By Carin Holroyd, Ken S. Coates
This ebook explores the intersection of public coverage and the quick altering electronic media economic system. over the past twenty years, electronic applied sciences and electronic content material have revolutionized many features of social, monetary and political lifestyles world wide. Governments, locked into the rules and courses of the normal economic system, are suffering to answer this dynamic and commercially distinct international surroundings. This learn examines the character and volume of the electronic economic system, taking a look at either the economic range in the area and the various electronic implementations internationally. whereas the electronic engagement of North the US is celebrated, the dimensions and depth of electronic progress in East Asia isn't really absolutely understood no longer are the transformative alterations happening in elements of Africa. The electronic international is marked via the unforeseen and fast re-orientation of financial, social, cultural and political opinions. The digitization of labor, for instance, has already introduced significant disruptions inside of nationwide economies. Governments are suffering to reply, partially as a result of pressures from the normal commercial and source sectors but additionally a result of designated, slightly anarchistic nature of the electronic content material undefined. the worldwide electronic economic system offers a profile of the worldwide electronic setting, studies present govt electronic rules (with an emphasis on leading edge strategies), and gives coverage feedback for nationwide and subnational governments. international locations that reply creatively to the electronic economy--like Taiwan, South Korea, Finland and Israel--stand to prosper from the predicted sped up development of the sphere. these countries that fight to maintain speed with the electronic infrastructure wishes of the hot economic system and with the potential of employment and enterprise construction stand to fall in the back of economically. This ebook offers a coverage roadmap for the electronic financial system and identifies the dangers and possibilities of this center quarter within the twenty-first-century economic system.
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16 The Global Digital Economy Notes 1. Moises Naim, The End of Power: From Boardrooms to Battlefields and Churches to States; Why Being in Charge Isn’t What It Used to Be (New York: Basic Books, 2013). 2. Nicco Mele, The End of Big: How the Internet Makes David the New Goliath (New York: Basic Books, 2013). 3. W. Norton, 2014). 4. , chapter 1. 5. “Social Media and the French: Nous twitterons,” Economist, 10 August 2013. 6. com/id/102029070#. Chapter 1 The Second Wave of the Digital Revolution What are digital content and digital media?
Digital content —much more than manufactured items—capitalizes on language and cultural understanding and often requires considerable localization in order to be effective. The key challenges in the commercialization of digital content are not technological but cultural and linguistic. A blogger writing about national politics in New Zealand is unlikely to find much of a market in Cambodia. A digital artist expressing dismay about rapid industrialization in the Shanghai region can find thousands of potential consumers within the region but smaller numbers in the rest of the world.
Com. Some of the leading mobile Internet sites are nation specific and are little known outside their nations of origin. com. com. 32 The Global Digital Economy The Japanese list contains a significant number of Englishlanguage-content sites. com. com. com. org. 0 million Microsoft services The digital universe is a fluid space where companies rise and fall, services come and go, trends wax and wane. People are spending more time online but are shifting their use, for example, from e-mail to social networking.