A new world economy characterized by globalization and an increasing emphasis on knowledge has emerged over the past decade. Within the ‘new economy’, knowledge has become the primary driver of economic growth. The economic, social and political landscape in which future development will take place has therefore also changed. This policy brief summarizes the results of three related UNU-WIDER (United Nations University- World Institute for Development Economics Research) projects on ICT (Information Communication Technology) and economic growth. These projects explored the impact of the new economy on development strategies and highlighted policies necessary to achieve knowledge-intensive development, or as are new termed, e-development.