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Internet-based technologies are serving as a catalyst for economic growth and social advancement in the world’s developing economies
Internet-based technologies are serving as a catalyst for economic growth and social advancement in the world’s developing economies, according to a paper released today by the Economist Intelligence Unit. These technologies reduce computing costs, improve transparency in government, make countries more competitive, and provide new ways to reach under-served consumers. Emerging countries that take advantage of the benefits of Internet-based technologies are more likely to help their citizens become richer, healthier, and better educated.
This transformation is detailed in Path to growth: the power of technology in emerging markets, a paper reported by the Economist Intelligence Unit and sponsored by Cisco Systems. From the delivery of public services to the way small businesses find new customers, high-bandwidth networks are helping remove barriers that previously had constrained developing countries.
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