Greece - transition to a knowledge based economy could spur economic growth

Greece slips to a bottom ranking 25th in the Connectivity Scorecard 2010 study.  The country performs porrly across most of the categories. A weak performance on all measures of broadband penetration, speed and advanced broadband infrastructure deployment, coupled with less than satisfactory usage patterns brings the country’s consumer scores down. The business sector also performs very poorly across most infrastructure and usage metrics.

While the inclusion of new metrics (such as actual broadband network performance, ICT investment and IT services spending) does appear to be responsible for Greece slipping to bottom position, it should be noted that the use of different metrics would not have pushed Greece to any meaningfully higher level of performance. Greece is simply one of the weakest countries in Europe in terms of infrastructure deployment, ICT investment and ICT utilization. On a positive note however, the country has tremendous room for improvement and the process of catching-up with its competitors could spur investment and economic growth.

Greece Connectivity Performance by Scorecard Component