Essay on Technology and Development - Your Article Library.
Introduction In this essay we look in-depth on how government strategies and economic policy play a crucial role in the success of High Performance Asian Economies (HPAEs) during 1960 to 1990 (World Bank 1993).There are eight countries within HPAEs: South Korea, Taiwan, Hong Kong, Singapore, Thailand, Malaysia, Indonesia and Japan. Its economic development has significantly rise that it was.
Education plays a major role in the economic development of any country, may it be developed or developing. Many resources play a part in the growth of a country’s economy one of which and perhaps the most important is human capital, which means the workforce of the country. A good and productive workforce by making use of other resources can lead an economy in to growth and prosperity. One.
The Role of Technology in National Development Emmanuel O. Egbogah Executive Chairman Emerald Energy Resources F rom the beginning of time, man has strived to improve his way and quality of life. The caveman discovered how to make and use tools, developed a logical sequence for activities, and evolved processes that added value to his life. The totality of the use and application of his.
Development of technology started long ago and has been there for a long as man can remember. When science was struggling to develop, the pace of technology development was also very slow. As science shaped up, so did the technology. There were new inventions and this enhanced the shape of technology development. New inventions and innovations created a better plat form for better technology.
This article explores the role of information and communication technologies (ICT) and of its individual components as factors of economic development. An augmented production function is employed to estimate the total ICT effect on labor productivity growth as well as the impact exerted by its components (hardware, software, and communications). The empirical analysis is based on a sample of.
During the seventies, the economists thought of distinguishing the economic growth and economic development. When it comes to economic development, there are two different views. The traditional view has been to interpret it in terms of changes in the structure of national product and the occupational pattern of labor force and the institutional and technological changes that bring about such.
While governments play a critical part in the attainment of sustainable development, the extensive capabilities of the private sector—particularly in relation to technology development and technology transfer—also have a key role. For example, industry is designing and producing products that consume less energy and make systematic use and re-use of materials to contain them within the.