There is a wealth of recent evidence suggesting that the Internet can contribute significantly to the economy, economic growth, job creation, and innovation in the development of new services and applications. For example, a 2011 analysis of 13 countries by the McKinsey Global Institute found that the Internet contributed 11 per cent of growth over the past five years. This important topic is examined in a report by the Broadband Commission for Digital Development, ‘Broadband: A Platform for Progress’, published in June 2011 (see June 2011 issue of ITU News).
The range and quality of services that can be offered over the Internet is greatly enhanced by faster data rates. High-speed infrastructure is surely a win-win situation – good for consumers, who enjoy greater choice of services; good for governments and national competitiveness in their communications infrastructure and ability to attract foreign direct investment and create jobs in diverse sectors; and good for industry, where...
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