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Information and Communication Technology (ICT) and Singapore's economic growth

机译:信息和通信技术(ICT)与新加坡的经济增长

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摘要

Singapore s remarkable success in economic development has been strongly associated with the country's vigorous efforts to embrace the Information and Communication Technology (ICT) revolution to promote economic growth. This study provides a comprehensive investigation of the contributions of ICT to Singapore's economic growth during the 1990-2008 period. It documents three key findings. First, there is a strong positive association between the intensity of ICT use and value-added and labor productivity growth at the sector level. Second, ICT investment contributed approximately 1 percentage point to Singapore's GDP during 1990-2008, and its role in driving economic growth has become increasingly important over time. Third, the contribution of the ICT manufacturing sector to Singapore's growth was notable, but it was on the decline and faced difficult restructuring challenges. This paper also provides valuable policy lessons and strategic insights for governments in both developed and developing countries that aspire to embrace ICT to promote economic growth.
机译:新加坡在经济发展方面的非凡成就与该国大力开展信息和通信技术(ICT)革命以促进经济增长密切相关。这项研究对1990年至2008年期间ICT对新加坡经济增长的贡献进行了全面调查。它记录了三个主要发现。首先,信息通信技术的使用强度与增值和劳动生产率在部门一级的增长之间有着很强的积极联系。其次,ICT投资在1990年至2008年期间为新加坡的GDP贡献了大约1个百分点,随着时间的推移,其在推动经济增长中的作用变得越来越重要。第三,信息通信技术制造业对新加坡增长的贡献是显着的,但它正在下降,面临着艰巨的结构调整挑战。本文还为渴望采用ICT促进经济增长的发达国家和发展中国家政府提供了宝贵的政策课程和战略见解。

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