Comprehensive Research Paper on the Global Impact of Information and Communication Technologies [ ]

Information and communication technologies are the revelation of this area. Most of people on earth have used at least one of those technologies directly or indirectly. In many developed countries, people could not have their daily work done in isolation of the technologies. Since the development of electronic computers in the 1950s, people have faced many changes at the microeconomic level and at the macroeconomic level. Students of history would realize technology has had many impacts and effects in people lives. This paper explores the global impact of information and communication technologies in many aspects economies, trade, governance, international trade, and managerial practices of organizations. In addition, the paper provides some recommendations and suggestions to government leaders on information and communications technologies strategy. Also, it provides some methods that could be used to improve the economic situation in countries by using information and communication technologies.