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GLOBAL ELECTROINIC COMMERCE AND ITS IMPACT ON THE ECONOMY OF THE NEW EMERGING MARKETS

This study discusses the potential of electronic commerce (EC) and its impact among the newly emerging economies and the changing landscape of businesses. In assessing the global impact of EC, the study examines the different areas of EC in which Information Technology (IT) can play a vital role with a focus on access and use of infrastructure, global competitiveness and trade, the changing landscape of business with reference to India and Philippine, and trends in financial transactions.