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Increasing prosperity and global GDP Position1 #121648 Cyberspace is acting as a prosperity multiplier. It is estimated that for every 10% increase in broadband penetration, global GDP will increase by an average of 1.3%.

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London Conference on Cyberspace »London Conference on CyberspaceLondon Conference on Cyberspace☜The London Conference on Cyberspace – held at the Queen Elizabeth II Conference Centre on 1-2 November 2011 – launched a global dialogue to develop a better collective understanding of how to protect and preserve the tremendous opportunities that the development of cyberspace offers us all.☜F1CEB7

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Thematic debates »Thematic debatesThematic debates☜Thematic debates explored at the London Conference on Cyberspace.☜5CD992

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Economic growth and development »Economic growth and developmentEconomic growth and development☜How can the benefits of a secure cyberspace for international economic growth and development be realised?☜FFB597

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Economic benefits »Economic benefitsEconomic benefits☜What are the economic benefits of cyberspace?☜FFB597

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Increasing prosperity and global GDPIncreasing prosperity and global GDP☜Cyberspace is acting as a prosperity multiplier. It is estimated that for every 10% increase in broadband penetration, global GDP will increase by an average of 1.3%.☜59C6EF

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21% of mature economies GDP growth over past 5 years due to internet »21% of mature economies GDP growth over past 5 years due to internet21% of mature economies GDP growth over past 5 years due to internet☜The Internet accounted for 21 percent of the GDP growth in mature economies over the past 5 years.☜98CE71

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Rising living standards linked to maturity of the Internet ecosystem »Rising living standards linked to maturity of the Internet ecosystemRising living standards linked to maturity of the Internet ecosystem☜There is a clear connection between the maturity of the Internet ecosystem and rising living standards.☜98CE71

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Link[1] The impact of the web

Author: Alan Charlton - British Ambassador, Brasilia
Cited by: David Price 11:39 AM 25 October 2011 GMT
Citerank: (1) 121650$1 trillion cost per year to the global economyThe annual cost of cybercrime to the global economy could be as much as $1 trillion.959C6EF
URL:

http://blogs.fco.gov.uk/roller/charltonenglish/entry/the_impact_of_the_web

Excerpt / Summary

In just over a decade, cyberspace has changed the way we live and work. In 1995, there were 16 million internet users. Today, there are nearly 2 billion – of which most are from developing countries.

This rapid development of a globally networked world offers enormous economic and social opportunities. The Web’s capacity to increase prosperity, democratic accountability and transparency - as well as empower individuals, communities and societies - is unparalleled in history. It is estimated that for every 10% increase in broadband penetration, global GDP will increase by an average of 1.3%.

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Entered by:- David Price
NodeID: #121648
Node type: Position
Entry date (GMT): 10/25/2011 11:38:00 AM
Last edit date (GMT): 10/30/2011 4:36:00 PM
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