Washington D.C. headquartered World Bank released its annual World Development Report (WDR) titled “Digital Dividends” with a focal point on the impact of theInternet, mobile phones and communication technologies (ICTs) on economic development.
- The 350 plus page report by a 15 member team led by co-directors,Deepak Mishra and Uwe Deichmann took two years for completion.
- The WDR 2016 is an answer to two questions: why should we focus on promoting digital technologies and how to achieve the digital dividends.
The report noted that the internet, mobile phones and other digital technologies areaccelerating its speed throughout the developing world but digital dividends of higher growth, more jobs and better public services have fallen short of expectations.
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