E-Commerce in Globalised Economy: Its Economic Implications in India and Canada

Abstract

The main objective of this study is to analyse importance of e-commerce in economic growth process. Therefore in this paper the attempt is made to examine the economic implications of e-commerce in India and Canada. So we can have a comparative picture of the role of e-commerce in economic growth in developing country like India and a developed country, Canada. E-commerce includes use of Internet and Information and Communication Technology. Both Internet and Information and Communication Technology (ICT) are components of infrastructure. Development of infrastructure directly contributes to economic development. Therefore the objective of this paper is also to study the role of ICT and Internet in economic development of India and Canada.