Green Transformation as New Direction for Techno-Economic Development

This chapter argues that the ongoing debate about the green transformation and latecomer development must consider two key conditions. First, it must recognize that the green transformation is primarily a direction-driven phenomenon, shaped by aspirational, political, and institutional changes, rather than a technology-driven phenomenon per se. Second, it must acknowledge the potential of information and communication technology (ICT) to both accelerate and deepen the green transition and to foster latecomer development. Governments may unlock crucial synergies and opportunities by pursuing green development with the power of ICT.