Columbia International Affairs Online: Working Papers

CIAO DATE: 10/2008

Information Technology and the New Global Economy: Tensions, Opportunities, and the Role of Public Policy

David Bollier

March 2005

Aspen Institute

Abstract

David Bollier, rapporteur. The report provides context and insight into the unfolding of new economic realities arising from the information revolution-how the world's players will live, learn, innovate, offer, consume, thrive, and die in the new global economic landscape. Information Technology and the New Global Economy draws a portrait of a changing global economy by describing new business models for the networked environment, exploring topics of innovation and specialization. Among the more creative concepts propounded at the roundtable conference was the analysis of the world's economy in terms of video game theory that suggests that if developing countries are not incorporated into the world economic community in some acceptable way-if they cannot make economic progress-they could become disrupters to the entire economic or communications system. The report also explores issues of outsourcing and in-sourcing in the context of digital technologies.