Increasing 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%.
CONTEXT(Help)
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London Conference on Cyberspace »London Conference on Cyberspace
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Thematic debates »Thematic debates
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Economic growth and development »Economic growth and development
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Economic benefits »Economic benefits
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Increasing prosperity and global GDP
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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 internet
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Rising living standards linked to maturity of the Internet ecosystem »Rising living standards linked to maturity of the Internet ecosystem
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- CitationsAdd new citationList by: CiterankMap
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
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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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CONTEXT(Help)
-
London Conference on Cyberspace »London Conference on Cyberspace
▲
Thematic debates »Thematic debates
▲
Economic growth and development »Economic growth and development
▲
Economic benefits »Economic benefits
■
Increasing prosperity and global GDP
●
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 internet
●
Rising living standards linked to maturity of the Internet ecosystem »Rising living standards linked to maturity of the Internet ecosystem