
The view that the Internet and the information and communication technology (ICT) revolution would deliver a frictionless economy without recessions is, at least for the time being, dead. This book takes stock of the ICT revolution, going well below the surface to ask and answer...

This book is an analysis of the economic effects of the ICT revolution, and answers a few key questions: Did the ICT revolution contribute to the recent divergence in the growth record? And if this is the case, how and why were some countries better equipped to exploit the potential...