Information Technology Reference
In-Depth Information
Table 6. Employment, total assets and gross value-add of U.S. majority owned foreign affiliates as per-
centage of gross domestic product of selected home countries (Mataloni, 2008)
Gross Value-Add
Employees
('000)
Assets
(million $)
1989
2001
2002
2003
2004
2005
2005
2005
Ireland
12.4
16.6
18.9
18.4
19.5
18.5
89.8
381,943
Singapore
7.8
12.0
11.3
13.2
13.2
15.0
123.6
150,696
Canada
9.5
10.3
9.7
9.8
10.1
9.5
1,106.8
695,945
Honduras
5.6
6.2
6.1
6.6
6.3
5.8
91.2
n.a.
Nigeria
5.7
10.0
9.7
9.8
7.9
6.7
1
n.a.
United Kingdom
6.2
7.1
6.7
6.5
5.9
6.2
1,251.9
2,377,098
Malaysia
4.6
5.8
6.1
6.3
5.3
5.3
120.8
33,098
Hong Kong
4.6
4.9
4.4
5.3
4.8
4.7
110.9
168,928
Thailand
2.5
3.5
3.0
3.2
4.0
3.9
143.1
38,676
Chinese Taipei
1.3
1.2
1.5
1.6
1.7
88.1
80,360
China
0.5
0.6
0.6
0.6
0.7
316.7
44,997
Japan
0.9
0.9
0.9
1.0
1.1
554.8
574,655
South Korea
0.3
1.0
0.9
0.9
1.0
1.0
114.2
56,106
CONCLUSION
REFERENCES
Bangsburg, P.T. (2000). Singapore to meld Inter-
net logistics. Journal of Commerce , (March),10.
In sum, although it difficult to completely ac-
count for the differences in the deployment and
adoption rates of broadband access throughout
the world, a few provisional conclusions can be
made. First, due in large part to the high costs for
the deployment of advanced networks, thus far the
most extensive examples of implementation have
occurred due to strong government involvement.
The governments that have taken an aggressively
pro-ICT approach are motivated to implement
high-speed networks largely for clear economic
reasons: to encourage foreign direct investment
and to realize multiple benefits from transforming
their economies to technological, information-
based ones. Secondly, while it is difficult to show
empirically, particularly through regressional
analyses that the ICT policies of the governments
have led to a sustained level of FDI in these
economies, there are some evidence to suggest
that the governments of Hong Kong, SAR and
Singapore have been successful in their policies.
Barro, R. J. (1997). Economic growth in a cross-
section of countries. The Quarterly Journal of
Economics , (106): 407-443.
Barro, R. J. (1997). Determinants of Economic
Growth . Cambridge: The MIT Press.
Burton, J. (2005, March 21). High speed links
to the Internet encounter consumer slowdown.
Financial Times London .
Business Times (2006, March 25). New GEBiz
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Business Wire (2006, June 26). Singapore iN2015
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Cable and Satellite Asia (1997). No couch pota-
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