39th Annual Meeting

Knowledge Seminars
Session 1: Knowledge-Based Economies in the 21st Century

3 May 2006 (2:00 p.m. - 4:00 p.m.)

The development community is increasingly recognizing the importance of knowledge for economic growth and poverty reduction. The traditional view that development depended on natural resources and capital accumulation held true in the transition from agricultural economies to industrial economies, and it still holds true in the transformation from agricultural and industrial societies to knowledge-based societies. However, the technological revolution, centered on information technology, is now reshaping societies based on access to information and knowledge.

In the 21st century, economies are becoming more globally interdependent, introducing a new form of the relationship between economy, government, and society. Increasingly, the main actors in a knowledge-based economy will be those who have the capacity to efficiently generate, process, share, and turn information into knowledge.

This seminar presents the broad framework of knowledge-based economies, including the potential and role of information and communication technologies (ICT) which can be instrumental in supporting sustainable development and economic growth.

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Contact Us

For further information, contact Mr. Daan Boom, tel: (63-2) 632-5260, email:dboom@adb.org