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Author
Vijselaar Focco W., Kennedy Neale O.
Title
New Technologies : the Need for Structural Reforms
Produktywność, nowe technologie - potrzeba reform strukturalnych
Source
Bank i Kredyt, 2002, nr 11-12, s. 155-161, tab., wykr., przypisy
Keyword
Produkt krajowy brutto (PKB), Strefa euro, Technologie informacyjne i telekomunikacyjne, Wzrost gospodarczy, Nowe technologie, Materiały konferencyjne, Polityka pieniężna
Gross domestic product (GDP), Eurozone, Information and Communication Technology (ICT), Economic growth, High-tech, Conference materials, Monetary policy
Note
Materiały z konferencji naukowej NBP pt. "Reformy strukturalne a polityka pieniężna", która odbyła się w Falentach w dniach 24-25 października 2002 r.
Country
Stany Zjednoczone Ameryki
United States of America (USA)
Abstract
This contribution focuses on the macroeconomic impact of the information economy and the challenges it poses for the regulatory framework of the economy. There are three basic channels via which the new information and communication technologies, the socalled ICT, affect economic growth. The first is that of technical progress in the production of ICT, the second that of capital deepening and the third that of positive spill-over effects from the use of ICT. The two first-mentioned channels are clearly operative in the euro area. Still, there is as yet no sustained higher productivity growth discernible in the euro area economy as a whole. This points to the fact that, although progress has been made with structural reforms, the regulatory framework in the euro area is still inhibiting an optimal use of the new technologies. (original abstract)
Accessibility
The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics
Cited by
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ISSN
0137-5520
Language
eng
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