THE IMPACT OF THE INTERNET IN OECD COUNTRIES - 0 views
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simonmart on 26 Oct 12The Internet significantly affects OECD economies at different levels and in numerous different / impact areas. In particular the Internet impacts firms in various sectors, individuals and governments. It / also has some observable general macro-economic effects. / At the firm level, the restructuring of business models in association with use of the Internet has / led to improved efficiencies./ 1/ The impact of the Internet can also be seen in the rapid growth of new firms / founding their businesses on the Internet. The Internet's enhanced communication capabilities are affecting / nearly all sectors of the economy in ways that may be as subtle as making previously hard-to-find data / available online or as profound as transforming an entire market such as is occurring with music, video, / software, books and news. / The Internet is reshaping the way individuals live. It brings benefits of higher consumer welfare / (through a larger variety of digital goods and services, lower prices, improved information gathering, more / distribution channels and so forth). In addition, individuals benefit from a more efficient labour market/ 2/ and, on a broader level, from positive impacts on the environment/ 3/ and in education. / For governments, Internet development enables better communication with citizens, industry and / other organisations. The Internet has also helped governments run more efficiently via improved / information sharing, increased transparency and the automation of various resource-intensive services. / The impacts of the Internet on the individual, firm and government level can be also observed at / the aggregated, macroeconomic scale. Existing empirical studies, including ongoing OECD work, suggest / a positive link between increasing Internet adoption and use and economic growth. Even though the / aggregated effects are still preliminary, the relationship between Internet development and economic / growth, as well as microeconomic ev