ICT, Financial Inclusion, and Growth

ICT, Financial Inclusion, and Growth PDF Author: Mr.Kangni Kpodar
Publisher: International Monetary Fund
ISBN: 1455227064
Category : Business & Economics
Languages : en
Pages : 47

Get Book Here

Book Description
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.

ICT, Financial Inclusion, and Growth

ICT, Financial Inclusion, and Growth PDF Author: Mr.Kangni Kpodar
Publisher: International Monetary Fund
ISBN: 1455227064
Category : Business & Economics
Languages : en
Pages : 47

Get Book Here

Book Description
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.

2006 Information and Communications for Development

2006 Information and Communications for Development PDF Author:
Publisher: World Bank Publications
ISBN: 0821363476
Category : Business
Languages : en
Pages : 332

Get Book Here

Book Description
"""The report is essential reading for policy makers, government workers, and academics pursuing the goal of equitable, sustainable development across the world."" - N. R. Narayana Murthy, Chairman and Chief Mentor Infosys Technologies Ltd. Information and communication technology (ICT) is rapidly evolving, changing rich and poor societies alike. It has become a powerful tool for participating in the global economy and for offering new opportunities for development efforts. ICT can and should advance economic growth and reduce poverty in developing countries. It has been 20 years since the first telephone operator was privatized, a little over 10 since the World Wide Web emerged, and 5 since the telecommunications bubble burst. How have the ICT sector and its role in development evolved? What have we learned? How can we move forward? Information and Communications for Development 2006: Global Trends and Policies contains lessons from both developed and developing countries. It examines the roles of the public and private sectors, identifying the challenges and the benefits of adopting and expanding ICT use. The report assesses topics essential to building an information society, including investment, access, diffusion, and country policies and strategies. Assessing what has worked, what hasn't, and why, this report is an invaluable guide for understanding how to capture the benefits of ICT around the world."

Growth in Sub-Saharan Africa

Growth in Sub-Saharan Africa PDF Author: Mr.Dhaneshwar Ghura
Publisher: International Monetary Fund
ISBN: 1451855753
Category : Business & Economics
Languages : en
Pages : 32

Get Book Here

Book Description
The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies.

Information and Communication Technologies for Development. Strengthening Southern-Driven Cooperation as a Catalyst for ICT4D

Information and Communication Technologies for Development. Strengthening Southern-Driven Cooperation as a Catalyst for ICT4D PDF Author: Petter Nielsen
Publisher: Springer
ISBN: 303019115X
Category : Computers
Languages : en
Pages : 461

Get Book Here

Book Description
The two volumes IFIP AICT 551 and 552 constitute the refereed proceedings of the 15th IFIP WG 9.4 International Conference on Social Implications of Computers in Developing Countries, ICT4D 2019, held in Dar es Salaam, Tanzania, in May 2019. The 97 revised full papers and 2 short papers presented were carefully reviewed and selected from 185 submissions. The papers present a wide range of perspectives and disciplines including (but not limited to) public administration, entrepreneurship, business administration, information technology for development, information management systems, organization studies, philosophy, and management. They are organized in the following topical sections: communities, ICT-enabled networks, and development; digital platforms for development; ICT for displaced population and refugees. How it helps? How it hurts?; ICT4D for the indigenous, by the indigenous and of the indigenous; local technical papers; pushing the boundaries - new research methods, theory and philosophy in ICT4D; southern-driven human-computer interaction; sustainable ICT, informatics, education and learning in a turbulent world - "doing the safari way”.

Economics and Development Studies

Economics and Development Studies PDF Author: Michael Tribe
Publisher: Routledge
ISBN: 1136938745
Category : Business & Economics
Languages : en
Pages : 311

Get Book Here

Book Description
Economics and Development Studies synthesises existing development economics literature, much of it very contemporary, in order to identify the salient issues and controversies and to make them accessible and understandable.

Information and communication technologies for development and poverty reduction

Information and communication technologies for development and poverty reduction PDF Author: Maximo Torero
Publisher: Intl Food Policy Res Inst
ISBN: 0801880416
Category : Business & Economics
Languages : en
Pages : 392

Get Book Here

Book Description
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.

Handbook of Research on Technology Integration in the Global World

Handbook of Research on Technology Integration in the Global World PDF Author: Idemudia, Efosa C.
Publisher: IGI Global
ISBN: 1522563687
Category : Computers
Languages : en
Pages : 562

Get Book Here

Book Description
Technology’s presence in society continues to increase as new products and programs emerge. As such, it is vital for various industries to rapidly adapt and learn to incorporate the latest technology applications and tools. The Handbook of Research on Technology Integration in the Global World is an essential reference source that examines a variety of approaches to integrating technology through technology diffusion, e-collaboration, and e-adoption. The book explores topics such as information systems agility, semantic web, and the digital divide. This publication is a valuable resource for academicians, practitioners, researchers, and upper-level graduate students.

