How Does Telecommunications Technology Contribute to Economic Growth?
Using current information, computer, and telecommunications (ICT) technology to broaden their economic development horizons presents significant problems for communities worldwide, particularly in rural regions. The ability to employ cutting-edge technology to enhance performance in public and private sector organizations is frequently underdeveloped compared to metropolitan areas with greater economic prosperity. Access to these technologies is often unequal and constrained. Despite significant hurdles, there are several opportunities for employing information technology to promote economic and communal development in rural regions. Telecommunications accounted for up to 37% of yearly increase in the economy's overall productivity and, on average, 25% of annual productivity growth between 1975 and 1991. Ways To Promote Economic Growth Through Telecommunications Many companies and public sector organizations worldwide have effectively tapped into cutting-edge information and c...