Economic Policy Issues of the New Economy

Economic Policy Issues of the New Economy

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This volume addresses trends, causes, and consequences of the new economy in micro- and macroeconomic terms. Modern information and communications technologies increase the efficiency of traditional activities and pave the way for creating new activities and products. How will market participants cope with the challenges of the new economy and which role will governments play in a dramatically changing world? The book presents a thorough analysis of the effects of new technologies and products on overall productivity and on goods markets, labor markets, and financial markets. It also deals with the implications of the new economy for the welfare state and discusses the issue of whether there is a need for new regulatory devices, in particular in the field of international trade in goods and services.Over 230 million (65 percent of Europeans) now use digital mobile phones, and these will become Internet access ... between countries and within countries: software engineers have greater earning potential than manual workers in all ... 2 1 Nokia now estimates that over 1 billion people will have mobile phones by 2002.

Title:Economic Policy Issues of the New Economy
Author: Horst Siebert
Publisher:Springer Science & Business Media - 2002-08-23

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