Technical progress, liberalisation and globalisation bring unprecedented new opportunities for economic and social well-being around the world, but also give rise to pressures and challenges. With the advancement of information and communication technologies (ICT), firms and individuals have gained the tools to access and diffuse codified information on a massive scale. This has made ICT the most formidable "general purpose technology" of our time, with a potential to raise efficiency and enhance societal progress across the board.
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