Financing a Forward-Looking Internet for All

Autor(es):
World Economic Forum
Editor: World Economic Forum April 2018Descripción: 34 pTipo de contenido: texto (visual)
Tipo de medio: electrónico
Tipo de soporte: recurso en línea
Tema(s): Economía digital | Empresas | financing landscape | ICT Financing Partners | InternetRecursos en línea: Acceso al documento Resumen: The economic impact on gross domestic product (GDP) of increasing broadband penetration has been well documented. Empirical studies have shown that each 10% increase in internet penetration correlates with an increase of up to 2.8 percentage points in the rate of GDP growth.3 Less discussed are the growth benefits from faster download speeds which, when doubled, result in a 0.3 percentage-point increase in per-capita GDP growth.4 Such findings reflect intuition: faster, high-quality internet permits more intensive uses of the web – from streaming media to the internet of things to self-driving cars – which in turn drives increased productivity, industrial growth and better quality of life. This paper develops a framework of internet “maturity levels” to provide a common vocabulary for the extent to which the internet is incorporated into individuals’ lives, and facilitates discussion between the public, private and civic spheres. It also makes the case that inclusive growth depends not simply on providing internet access, but on supplying access with sufficient quality and speed to support a mature internet ecosystem
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Colección digital Acceso libre online .pdf 1000020174980

The economic impact on gross domestic product (GDP) of increasing broadband penetration has been well documented. Empirical studies have shown that each 10% increase in internet penetration correlates with an increase of up to 2.8 percentage points in the rate of GDP growth.3 Less discussed are the growth benefits from faster download speeds which, when doubled, result in a 0.3 percentage-point increase in per-capita GDP growth.4 Such findings reflect intuition: faster, high-quality internet permits more intensive uses of the web – from streaming media to the internet of things to self-driving cars – which in turn drives increased productivity, industrial growth and better quality of life. This paper develops a framework of internet “maturity levels” to provide a common vocabulary for the extent to which the internet is incorporated into individuals’ lives, and facilitates discussion between the public, private and civic spheres. It also makes the case that inclusive growth depends not simply on providing internet access, but on supplying access with sufficient quality and speed to support a mature internet ecosystem

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