World Development Report 2016

World Development Report 2016 PDF Author: World Bank Group
Publisher: World Bank Publications
ISBN: 1464806721
Category : Business & Economics
Languages : en
Pages : 359

Get Book Here

Book Description
Digital technologies are spreading rapidly, but digital dividends--the broader benefits of faster growth, more jobs, and better services--are not. If more than 40 percent of adults in East Africa pay their utility bills using a mobile phone, why can’t others around the world do the same? If 8 million entrepreneurs in China--one third of them women--can use an e-commerce platform to export goods to 120 countries, why can’t entrepreneurs elsewhere achieve the same global reach? And if India can provide unique digital identification to 1 billion people in five years, and thereby reduce corruption by billions of dollars, why can’t other countries replicate its success? Indeed, what’s holding back countries from realizing the profound and transformational effects that digital technologies are supposed to deliver? Two main reasons. First, nearly 60 percent of the world’s population are still offline and can’t participate in the digital economy in any meaningful way. Second, and more important, the benefits of digital technologies can be offset by growing risks. Startups can disrupt incumbents, but not when vested interests and regulatory uncertainty obstruct competition and the entry of new firms. Employment opportunities may be greater, but not when the labor market is polarized. The internet can be a platform for universal empowerment, but not when it becomes a tool for state control and elite capture. The World Development Report 2016 shows that while the digital revolution has forged ahead, its 'analog complements'--the regulations that promote entry and competition, the skills that enable workers to access and then leverage the new economy, and the institutions that are accountable to citizens--have not kept pace. And when these analog complements to digital investments are absent, the development impact can be disappointing. What, then, should countries do? They should formulate digital development strategies that are much broader than current information and communication technology (ICT) strategies. They should create a policy and institutional environment for technology that fosters the greatest benefits. In short, they need to build a strong analog foundation to deliver digital dividends to everyone, everywhere.

Role of IT- ITES in Economic Development of Asia

Role of IT- ITES in Economic Development of Asia PDF Author: Soumyen Sikdar
Publisher: Springer Nature
ISBN: 9811542066
Category : Business & Economics
Languages : en
Pages : 329

Get Book Here

Book Description
This book focuses on the contribution of Information Technology (IT) and Information Technology Enabled Services (ITES) in shaping the current and future global economic scenario, with a special focus on Asia, and taking into account the three broad macroeconomic dimensions — growth, sustainability and governance mechanisms. The last two decades have witnessed a structural shift in the world economy due to the tremendous growth in gross domestic product share for the service sector; in fact, service has emerged as the dominant sector and the main driver of GDP growth. This is mainly attributable to the spectacular success of the IT sector in the new knowledge economy. Tradability, technology and transportability – the three T’s – govern productivity growth in today’s services. Growing Asian economies such as India, China and Vietnam, using their demographic advantages, have been reaping the benefits of this boom. The book’s content focuses on recent debates and discussions concerning the issue of long-term sustainability and governance, especially in India, as these companies are facing continuous challenges in terms of international competition, salary inflation, health hazards, scarcity of talent, employee attrition, security concerns, global slowdown and many other technology-related issues. The book further highlights how the increased application of IT-based products and services is resulting in harsh inequalities concerning income distribution in many developing countries of Asia, mainly because of its labor shedding nature, and hence might be detrimental to sustainable development, if suitable policy measures are not implemented to counter these effects. The book provides a wealth of information for researchers, graduate students and political scientists alike, as well as thought-provoking insights for social scientists, policymakers and government officials. It also offers a valuable source of data for business and management professionals, and for members of Chambers of Commerce and Industry.

The Economic Impact of Digital Technologies

The Economic Impact of Digital Technologies PDF Author: Paolo Guerrieri
Publisher: Edward Elgar Publishing
ISBN: 0857935232
Category : Computers
Languages : en
Pages : 305

Get Book Here

Book Description
The Economic Impact of Digital Technologies offers a profoundly illuminating examination of ICT transformations in Europe and its critical role in greater social inequality. It presents scholars and policy makers with original and practical tools to benchmark and assess the ICT diffusion and inclusion process. The core message of book is that a coherent European strategy for embedding ICT technologies in society is long overdue. Social differences in ICT use persist and are in some cases widening, yet despite this fact there is a dearth of research on remedying digital inequalities. This is of particular importance given that relative levels of ICT use, investment and research can often explain variations in economic performance between industrialised countries. The purpose of this book is to fill the gap in the literature by presenting key evidence on the economic benefits (and costs) deriving from investment in an inclusive information society. The authors propose indicators and indexes of digital development and e-Inclusion (and its flip-side e-exclusion) to assess the relationship between inclusive ICT and wider economic and social performance in Europe. Presenting the methodology to monitor countries' performance and ICT use, together with original measures and policy suggestions, this book will be indispensable to policymakers, scholars and postgraduate students in a variety of areas including economic growth, innovation, industrial and organizational studies, information and technology, European studies, and public and social policy.