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Economic and Social Survey of Asia and the Pacific 1999

Asia and the Pacific into the Twenty-First Century - Information Technology, Globalization, Economic Security and Development

image of Economic and Social Survey of Asia and the Pacific 1999

This year's issue of the survey reviews the economic progress in the ESCAP region over the past year and analyzes population dynamics and their related policy implications. It also provides a regional perspective on the subject of 'Financing for Development' looking at such issues as: domestic and external resources; trends in and current distribution of Official Development Assistance; and reform of the international financial architecture.

English

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Information technology, globalization and development

A hallmark of the closing years of the twentieth century is the marked intensification of the process of globalization. This process has manifested itself in accelerated movement of goods, services, factors of production and technology across national boundaries. The rapid spread of the use of information and communication technology (ICT) around the globe is both an outcome and a determinant of this process of globalization. While there are many positive outcomes from the continuing improvements in ICT, there are also escalating risks associated with its use. In this theme topic study, an attempt is made to analyse the relationships between ICT, the process of globalization and economic development in the developing economies of the Asian and Pacific region, with particular attention being paid to trade, investment patterns and financial flows. These issues are also viewed from the perspectives of economic volatility and economic security, with the objective of identifying options for ICT-related strategies for the developing countries of the ESCAP region.

English

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