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The Application of Information and Communication Technologies in the Least Developed Countries for Sustained Economic Growth

image of The Application of Information and Communication Technologies in the Least Developed Countries for Sustained Economic Growth

A lot has been said about the digital divide that exists between the developed and the least developed countries (LDCs). Yet so little is being said about the opportunities that exist in the ICT Sector in the LDCs. This report takes a very close look at this group of countries and advances the argument that ICTs can play a catalytic role in getting these countries out of their current poverty trap. In that respect, a win-win outcome for both the investor and the countries is not in question.

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Executive Summary

This report discusses the role of ICTs in economic growth, and looks at the current state of information and communication technology in LDCs then makes projections on ICTs growth in the next ten years. It also explores the body of evidence that links ICTs to economic growth and its indirect impact on poverty reduction. What makes ICTs a crucial input factor towards poverty reduction is its impact on economic growth, which in turn is the fundamental element in the reduction of the LDCs incidence of poverty.

English

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