The latest Global Information Technology Report demonstrates that infrastructure is only half of the battle in creating a networked nation.
By Bruno Lanvin, Executive Director of the INSEAD European Competitiveness Initiative and Executive Director for Global Indices and Beñat Bilbao-Osorio, Senior Economist of the Global Competitiveness and Benchmarking Network, World Economic Forum with INSEAD Knowledge
With 90 percent of its population online, high levels of technological innovation and the concerted efforts of governments business and individuals investing in ICT,Finland once again tops the ranking of the most network-ready countries in the Global Information Technology Report (GITR) 2014 , produced by INSEAD, the World Economic Forum and Cornell University.
It also has something in common with Singapore (2nd), Sweden (3rd), the Netherlands (4th), Norway (5th) and Switzerland (6th). All of these advanced economies have maintained the same leading positions as 2013. Two more Asian countries have nudged into the top 10, with Hong Kong jumping six places to 8th and South Korea moving from 11th to 10th. The United States has risen slightly (to 7th from 9th) and the United Kingdom has fallen two places to 9th.
|Hong Kong SAR||8||14|
|Rep. of Korea||10||11|
Despite these minor shuffles, the story of the winners and losers in ICT-readiness is also a story of ICT inequality. The digital divide between developed and developing countries is widening as emerging nations, despite large investments in ICT, are failing to reap the same big economic and social benefits from technology as their more developed cousins.