New Economy in Development

BIRGETTE ANDERSEN Reader in the Economics and Management of Innovation in the School of Management and Organizational Psychology, Birkbeck College, University of London, UK T.A. BHAVANI Associate Professor, Institute of Economic Growth, Delhi, India DANIEL CHUDNOVSKY Professor, University of San Andrés and Director, In Centro de Investigaciones para la Transformacin (CENIT), Argentina DERRICK L. COGBURN Assistant Professor of Information, School of Information Studies and Senior Research Associate, Moynihan Institute of Global Affairs, Maxwell School, Syracuse University, USA MARVA E. CORLEY Economist, United Nation's International Labour Office, Geneva, Switzerland P.D. KAUSHIK Senior Fellow, Rajiv Gandhi Foundation, New Delhi, India CHARLES KENNY Senior Economist, Global Information and Communications Technology Department, The World Bank, USA ANDRÉS LÓPEZ Associate Professor, Department of Economic Sciences, University of Buenos Aires and Principal Researcher at In Centro de Investigaciones para la Transformacin (CENIT), Argentina SAMIA SATTI OSMAN MOHAMED NOUR Independent Researcher MARCIN PIATKOWSKI Advisor to Executive Director at the International Monetary Fund, Washington DC, USA CZARINA SALOMA-AKPEDONU Assistant Professor and Chairperson, Department of Sociology and Anthropology, Ateneo de Manila University, Philippines.

• List of Figures List of Tables Acknowledgements Foreword Notes on Contributors List of Abbreviations Introduction: Charting a New Development Trajectory?; Anthony P. D'Costa Theoretical and Conceptual Foundations of Total Factor Productivity Measurement in Services: Looking Back and Ahead; B.Andersen & Marva E.Corley Emergent Regime Formation for the Information Society and the Impact on Africa; Derrick L.Cogburn The Internet and Economic Growth in LDCs: A Case of Managing Expectations?; C.Kenny Can ICT Make a Difference in the Development of Transition Economies?; Marcin Piatkowski ICT Initiatives in India: Lessons for Broad-based Development; P.D.Kaushik The Software and Information Services Sector in Argentina: The Pros and Cons of an Inward-Oriented Development Strategy; Daniel Chudnovsky & Andres Lopez ICT Opportunities and Challenges for Development in the Arab Region; Samia Satti O.M.Nour The Impact of Technology on Competitiveness: A Case Study of Indian Small Automotive Component Unit; T.A.Bhavani How to Solve the 'Hotmail Problem': Global-local Interfaces and Filipino Technopreneurs; Czarina Saloma-Akpedonu

'An elegant, insightful and extremely helpful book in understanding intriguing connections between ICT and economic growth. Because of its analytical and yet readable style, the book is an essential reading for professional economists, policy makers and well-informed readers.' - Lakhwinder Singh, Department of Economics, Punjabi University'To date, discussion about the new economy has generally fallen into two camps - optimistic or pessimistic. The value of D'Costa's volume is that a more balanced analysis is provided, drawing on case studies from various regions so that proper consideration of the new economy and developing world can take place.' - Matthew Clarke, Program Leader - International Development School of Global Studies, Social Science and Planning, RMIT University'This book is a useful addition to the growing literature that explores what the rise of the "new economy" means for low-income countries...a well-produced book that substantially contributesto our understanding of these issues.' - M. Vijayabaskar, Economic and Political Weekly