Download or read book Internet, Economic Growth and Globalization written by Claude E. Barfield and published by Springer Science & Business Media. This book was released on 2012-11-02 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dynamics of the digital economy in the US, Europe and Japan are rather different. Some EU countries come close to the USA as the leading OECD country in the new economy, but Japan faces particular problems in catching-up digitally. Information and communication technology will affect productivity growth, production, the financial system and trade. Setting adequate rules for the digital economy - at the national and international level - is a key challenge for industrialized countries. Moreover, cultural and organizational challenges will also have to be met.