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The New Economy in East Asia and the Pacific

This book sets out the problems of measuring the effects of technological change on economic progress by using the internet in the Asia-Pacific region as a case study. Corporate and industry experience, including changing business organization and new regulatory issues are explored as well as policy issues such as the digital divide and the approach to e-commerce in the WTO. Using several industry case studies the contributors compare the IT experience in North America with a number of countries in Asia and the Pacific.

In a period of new, generalpurpose technology, the United States has been
fortunate to have an abundance of venture capital—in times of enthusiasm,
perhaps even too much. This is partly due to the willingness by many Americans
to risk ...