Confronting the Crisis : : ICT Stimulus Plans for Economic Growth / International Telecommunication Union.

Format:

Book

Author/Creator:

International Telecommunication Union, author, issuing body.

Language:

English

Subjects (All):

Economic development.

Physical Description:

1 online resource (94 pages)

Edition:

Second edition.

Other Title:

Confronting the Crisis

Place of Publication:

[Place of publication not identified] : International Telecommunication Union, 2009.

Summary:

This Report examines the scope for public financing and the role that the ICT sector and economic stimulus plans can play in regenerating economic growth and promoting economic recovery. More than fifty countries have launched economic stimulus plans in an effort to boost aggregate demand (Insight 4) - the OECD records as many as 25 OECD countries as having announced stimulus plans, while major emerging and transition countries including Brazil, Chile, China and the Russian Federation have also launched similar initiatives to stimulate their economies. Investments in ICT can play a strong role in generating long-term economic growth, as they offer strong multiplier effects in returns on investment, strong externalities and reduced economic leakages (Section 3.1). These strong externalities to ICT infrastructure suggest that the social returns on investment in ICTs are likely to exceed the private returns significantly, implying that private sector activity alone is unlikely to generate socially optimal levels of investment.

Contents:

Table of Contents

Acknowledgements

Message from the ITU Secretary-General

1. Executive Summary

Outlook for DifferentTechnologies

2. A Story of Crash, Crunch and Crisis

2.1 Economic Outlook - Is the End in Sight?

Insight 1: Recession orDepression?

2.2. Policy Responses to Recession

Insight 2: Keynes For Our Times - The Rationale for Stimulus Plans

Insight 3: Economic Stimulus Packages & the ICT Sector

3. Stimulus Plans and the Global ICT Industry

3.1 What Role for ICTs & Broadband in Stimulus?

Insight 4: The Impact of the Economic Crisis on ICTs and their Role in Recovery

Insight 5: Information as a Public Good -Why Broadband? Why Government?

Insight 6: Choosing the Right Degree of Government Involvement

Insight 7: ARRA Broadband Investment Program Guidelines of USDA - RUS Issued 9 July 2009

3.2. The Changing Face of Financing - Is Government Back?

Insight 8: Crowding Out or Crowding In?

3.3 The Digital Divide & Developing Countries

Insight 9: Promoting Broadband Infrastructure in Developing Countries

4. Impact of the Financial Crisis

4.1 The ICT Industry

Insight 10: Green Shoots of Recovery in the ICT Industry?

4.2 Wireless Communication Technologies

Insight 11: Outlook from The Mobile World

4.3 Fixed Broadband Internet and NGN

Insight 12: Broadband subscriber additions in Q1 2009 - China and the US lead the way

4.4 Satellite Technologies

Insight 13: How The Satellite Industry is Unique

Insight 14: 50% Growth in the Global Satellite Market over the Next Decade

5. Conclusions: Investing In The Future

LIST OF ACRONYMS AND ABBREVIATIONS

REFERENCES

END-NOTES

Photo credits.

Notes:

Description based on publisher supplied metadata and other sources.