The information economy, trade and economic co-operation : insights on Australia, Fiji and Papua New Guinea

Chand, Parmesh. (1986). The information economy, trade and economic co-operation : insights on Australia, Fiji and Papua New Guinea Master's Thesis, School of Economics, University of Queensland.

       
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Author Chand, Parmesh.
Thesis Title The information economy, trade and economic co-operation : insights on Australia, Fiji and Papua New Guinea
School, Centre or Institute School of Economics
Institution University of Queensland
Publication date 1986
Thesis type Master's Thesis
Total pages 81
Language eng
Subjects 14 Economics
Formatted abstract      This study examines some crucial aspects of the emergent information economy within the spectrum economic Co-operation by using a comparative analysis of developed and developing countries: viz metropolitan Australia and Pacific Island Nations (PINs). Fiji and Papua New Guinea are the key countries selected from the PINs for this study.

    It is a basic contention of this study that the emerging information revolution in which the use and control of information -technology represents market power and comparative advantage has accelerated the growth of international economic disparities between developed and developing countries. If the developing countries are to bridge this technology gap which has eventuated due to the information revolution, they can and should harness this new comparative advantage. For this economic integration and co-operation as well as tapping the dynamics of information -technology is imperative.

    The new trade theories are highlighted and insights for promotion of a strategy of trade and economic co-operation are offered to the benefits of the emergent information economy in these metropolitan and island developing macro-economies. The establishment of Free Export Processing Zones with well designed incentive packages to attract the foreign investors with ‘magic packages’ (capital, technology, management, enterprise and marketing) which are eagerly sought by most developing countries has been advocated as a plank in the new strategy.


 
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