Information Communication Technology And Economic by Tojo Joseph Thatchenkery, Roger R. Stough

By Tojo Joseph Thatchenkery, Roger R. Stough

India has turn into a hugely noticeable player within the info conversation expertise (ICT) undefined. because the Nineties, it's been one of many quickest becoming economies on this planet, rising because the so much watched attempt of world capitalism. The participants to this quantity learn how the ICT-driven improvement of India seems to have skipped the center phases of the normal monetary improvement types and leapfrogged on to the ultimate degree wherein development is usually technologically pushed.

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In India, as in Mexico and other developing countries like the Philippines, the economic growth generated by EOI has concentrated in some regions and when initial conditions are missing great inequalities are created. Evidence shows that the EOI strategy by itself is not a sufficient condition for achieving sustainable economic growth. Thatchenkery 01 chap01 25 3/11/05 16:38:33 26 ICT and economic development of India CONCLUSION This short chapter attempts to provide an overview of recent and contemporary economic development theory, practice and outcomes in an effort to set the stage for the variety of analyses presented in subsequent chapters of this book.

Among the Fortune 500 companies, over 250 outsource their softwarerelated work to India. Some of the best performing and most admired industries in India are in IT-related industries. 2 below shows India’s IT industry output. 1 Software exports of IT clusters and their rankings IT cluster Software exports Software exports in 2003–04 in 2004–05 in US$ million in US$ million Bangalore National capital region (Delhi, Noida and Gurgaon) Chennai Hyderabad Pune Mumbai Source: 3934 5115 1 2097 1657 1092 967 913 2559 1988 1630 1353 1278 2 3 4 5 6 Business Today, November 7, 2004 (figures for 2004–05 are estimates).

Lessons from East Asia, Ann Arbor, MI: The University of Michigan Press, pp. 35–81. Cimoli, M. (2000), ‘Conclusions: an appreciative pattern of the Mexican innovation system’, in M. ), Developing Innovation Systems: Mexico in a Global Context, London: Continuum, pp. 278–92. Thatchenkery 01 chap01 26 3/11/05 16:38:33 The Indian development experience 27 Denison, E. (1967), Why Growth Rates Differ: Postwar Experience in 9 Western Countries, Washington, DC: Brookings Institution. P. (2000), Polarizing Mexico: The Impact of Liberalization Strategy, Boulder, CO: Lynne Rienner Publishers.

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