High-speed Interne...

High-speed Internet drives economic growth

Report by Global Information and Communications Technology Department of the World Bank and IFC

A World Bank / IFC report by says for every 10 percentage-point increase in high-speed Internet connections there is an increase in economic growth of 1.3 percentage points. The Global Information and Communications Technology Department of the World Bank and IFC has published an online resource for its global report: IC4D, Information and Communications for Development 2009: Extending Reach and Increasing Impact.

The IC4D report examines how broadband and mobile communications are driving economic growth in developing countries. It includes comparative data on ICT performance in 150 economies. IC4D also includes many new ways to measure and compare access, affordability and applications in government and business.

The report shows that access to affordable high-speed Internet and mobile communications are central to economic growth and job creation in developing countries. Launching the report, Mohsen Khalil, Director  of the joint World Bank and IFC Global Information and Communication Technologies Department, said that mobile is “the single most powerful way to reach and deliver public and private services to hundreds of millions of people in remote and rural areas across the developing world”.

The second issue of the series Information and Communication for Development "IC4D 2009: Extending Reach and Increasing Impact"  takes a close look at mobile and broadband connectivity; it analyses the development impact of high-speed Internet access in developing countries and provides policy options with the opportunities and challenges of convergence. The report also presents a framework of e-government applications and discusses various country experiences with the institutional and policy arrangements for e-government and for the development of local IT industry. The common thread running through these topics is the development impact of ICT.

Other findings of the IC4D report include:

·         Access to affordable broadband Internet and mobile phone services enables development across all levels of the economy and society;

·         Governments should work with the private sector to accelerate rollout of broadband networks, and to extend access to low-income consumers;

·         Information technology services industries create jobs, especially among youth;

·         Modern, technology-enabled governments are more efficient, transparent and responsive.

To read the report and download resources, please visit its website.

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