Abstract
This article assesses the way in which emerging new technologies could enhance development prospects. To do this, it first presents a long-term view of the relationship between the techno-economic sphere and the socio-institutional framework, defining the present period as one of transition and structural change. It then outlines the main characteristics of the technological revolution based on microelectronics. It finally argues that these characteristics will offer a completely new range of opportunities for reshaping development strategies.
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