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E-Commerce Global Tech

The Vast Implications of the Networked Economy

Connections are changing the world. The connectivity enabled by the Internet has huge implications for the very structure of the global economy. While estimates of the Net's contribution to economic output vary, it's generally thought that it exceeds individual industry sectors like education, agriculture, and energy. The total value of transactions occurring today online are more than all but three or four of the world's largest national economies. In the past few years, many governments have recognized that there are momentous opportunities to increase their own GDP growth through e-commerce and digital channels, despite the economically challenging times. Data, it is generally agreed, is central to everything.   More