VALUE OF INFORMATION NETWORKS
Information networks contribute to economic and social welfare. The relationship between investment in information infrastructure—telecom and computer networks and their components—and a nation’s economic development and performance is well established in principle. A variety of econometric studies confirm the nature and strength of the relationship.
Details may vary from one economy to another and among sectors of a particular economy, but investment in information technologies will increase productivity, rates of economic growth, job
creation, international competitiveness, and general efficiency in use of resources.
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