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Assignment 3701
Assignment 3701
Islamabad
(Department of Secondary Teacher Education)
Assignment No. 1
Review
In this article, the importance of science and technology and diverse economic pathways
that are responsible for the socioeconomic development of a country during the last decades of
Prior to the onset of 20th century more importance was given to physical resources such
as land, labor or capital. But this notion is changed during the 20th century and the whole world
acknowledged that scientific knowledge and technology plays a vital role in the economic
Directions”, considered technology as a gift from God as it has widened the scope of human
knowledge which is accessible to all human beings equally. Science and technology raised the
living standard of the nations in all the field such as agriculture, health, housing, communication,
transportation and food production. Then various comparisons of the economies, literacy rates
and standard of living of various countries is made. It is estimated that in the regions where the
science and technology is not used more labor force is required still these are unable to meet the
demands like in Africa where 70% of labor force was engaged as compared to US where 3.5 %
labor force was used in food production along with the use of science and technology.
Then there is a statistical comparison of Southeast Asian countries with that of African
countries, the former are socioeconomically more developed than the later due to science and
technology based education and the free market economy. The comparison of South Korea
( Southeast Asian country) where there is free market economy is made with Ghana (An African
country) where Marxist form of economy is practiced. The literacy rate of Southeast Asian
countries is greater than that of sub-Saharan African countries. The low literacy is the major
cause of low life expectancy, poor productivity of agricultural and industrial set up and low
living standard of people of African countries. The reasons for low literacy in African countries
are inadequate funds, lack of trained teachers, lack of foreign exchange, social and
started many programs for the advancement in the field of research, basic science and mutual
collaborations. Despite all of its advantages science and technology also has negative impacts on
the economy of third world countries who’s economy is reliant on raw materials export. But the
overall impact of science and technology surpassed its negative effects. Hence the high literacy
rate, and technology based education along with the free market economy is inevitable for
In recent years many countries such as Brazil, India, China, South Korea and South
Africa are playing their outstanding roles as producers and intermediate powers in the global
economy. Their rapid economic and industrial growth is due to adoption of technical know how
along with strengthening of local technological capabilities. Many Less Developed Countries
(LDCs) have nowadays try to reshape their Science, technology and Innovation policies (STIP).
These LDCs such as Iran can design suitable strategies by following the successful experiences
of developed nations. Researches proved that there is a strong association between ICT
indicators, education indicators and income level of countries. The data analysis suggests that
there is a strong relation of income and participation in education in poorer countries whereas in
wealthier countries income is more closely related with adoption of technology. The relationship
between ICT and education is reciprocal, both affects each other. In improving educational
outcomes low income countries still lag behind. In developing countries digitalization has
become a game changer. Aker and Mbiti (2010) have pointed out that telecommunications,
especially mobile technology has played a transformative role not only in increasing the GDP of
According to Njoh (2017) almost all African countries have seen remarkable growth in
the ICT sector, particularly in mobile subscriptions since the turn of this decade. In lower income
Sub Sahara African countries, mobile phone subscription have grown tremendously by about 400
In developing countries digitalization has also been playing an important role mainly
through lowering communication costs from the early 2000s on. This has played a role in helping
the poor in rural areas with limited access to almost all essential services such as water and
electricity. Also digitalization impacts both the supply and demand sides of the economy in
developing countries. On the supply side, investments in ICT directly enhance productivity and
through improved access to training, education, and healthcare, which in turn fosters overall
economic growth. Thus digitalization has the multifaceted benefits for developing nations.
However, the failure to fully take advantage of the digital revolution is linked to
extractive institutions in these countries (Acemoglu & Robinson, 2013). Samimi, Ledary, and
Samimi (2015) also argued that, in low income countries the effects of digitalization on
economic growth and productivity may take more time because there is no enough competitive
space, and the government is in control of the markets whereas in developed countries markets
are free with less government control. Niebel (2014) also asserts that the impact of digitalization
on economic growth in developing countries differs from developed countries, as the former may
be lacking absorptive capacity, such as, for instance, an appropriate level of human capital and
complementary factors such as research and development (R&D) capacities (also see Keller,
2004).Acemoglu and Zilibotti's argument emphasizes the critical role of workforce skills in
determining the extent to which countries can benefit from technological advancements.
Developed nations typically have a higher concentration of skilled workers, giving them an
advantage in harnessing the productivity gains from new technologies.On the other hand,
Rodrik's perspective offers hope for developing countries, suggesting that while they may face
challenges, they can still experience productivity growth and employment generation through
digitalization.
countries remains open and is subject to various factors such as infrastructure, education
systems, government policies, and access to technology. It's a complex issue that requires
continued research and exploration to fully understand its implications and potential for inclusive
growth.
References:
1.Goksu I and Atici B 2013 Need for Mobile Learning: Technologies and Opportunities.
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3.Digitalization and economic growth: A comparative analysis of Sub-Saharan Africa and OECD