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- Information Economy Report 2011
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Promoting private ICT-sector development
- Author: United Nations Conference on Trade and Development
- Main Title: Information Economy Report 2011 , pp 45-64
- Publication Date: February 2012
- DOI: https://doi.org/10.18356/9477f31c-en
- Language: English
A dynamic ICT sector contributes to making the private sector more productive and competitive. It creates new jobs, spurs innovation, and – not least – supports sustained use of ICTs throughout the entire economy. Recent studies confirm that even in low-income countries, a thriving ICT sector can make a major contribution to economic growth. Kenya is interesting in this context. Its ICT sector has been the main driver of economic growth over the past decade. Since 2000, this sector has grown annually by more than 20 per cent, and it was responsible for a staggering 24 per cent of Kenya’s GDP growth during that period (World Bank, 2010b). Moreover, thanks to technological change and the birth of new business models, many employment opportunities are emerging in the ICT sector in low-income countries. As part of their efforts to promote PSD, Governments and other actors are increasingly considering how best to tap into these opportunities.
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