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Gains from digital technologies minimal in developing countries – World Bank

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Finger pointing on tablet pc, social media concept

Finger pointing on tablet pc, social media concept

TVC E, TECH – A new World Bank Group report has indicated that despite the rapid spread of digital technologies through the developing world, the anticipated digital dividends of higher growth, more jobs, and better public services are falling short of expectations.

The World Bank report says the rapid digital expansion has been skewed toward the wealthy and 60 percent of the world’s population is excluded.

President World Bank Group Jim Yong Kim says there are many individual success stories in the developing world but the spread of digital technology is still less than expected.

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He suggests investing in basic infrastructure and supporting start-ups, as well as educating all children.

The report says the number of internet users worldwide has more than tripled since 2005 – to an estimated 3.5 billion users.

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