Increasing broadband penetration
It does help in a big way. You have quoted the World Bank metric, which is reflective of aggregate values. I don't remember the source (possibly McKinsey?), but there are micro metrics for each sector of economic activity as well. For instance, while the aggregate effect on the economy is smaller, broadband penetration to.
OECD broadband statistics update - OECD
Broadband and telecom
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The ICT sector can significantly impact the economic and social development through creation of new jobs, new technologies, new applications and services, with billions of dollars of revenue worldwide. Furthermore, ICT as an infrastructure can foster development of other economic sectors through services such as. See Gordon, See Jorgenson et al., a, and van der Ark et al., See van der Ark et al., See Barro, According to this theory , driven by network effects, the economic impact of broadband increases exponentially with the penetration of the technology.
See further references in Sections.
Introduction
Description:Of every inhabitants, 6. The broadband market in the UAE remains one of the most advanced regions worldwide, and is the global leader in fiber. Lebanon has consistently trailed behind, but is expected to improve significantly in coming years with a focus on increasing fiber networks. Bahrain and Israel both have high broadband penetration, with services available via ADSL, cable, and fiber optic platforms, as well as wireless broadband. Lack of rural broadband availability continues to impede on the prospect of a fully penetrated fixed broadband market. For example, the Council of Economic Advisers to the White House issued a brief pointing out how broadband access helps Americans cross the so-called digital divide.
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