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  1. Information Technology Outlook
  2. OECD Information Technology Outlook 2010
  3. Chapters
  4. Recent Developments and Outlook
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OECD Information Technology Outlook 2010
Chapters
Foreword
Highlights
Recent Developments and Outlook
Globalisation of the ICT Sector
ICT Skills and Employment
The Internet Economy in the Post-crisis Era and Recovery
Greener and Smarter: ICTs, the Environment and Climate Change
Smart Sensor Networks for Green Growth
ICT Policy Developments from Crisis to Recovery
Annex A. Methodology and Definitions
Summary
OECD Information Technology Outlook 2008
OECD Information Technology Outlook 2006
Information Technology Outlook 2004
Information Technology Outlook 2002. ICTs and the Information Economy.
Information Technology Outlook 2000. ICTs, E-commerce and the Information Economy.

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Recent Developments and Outlook

Content Provider OECD iLibrary
Organization OECD
Abstract The outlook for ICT production and markets is much better than at the time of the 2008 OECD Information Technology Outlook. The macroeconomic outlook has improved since the middle of 2009, although prospects are for a slow and uneven recovery in OECD countries. Projections, both in general and for the ICT sector in particular, have been successively revised upwards. However, unemployment will remain high in 2010, putting pressure on consumer confidence and expenditures, and government budget deficits are at historically high levels. Macroeconomic forecasts combined with business and consumer sentiment suggest that ICT growth in OECD countries will be slow in 2010 at around 3-4%. It is likely to strengthen in 2011 as business investment picks up sharply, unemployment begins to decline and government and private balance sheets start to improve, but with very different performances across segments and markets. As in the last downturn, there is pressure on OECD ICT employment. ICT markets are also shifting to emerging economies which now have one-quarter of global markets, and the top 250 ICT firms include increasing numbers of non-OECD firms. The long-term global performance of the ICT sector will depend on whether businesses and consumers continue to invest in new ICT goods and services and on the extent to which emerging economies remain decoupled from OECD countries and maintain dynamic growth.
Page Count 43
Starting Page 21
Ending Page 63
Language English
Publisher OECD Publishing
Publisher Date 2010-11-22
Access Restriction Open
Subject Keyword Science and Technology
Content Type Text
Resource Type Chapter
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