From the Press Release:
"The open character of the way knowledge is spread over the Internet, and the way electronic communications make distance and national borders much less relevant in carrying out business and related financial transactions, holds promise for economic progress in poor countries, a new UNCTAD report says.
Information and communication technology (ICT) can deliver such vital efficiency gains that it is changing the basic patterns by which businesses operate and economies grow, the Information Economy Report 2007-2008(1) concludes. ICT allows new modes of organization of production and consumption through wireless communication largely independent of distance, resulting in more flexibility, less-expensive transactions, and faster and more accurate communication between economic agents." Source: United Nations
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