Professional Documents
Culture Documents
Advances in ICT
2.
Convergence
3.
Connectedness
4.
1. Advances in ICT:
Advances
2. Convergence
3. Connectedness
On-going globalisation of financial services
facilitated
by roll-out of internet connectivity
Especially
ECNs
3. Connectedness
The proposed merger of the NYSE and
Archipelago
gives NYSE a way into NASDAQ listed stocks,
in which
Archipelago has a 25% market share, and the
growth
business of derivatives trading
supply side and demand side scale
economies are too powerful for
information-intensive industries to
resist digitisation
Global Alliances
NYSE
TSE
EURONEXT
(Paris,
Amsterdam,
Brussels)
Tokyo
Nasdaq/Ame
x
HKSE
Mexico
Brazil
SGX
ASX
Source: ASX
4. Changing Consumer
Trends
Challenges
Challenges
The inequality in the information economy goes
beyond a
division between the developed and developing world
to
intra continent and further intra country divisions.
Specifically divisions arise from the possession of the
knowledge, skills and abilities to contribute to the
information economy.
In the information economy information and
knowledge are the most important factors of
production
Challenges
1.
2.
3.
4.
5.
Cost Implications
6.
2. Human Resources
Development and Employment
Creation:
2. Human Resources
Development and Employment
Creation:
Educational requirements for the information
economy are increasing in complexity yet
most national development programs on the
continent continue to base their employment
creation strategies on the perceived
comparative advantage that comes from
access to large pools of cheap unskilled
labour.
5. Cost Implications(Capital
Outlays):
6. Change Management:
1.
2.
THANK YOU
Open Floor