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The Internet, Economic Growth and Governance
Author(s) -
Brady Gordon L.
Publication year - 2000
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/1468-0270.00201
Subject(s) - the internet , order (exchange) , corporate governance , capital (architecture) , government (linguistics) , business , government regulation , ordination , economic system , public economics , economic policy , market economy , economics , political science , finance , law , biology , computer science , geography , ecology , linguistics , philosophy , archaeology , china , world wide web
The Internet developed largely as a ‘spontaneous order’ without central co‐ordination. Further development will increase the mobility of capital and labour and make tax collection more difficult. Attempts at self‐regulation and government regulation are now under way but meddling is likely to be ‘wealth destructive and counter productive.’