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Unit 18
New Economy and
New Economy and
New Economy and
E-commerce
E-commerce
E-commerce
新经济与电子商务
新经济与电子商务
新经济与电子商务
University of International Business and Economics
Learning objectives
In this unit students will learn words and
expressions related to e-commerce and new
economy.
Students will be able to talk about the concepts
and issues related to e-commerce and new
economy, like e-commerce security, features of
the new economy, etc.
University of International Business and Economics
Answers to the comprehension
questions
1. What is the direct contribution of ICT equipment and software production
to growth?
The contribution of ICT to US growth from 1996 to 1999 was more than
20% (1.1 percentage points out of a growth rate of 4.9 %). For the two
other Anglo-Saxon G7 countries, the United Kingdom and Canada, the
picture was similar. And despite all the talk that technology would put
workers out of jobs, these dynamic economies have reduced their
unemployment rates to among the lowest in the OECD area.
2. What is the total impact ICT equipment and software production on the
deeper reaches of the US economy?
Productivity figures provide a clue. The long-term trend in productivity
was 1.4% growth per year between 1973 and 1995. This figure more
than doubled to 2.9 % after 1995. The timing of this trend-change
coincides with the emergence of electronic commerce.
University of International Business and Economics
Answers to the comprehension
questions
3. What effect will ICT have on conventional industrial sectors and on
national competitiveness?
Take company procureme
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