Connectivity, Connectivity, and More Connectivity

Competitiveness in the production of goods and services is directly dependent on the adoption of digital technologies, meaning that having connectivity is vital.

Monday, January 18, 2016

The World Bank is analyzing the impact of the internet and mobile telephony in economic development and the "digital dividend" generated by improving economies in general and the business sector in particular, and its productivity through digital technologies.

From the World Development Report 2016: "Digital Dividends":

"... The report analyses the impact of the internet, mobile telephony and related technologies on economic development. The first part shows that the potential benefits of digital technologies are many, but most of the time they are not realised. The second part proposes policies to extend connectivity, speed up complementary reforms beyond the ICT sector and find solutions to the problems of global coordination.

What is the digital dividend?
Growth, employment and services are the most important benefits of digital investments. The first three chapters show how digital technologies help businesses become more productive; help people find jobs and have more opportunities, and how governments are able to provide better public services for everyone.

See full report by the World Bank.

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