Information Technology and Growth:
نویسنده
چکیده
In light of the massive developments in Information Technology (IT) in the past few years, there has been a recent debate in the literature on the economic impact of IT. Of particular interest has been the role of the ‘New Economy’ sectors (hardware, software, and communications) in bringing about economic growth and productivity revival in the United States. While on a much smaller scale, Egypt has also witnessed a strong boost to the development of IT in the past few years. One New Economy sector in particular-the software industry, is now viewed as one new area of comparative advantage with very strong potential for the country’s development, especially as the Internet itself has become a channel for software service delivery. In light of the literature on IT and growth, this paper is a preliminary review of the software industry in Egypt, bringing the new economy debate to the Egyptian experience. In particular, the study aims at answering the question: will the software industry lead Egypt into a New Economy? It is an initial study in preparation of a larger research to project different scenarios for the potential impact of IT on Egypt’s growth.
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