ICT for Economic Growth Information and communication technologies (ICT) can serve as fundamental enablers for the global economic recovery according to the World Economic Forum whitepaper ICT for Economic Growth: A Dynamic Ecosystem Driving the Global Recovery.

Demonstrating the importance of ICT as a catalyst for growth, the report highlights the industry’s complex and interdependent relationships, new collaborative business opportunities and the need for stable policy frameworks to ensure sustained investment, innovation and fair competition.

The positive correlation between the adoption of ICT and macroeconomic growth is one of the focal points of the analysis. Whether from the rapidly expanding adoption of mobile telephones – particularly within emerging economies – or the impact of ubiquitous broadband access, the economic dividend from ICT is significant.