Sunday, January 31, 2016

2016 World Development Report harps on Internet as digital dividend

The World Bank Group and United Nations Conference on Trade and Development (UNCTAD) in joint World Development Report 2016 harped on the digital dividends via the Internet for developing nations, reports ITRealms.

The report due for launch on Monday, February 1, 2016, ITRealms exclusively gathered is co-hosted by World Bank and UNCTAD in Geneva

ITRealms also gathered that the report examined how the Internet could be a force for development, especially for the poor in developing countries. 

The report, ITRealms further learnt documented many profound and transformational effects of digital technology, but find out that the broader benefits have fallen short and are unevenly distributed. 

To ensure that everyone benefits, the report argued that technology adoption will not be enough. 

Countries, for instance, the report said, will need to address the "analogue components", for example by strengthening regulations enabling firms to connect and compete, adapting worker's skills to the demands of the new economy, and ensuring that institutions are accountable.

ITRealms equally gathered that the report partly draws on research undertaken by UNCTAD in the area of the development implications of ICT.

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