Telecommunications Reform and the Emerging ‘New-Economy’: The Case of India
Published By: DSA on eSS | Published Date: September, 12 , 2003Telecommunications reform in recent years in almost all developed and developing
nations created an opportunity to attract foreign direct investment. The investments
have been taking place mainly in the emerging ‘new’ economy sector. The main
drivers of this sector are the information technology (knowledge-based) and the
liberalisation and reform in telecommunications. Among the developing nations, the
Indian economy faired better in attracting foreign direct investment in this sector due to the economic reform measures continued since 1991. In this paper, first, the
economic and the regulatory reforms brought into the telecommunications sector of
India have been addressed. Second, the emergence of the ‘new-economy’ and its
contribution to growth has been investigated. Finally, the challenges for the Indian
economy in managing the newly emerged economic opportunities have been
discussed.
Author(s): Moazzem Hossain | Posted on: Nov 27, 2006 | Views(2127) | Download (861)