firms and how these changes affect the nature of development: economic, social, and cultural. How can governments extract value from data to improve service delivery in the same way that private companies have learned to do for profit? Is it feasible for individuals to take ownership of their own data and to use it to improve their livelihoods and quality of life? Can developing-country firms compete with the internet majors on their own turf and be even more innovative in their use of data to serve local customers better? Though the report is aimed primarily at government policy makers, it also has great relevance for individuals concerned about how their personal data is used and how the data revolution might affect their future job prospects. For private sector firms, particularly those in developing countries, the report suggests how they might expand their markets and improve their competitive edge. For development professionals, the report provides guidance on how they might use data more creatively to tackle long-standing global challenges, such as eliminating extreme poverty, promoting shared prosperity, or mitigating the effects of climate change. The report's chapters explore different themes associated with the supply of data, the technology underlying it, and the demand for it. An overview chapter focuses on government use of data and presentation of definitions. Part I of the report then looks at the "supply side" of the data sector, with chapters on data connectivity and capacity (where data comes from, how it is stored, and where it goes) and data technology (specifically big data analytics and artificial intelligence) and how this is contributing to development. Part II looks at the sector's "demand side," with a chapter on people's use of data and another that examines how firms use digital platforms in the data economy and how that contributes to competitiveness. Part III brings together the policy implications for developing-country stakeholders, with a chapter considering government policies for data, including data protection and privacy. A closing Data Notes appendix looks at statistical indicators associated with the use of data and presents the 2018 update of the Digital Adoption Index (DAI), a composite indicator introduced in the 2016 World Development Report: Digital Dividends.

Download or read book ICTs in Developing Countries written by Bidit Dey and published by Palgrave Macmillan. This book was released on 2014-01-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: ICTs in Developing Countries is a collection of conceptual and empirical works on the adoption and impacts of ICT use in developing societies. Bringing together a wide range of disciplines and contributors, it offers a rich examination of digital divide and ICT for development both in terms of contextual information and disciplinary perspectives.

Download or read book Knowledge Economy Information Technologies and Growth written by Luigi Paganetto and published by Routledge. This book was released on 2017-11-30 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focuses on the Information and Communication (ICT) revolution and its impact on economic growth. Even though the emergence of the knowledge economy is at the center of attention by media and is often a subject of economic policy debate, economic research on the issue is still relatively underdeveloped and many aspects of it are still awaiting proper theoretical and empirical scrutiny. One important question is whether, as many economists and opinion leaders maintain the knowledge economy and the new information technologies have fostered the birth of a 'new economy' which by inducing a strong productivity growth in most sectors, is behind the impressive growth of GDP experienced by the US economy. Empirical research has in fact been unable to provide a conclusive answer to this question. This book debates this issue and provides the opportunity to discuss the economic and social effects of the ICT revolution. It also focuses on the functioning and the micro-economic structure of the ICT sector, as well as on its impact on various industries, on the financial system and on the labor market. It analyses the role of the ICT revolution on regional development and it addresses important policy issues such as its consequences for antitrust legislation and government regulation.

Download or read book The Digitalization of Financial Markets written by Adam Marszk and published by Routledge. This book was released on 2021-10-10 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides deep insight into theoretical and empirical evidence on information and communication technologies (ICT) as an important factor affecting financial markets. It is focused on the impact of ICT on stock markets, bond markets, and other categories of financial markets, with the additional focus on the linked FinTech services and financial institutions. Financial markets shaped by the adoption of the new technologies are labeled ‘digital financial markets’. With a wide-ranging perspective at both the local and global levels from countries at varying degrees of economic development, this book addresses an important gap in the extant literature concerning the role of ICT in the financial markets. The consequences of these processes had until now rarely been considered in a broader economic and social context, particularly when the impact of FinTech services on financial markets is taken into account. The book’s theoretical discussions, empirical evidence and compilation of different views and perspectives make it a valuable and complex reference work. The principal audience of the book will be scholars in the fields of finance and economics. The book also targets professionals in the financial industry who are directly or indirectly linked to the new technologies on the financial markets, in particular various types of FinTech services. Chapters 2, 5 and 10 of this book are available for free in PDF format as Open Access from the individual product page at www.routledge.com. They have been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Download or read book Information and Communication Technologies written by and published by World Bank Publications. This book was released on 2002-01-01 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Knowledge is a fundamental driver of increased productivity and global competition. Information and communication technologies provide a foundation for building up and applying knowledge in private and public sectors. Countries with information infrastructures that are well developed and that use innovative information technology applications, have advantages for sustained economic growth and social development. Developing countries face opportunity costs when delaying greater access to and use of information infrastructures and technologies. As these information and communication technologies are the centre of World Bank Strategic Directions Framework priorities, increasing the climate for investment and sustainable growth at the same time as empowering and investing in poor people. Implementing a strategy to support information and communication technologies development in client countries is high on the World Bank Group agenda.

