Transformational Growth in the 1990s: Government, Finance and High-tech
Year: 2009
Type: article
Abstract: Our aim is to understand how the process of transformational growth during the 1990s shaped the boom and bust of the New Economy. From the debate on new technologies and productivity growth, we move on to consider the questions raised by technological developments of the 1990s. Our focus is on the three-way relationship between the development of information and communications technologies, structural change and economic growth, as the key determinants of the cycle of expansion. This brings to the fore the effects of private investment driven by high-technology but we also need to consider the role played by finance and macro policy, and, in particular, the government budget.
Source: Review of Political Economy
Authors: Davide Gualerzi, Edward J. Nell
Institutions: University of Padua, The New School
Language: English
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2052544199