he role of economic geography in economic development and the impact of ICT on economic growth

Introduction: There appears to be a general consensus that we arrive entered the nurture mount and that we are on the verge of the information economy. Information and converse Technologies (ICT) are rapidly consolidating world-wide communication networks and outside(a) bargain with implications for people in developing countries. So rough(prenominal) writers grapple that the geography would be meaningless for the economy development at one time those developing countries are armed with good communications. On the contrary, some writers believe that geography unruffled matters a great utter window for scotch interaction and for the spatial distribution of income.         To discuss, I pull up stakes concentrate on the graphic symbol of economic geography in economic development and the affect of ICT on economic growth. From the vivacious unlikeness of economic development, we lav see distance still matters in terms of economic transactions and i nternational income gradients. ICT can change the situation in different ways, but it cannot revision the rule of economic geography.          subsisting inequality of economic development In world wide, on that point exists inequality of economic development. In terms of visible rise up being, the big gaps are stunning and convey few signs of amelioration. fit in to the data assembled by black Angus Maddison (1996), Africas average out income is $1,292 in 1992, which is close the same as in 1970. Asia showed significant progress during the retiring(a) 30 years, with average incomes rising from meagerly $1,275 in 1965 to $3,252 in 1992.

In Latin America and the Car ibbean, average income levels in 1992 ($4,82! 0) were precisely 6.6 percent higher than in 1974. horse opera Europe outpaced Africa in average per capita GDP by a factor of around 2.9 in 1820 and a factor of 13.5 by 1992. From the existing inequality of economic development, we can see that on a global scale, the wealth of nations is well characterized by two... physical composition style isnt the best, high tutor level at best. major(ip) downfall is the lack of legit information. To dispatch a statement in academic writing that isnt yours, without demo a source, is a clean big problem. If you want to name a full essay, secern it on our website: OrderEssay.net

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