Tag Archives: economic growth
Does faster broadband lead to greater economic growth?
The Economist has a nice nuanced discussion on the above question, starting thus: DO DIGITAL economies grow faster than analogue ones? Rich-country leaders seem to think so. G7 and European Union governments are committed to a variety of digital stimulus packages; Australia, the biggest spender, has promised broadband investment of $33.4 billion (or 3% of [...]
Productivity driving growth in China and Asia
LIRNEasia’s future work will focus on knowledge-based economies, which makes us very interested in stories like this, which place innovation at the center. China’s productivity has been lifted by a massive expansion of private enterprise, and a shift of labour out of agricultural work and into more productive jobs in industry. China’s average return on [...]
Sri Lanka: Telecom’s contribution to economic growth and the impact of taxes
Government has released the 2008 second quarter economic performance data, which shows, again, that the telecom sector is growing the fastest, at 23.2 per cent (as against 21 per cent, 2007 Q2), followed by mining and quarrying at 19.6 per cent. In his weekly newspaper column in the Lankadeepa, Mr Udaya Gammanpila, the Chairman of [...]
Poor economy and taxes begin to bite in Sri Lanka
Hutch, a pure BOP play that was making very good profits, has reported declining profits and revenue growth. One quarter does not a trend make. But seen together with Dialog’s bad results for the last quarter, it suggests things are not looking good for the telecom sector which is taking multiple hits with tripled spectrum [...]
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