Open AccessThe correlation between telecommunications and economic development: The essential connection
Author(s) -
Greg Borduas
Publication year - 2014
Publication title -
papers in canadian economic development
Language(s) - English
Resource type - Journals
ISSN - 0833-1871
DOI - 10.15353/pced.v8i0.33
Subject(s) - mandate , variety (cybernetics) , the internet , business , telecommunications , economic impact analysis , economic growth , economic sector , private sector , economics , economic system , economy , political science , engineering , computer science , artificial intelligence , world wide web , law , microeconomics
Much has been written, discussed, debated, advertised and hypothesized about the knowledge-based economy, the need for speed and the effect of the internet on the economy in general. This overwhelming information exchange and speed of change has had a profound effect on the economic development mandate at a variety of levels in the public and private sector. This paper examines the synergies between economic development and telecommunications in rural and urban environments, concluding that in rural settings its impact on economic development has the potential to create significant benefits. Keywords : telecommunications, economic development, knowledge-based economy
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