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Publisher ‏ : ‎ Springer; 1st ed. 2020 edition (October 10, 2020)
Language ‏ : ‎ English
Hardcover ‏ : ‎ 361 pages
ISBN-10 ‏ : ‎ 9811542058
ISBN-13 ‏ : ‎ 978-9811542053
Item Weight ‏ : ‎ 1.57 pounds
Dimensions ‏ : ‎ 6.14 x 0.81 x 9.21 inches

The Role of IT-ITES in Economic Development of Asia: Issues of Growth, Sustainability and Governance

Information Technology (IT) and Information Technology Enabled Services (ITES) have played a crucial role in driving economic development in Asia over the past few decades. The rapid advancements in technology and the increasing digitalization of economies have led to the emergence of a thriving IT-ITES sector in the region, contributing significantly to GDP growth, job creation, and innovation.

One of the key issues in the growth of the IT-ITES sector in Asia is the need for sustainable development. As the demand for IT services continues to grow, there is a need for sustainable practices to ensure that the industry does not have a negative impact on the environment. This includes reducing carbon emissions, promoting energy efficiency, and implementing green technology solutions.

Another issue that needs to be addressed is governance. As the IT-ITES sector continues to expand, there is a need for effective governance mechanisms to ensure that the industry operates in a transparent and accountable manner. This includes regulations to prevent monopolistic practices, protect consumer rights, and promote fair competition.

Furthermore, the growth of the IT-ITES sector in Asia has raised concerns about job displacement and income inequality. While the industry has created millions of jobs, there is a need to ensure that these jobs are sustainable and provide fair wages and benefits to workers. Additionally, there is a need to address the digital divide and ensure that all segments of society have access to the benefits of IT-ITES.

Overall, the IT-ITES sector has the potential to drive economic development in Asia and contribute to sustainable growth. However, it is important for policymakers, industry leaders, and other stakeholders to address the issues of growth, sustainability, and governance to ensure that the sector continues to thrive and benefit society as a whole.
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