Economies covered

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.bd Bangladesh dr_dot2009-2010 dr_dot2007-2008 dr_dot2005-2006 dr_dot2003-2004
.bn Brunei Darussalam dr_dot2009-2010 dr_dot2007-2008 dr_dot2005-2006 dr_dot2003-2004
.bt Bhutan dr_dot2009-2010 dr_dot2007-2008 dr_dot2005-2006 dr_dot2003-2004
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.kr South Korea
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.lk Sri Lanka
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.mm Myanmar
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.mn Mongolia
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.mo Macau
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.np Nepal
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.nz New Zealand
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.ph Philippines
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.pk Pakistan
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.sg Singapore
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.th Thaïland
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.tl / .tp Timor-Leste
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.tw Taiwan
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.vn Vietnam
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SAARC dr_dot2009-2010 dr_dot2007-2008
ASEAN
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APEC dr_dot2009-2010
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ICT for development in Asia Pacific: Emerging themes in a diverse region

Article Index
ICT for development in Asia Pacific: Emerging themes in a diverse region
What do we mean by ICTD
ICTD: The state of the art
Globalzation and Migration
Evaluating Gender in ICTD
ICTD and Environmental Sustainability
INFRASTRUCTURE
Mobile and Wirelss
Technological Developments (Including Convergence)
EDUCATION AND HUMAN DEVELOPMENT
MEDIA AND CONTENT DEVELOPMENT
CONCLUSION
BIBLIOGRAPHY

ICT for development in Asia Pacific: Emerging themes in a diverse region

Danny Butt and Partha Pratim Sarker

In late 2008, a series of financial shocks highlighted the risks emerging from a highly networked, information economy. Governments were forced to respond quickly as movements in one financial market overnight had unpredictable effects on investor confidence in the other side of the world the next day. While investment banks collapsed or were bailed out, governments were forced to underwrite individual deposits, and reluctantly admitted that there was little that could be done to decisively reverse their nation's market fortunes or insulate them from the radical volatility of advanced economies. When advanced economies such as the United Kingdom have over 60 percent of their wealth in real estate (Hopkins 2008), sudden write-downs in value can occur as property markets fall.

It was a reminder, perhaps, that the question of development in the networked economy is far from straightforward, and the issue of wealth acquisition requires developing economies to ask: what kind of wealth? Many commentators assume that because information and communication technologies (ICTs) are equated with higher overall standards of living, then the deployment of these technologies and associated infrastructure will automatically result in higher levels of development. However, a historical view suggests that when disruptive technologies such as the Internet emerge, it is those with substantial capital who are best placed to reap the dividends (Noe and Parker 2005), and in a networked economy, this usually means those in advanced economies.

A focus on human rather than purely technological development is becoming evident from governments in the Asia Pacific region, with the aim of making the labour force globally competitive in the ICT and related industries. Localization is a key strategy in ensuring that productive workforces are retained and developed, as this workforce becomes the most strategic asset in responding to a rapidly shifting information economy.



 

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