Download or read book E development written by Robert Schware and published by World Bank Publications. This book was released on 2005 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information and communication technologies (ICTs) are increasingly being recognized as essential tools of development--tools that can empower poor people, enhance skills, increase productivity and improve governance at all levels. The success of ICT-enabled development (or e-development) will thus not be measured by the diffusion of technology, but by advances in development itself: economic growth and, ultimately, achievement of the Millenium Development Goals. This volume examines a wide range of issues related to e-development, with a focus on the requirements and realities of using ICTs to advance development goals. The report does not attempt to present a comprehensive overview of e-development. Rather, it highlights key issues that have immediate relevance to policy makers in developing nations who make decisions on investments and development goals. It highlights two issues in particular, e-government and e-education, because ICT applications in these areas can lead to significant development outcomes and can also be successfully deployed through public-private partnerships, leveraging limited government funding to achieve greater impact.

Download or read book At Your Service written by Gaurav Nayyar and published by World Bank Publications. This book was released on 2021-10-18 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.

Download or read book 2009 Information and Communications for Development written by World Bank and published by World Bank Publications. This book was released on 2009-01-01 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decade, information and communication technologies (ICT) have been increasingly used to achieve development goals. Developing countries, including poorer ones, have enjoyed rapid technological progress to help pull millions of people out of poverty. ICTs help transform economic and social activities for firms, governments and citizens. Information and Communication for Development 2009: Scaling Up Impact, the second issue of the World Bank's IC4D series, focuses on the effect of increased access to advanced ICT services and development of a vibrant IT sector on sustaining growth.

Download or read book ICT Innovation and Economic Performance written by Aerdt Houben and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article considers the relationship between finance and the contribution of Information and Communication Technologies (ICT) to macroeconomic performance. The general characteristics of ICT firms, especially their often 'high risk, high return' nature, suggest equity finance is more appropriate than debt finance. Also, the prevalence of information asymmetries tends to favour internal finance and venture capital with management participation. For a group of countries, we analyse correlations between financial structure and the ICT contribution to economic growth. Our results support the view that a market-oriented financial system and a well-developed venture capital market are key factors stimulating the emergence of the so-called 'New Economy'. This helps explain the considerable gap in productivity growth between the United States and Europe in the second half of the 1990s.

Download or read book The Big Data Driven Digital Economy Artificial and Computational Intelligence written by Abdalmuttaleb M. A. Musleh Al-Sartawi and published by Springer Nature. This book was released on 2021-05-28 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows digital economy has become one of the most sought out solutions to sustainable development and economic growth of nations. This book discusses the implications of both artificial intelligence and computational intelligence in the digital economy providing a holistic view on AI education, economics, finance, sustainability, ethics, governance, cybersecurity, blockchain, and knowledge management. Unlike other books, this book brings together two important areas, intelligence systems and big data in the digital economy, with special attention given to the opportunities, challenges, for education, business growth, and economic progression of nations. The chapters hereby focus on how societies can take advantage and manage data, as well as the limitations they face due to the complexity of resources in the form of digital data and the intelligence which will support economists, financial managers, engineers, ICT specialists, digital managers, data managers, policymakers, regulators, researchers, academics, students, economic development strategies, and the efforts made by the UN towards achieving their sustainability goals.