Cisco Blogs


Cisco Blog > Connected Life Exchange

Beyond Broadband Deployment: The Multiplier Effect

By Howard Baldwin, Contributing Columnist

Before he was the chairman of George H.W. Bush’s Council of Economic Advisors, Michael Boskin was my Econ 101 professor. It was from him that I learned about microeconomics, macroeconomics, and their famed multiplier effect — the latter being the theory that money spent creates economic benefits that have ongoing impact beyond the original investment.

In my previous post, Stimulating Economic Growth with Broadband, I talked about quantifying the benefits in terms of what businesses could expect — in essence, the microeconomic view.

Today, looking at a report from Deloitte on 4G deployment within the U.S. market (with applicability anywhere in the world), I’m turning to the more wide-ranging impacts that wireless broadband investment might have for business and the economy — essentially, the multiplier effect of broadband infrastructure investment.

Read More »

Tags: , , , ,