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Chapter 40 Policy Issues and the New Economy for Developing
and Transition Economies This chapter describes what is the New Economy, and
reviews research on the magnitude and source of potential benefits from
it. It addresses the policy foundations that help create a New Economy.
It discusses the digital divide, which is one manifestation of the differential
pace of engaging in the New Economy. It presents policy challenges of
the New Economy that come from the juxtaposition of a more global marketplace
with the national boundaries of policymaker jurisdiction. It considers
appropriate government interventions and actions to enhance the probability
that countries will enjoy the benefits of the New Economy. |