ABSTRACT
The consensus amongst policy-makers, businessmen and even academic economists on the importance of new information and communication technologies for growth and employment appears based on three features: the dramatic decline in the price of information processing, the convergence between communication and computer technology and the rapid growth in international electronic networking. At last, there appears a broad consensus that societies are on the eve of a major breakthrough in the widespread use and application of new information and communication technologies (ICT) throughout all parts of the economy. 1
