The ICT industry has been the driver for economic growth for several years before the financial crisis. The purpose of the paper is to look at the effects of last financial crisis on the ICT industry and how this macroeconomic shock was transmitted to households. Since the cost of capital became...

The ICT industry had a tough start to 2009, with almost all first quarter indicators declining, often very sharply. There are signs of recovery, with the rate of decline bottoming out and turning up in the most recent cyclical data (May/June 2009), with positive month-on-month growth for most...