This paper investigates the economic effects of the ICT revolution. In this regard, economic impacts of ICT are evaluated by touching various segments of social and economic spheres that are deeply affected by the ICT revolution. Further, we present summary of a comprehensive survey of previous studies in the literature on the relationship between economic growth and ICT. Then, we examine the ICT sector in OECD area in general and specifically in Turkey. Depending on the results of all these attempts, we propose some policy suggestions for Turkey.
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