| The outstanding performance of the U.S. economy during the last half of the 1990s was primarily due to investments in the information technology and telecommunications sectors, which fueled a period of growth and productivity not seen for many years. But, just as these sectors played a disproportionate role in the expansion years, they also played a prominent role in the subsequent decline. What are the prospects for the future? The good news is that most economists believe growth and productivity will recover strongly and that the major source of this strength will continue to be the IT sector.
The Foundation has examined the issues of the new economy since the dawn of electronic commerce, asking and attempting to answer the question: What public policies will bring the benefits of this technological revolution to the people of the U.S. and the world? The Foundation also focuses on issues surrounding e-commerce, including taxation, privacy and the regulation of the internet.
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