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Essay text:
Not only has productivity growth in non-durable manufacturing decelerated in 1995-9 compared to 1972-95, but productivity growth in durable manufacturing stripped of computers has decelerated even more."
What should be held true - the hype or the dismal statistics? The answer to this question is of crucial importance to economies in transition. If investment in IT (information technology) actually RETARDS growth - then it should be avoided, at least until a functioning marketplace is there to counter its growth suppressing effects.
The notion that IT retards growth is counter-intuitive. It would seem that, at the least, computers allow us to do more of the same things faster...
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Common topics in this essay:
- Exponential smoothing
- Computing
- mobile computing
- The Solow Paradox
- Dna Computing
- Quantum Computing-Yes, No, or Both?
- Exponential Population Growth
- Population Increase- Explosion of People!
- Distributed Computing
- Dna Computing
- Mobile Computing
- Pervasive Computing
- pervasive computing
- Recommendations for Increased Productivity: Mumbai Call Center
- What is Ubiquitous Computing ?
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