The Connectivity Scorecard is the first index to examine quality and quantity of ICT usage and infrastructure and to link it to a country’s social and economic prosperity.
26 ‘Resource and Efficiency Driven’ and 26 ‘Innovation Driven’ economies are studied (as defined by the World Economic Forum (WEF))*.
The first step taken is to divide the economy into 3 ‘pillars’, business, consumer and public sector and assign weights to these pillars. The greatest weighting is given to the business ‘pillar’ since it is a key contributor to productivity growth.
For each component of the scorecard countries are benchmarked against the best-in-class in their tier. Low scores reflect gaps in a country’s infrastructure, usage or both. (see table 1 below)
Results indicate there is a real opportunity to add hundreds of billions of dollars in economic benefit by rethinking how countries measure and enable connectivity. Not even the world’s richest economies can afford to be complacent.
*For more information on the WEF classification system go to: http://www.weforum.org/issues/global-competitiveness
The Global Competitiveness Report 2012-2013, page 10
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