Information technology revolution impact on the third world countries - Essay Example

Comments (0) Cite this document
Contemporarily, numerous dispensations around the globe have realized the implication of ICT and the pertinent role it takes in the third world nations, or the developing nations. It plays a consummately pertinent role in development of societies, augmenting economies and…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.1% of users find it useful
Information technology revolution impact on the third world countries
Read TextPreview

Extract of sample "Information technology revolution impact on the third world countries"

Download file to see previous pages Besides, one of the signs of the extent of attention and alertness dedicated to information and communication technology globally is its immense contribution to the global GDP, which augmented from 5.5% in the past years to 6.75% contemporarily. Moreover, the size of this sector in the contemporary or present world tallies to 2.5 trillion dollars globally. Furthermore, the implication of ICT on the level of productivity and the GDP is overtly consummate, and a single illustration of this factual statement is the yearly growth rate of prime monetary systems such as the U.S.A., which notably augmented from approximately 1.4% for up to 1995 to the eventual or present 2.3% up to the year 2000.
Notably, this augmentation attributes to the augmented productivity in diverse sectors of the community, with close regard to the ICT contribution of 75%. Moreover, in the Australian monetary system, ICT has augmented productivity in virtually all economic sections by approximately 30%. A further positive implication of ICT on the global perspective is that its industries are effectually aiding in the complete diversification of capital sources and structuring of new immensely paying job opportunities for the people (Chandra 144). Moreover, this reduces the current unemployment rate and notably augments income of a common inhabitant. Saudi Arabia is a conferrable nation in whose case ICT has immensely contributed more than 15% of the GDP.
Additionally, another feature of ICT on the global perspective is that its penetration into diverse fields and dispensations with a general purpose of enabling or activating technology. This happens via ICT providing a ready platform for virtually all sectors of the economy. In this case, it has contributed immensely to numerous sectors of the economy in Saudi Arabia. Moreover, this comes as an addition ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Information technology revolution impact on the third world countries Essay”, n.d.)
Information technology revolution impact on the third world countries Essay. Retrieved from
(Information Technology Revolution Impact on the Third World Countries Essay)
Information Technology Revolution Impact on the Third World Countries Essay.
“Information Technology Revolution Impact on the Third World Countries Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Information technology revolution impact on the third world countries

Information Technology Revolution Impact on the Third World Countries

...Information technology revolution impact on the third world countries Introduction Thanks to the spread of worldwidenetworks, information now can be easily accessed (Jambi 79). The Internet puts out a leveling effect and places diverse individuals on an equal footing, giving them permission to engage in discussions amongst themselves. Thus, people can state that the information technology revolution brings “up to the minute” knowledge. It makes individuals reason as “one”. This “one” relates closely to Averroes' idea of "Virtual Mind". Virtual with...
5 Pages(1250 words)Research Paper

Aids: US Obligation to Third World Countries

...that the dominance of AIDS is likely to increase in African countries over the coming years. Since AIDS is an avoidable disease, its prevalence in African countries as well as other third world countries can be reduced considerably if those countries get financial assistance from industrially developed overseas nations. Therefore, the United States, the largest national economy in the world, has a moral obligation (but not legal) to assist poorly developed global economies in fighting AIDS. Even though the US economy has been struggling for the last few years due to the impacts of global financial crisis...
7 Pages(1750 words)Essay

Third World Countries

...1 Introduction Countless arguments and theories have been forwarded as explanations for the causes of underdevelopment in Third World countries or, as some developmental economists have insisted, chronic and persistent underdevelopment (Pettman, 1996). Some have explained underdevelopment through reference to Wallerstein's world systems theory, others through dependency and still another group through culture and politics. While theorists have tended towards the arguing of a single cause, a critical analysis of the variant explanations forwarded establishes that underdevelopment, as in persistent and chronic underdevelopment, is a consequence of a multitude of factors and not just one. Accordingly, underdevelopment emerges... cause of...
5 Pages(1250 words)Essay

Multinational Corporations in Third World Countries increasingly becoming integrated socially, economically and politically. These is mainly due to advancements in information communication technology( ICT), improvement in transport infrastructure, expedite mass migration and movement of people as well as the trade in goods and services leading to an increased economic activity that has surpassed national markets necessitating the need to exploit markets outside the borders (Jan A S, 2000). Increased technological advancement, liberalized world markets and intense competition has resulted to increased globalization. Third world countries is a term that refers to...
11 Pages(2750 words)Essay

The Impact of over population in third world countries

..., and it's impact on third world countries (Britannica, 2002). Statement: Over population in third world countries is increasing poverty, unemployment and other social ills. POPULATION REVIEW From ancient times, the survival of the cities depended on population, tribes emphasized on maintaining high fertility due to higher mortality rate. Many of such polices were carried out by dutiful marriage incorporated into religion and mythology, such as bible injunction, "be fruitful and multiply", Hindu's Law of Manu. Other ancient prophets such as Zoroastrian also mentioned similar injection to sustain continuation of the...
16 Pages(4000 words)Essay

Child Labour in Third World Countries

...Child Labour in Third World Countries for Fashion Industry Introduction In most of the developed nations, child labour is banned or at least strictlycontrolled and firmly regulated. On the contrary, it remains an accepted way of life, especially among the poor, in many of the developed countries. Consequently, efforts are continuously being made to regulate child labour laws and curtail employment opportunities for children within these countries. For instance, the U.S. Congress has, for a number of times, given consideration to legislation in order to ban imports of goods produced through child labour. In addition, support groups have managed to arrange...
14 Pages(3500 words)Essay


... used and being implemented, Europe is somehow similar to United States, where the government trusts private agencies to run on their own. This is in direct contrast to Japan, where the government controls media and broadcasting (Kofler 1998). Third world and developing countries like Africa also have their eyes on the information age, although it can be reasonably expected that the global competition threat will not be accelerated by African information societies in the near future. It is perceived to ease many countries from feudal societies into the information age despite obstacles such as the lack of telecom capability, power control and brain drain (Menaker 1995). This just shows that digital revolution is not just affecting... ...
16 Pages(4000 words)Essay

Help to the third world countries

...Help to the third world countries Superpower like United States should change how they help third world countries. Instead of giving aids that only provides temporary relief, US should help third world countries help themselves. This could be done by giving more aid towards education. Currently, US is not doing enough because it only donate $2.3 million which is considered as second to the smallest donations. In comparison, other superpower countries such as United Kingdom have donated $676 million while Australia gave $419 million. Clearly US need to change the way...
2 Pages(500 words)Essay

Impact of Infrastructure on Logistics in the Third World Countries which they compete with major countries, to attract and retain customers by customizing products and services, and to restructure their business strategy to obtain competitive advantage over their superiors (Gratzner and Winiwarter, 2003). I. Mail Service As a result of globalization, many third world countries have employed ICT to raise their service capability in an E-business context according to Mason-Jones and Towill (1999). Sauvage (2003) also defends that the firms have improved their operation efficiency, through the continuous implementation of information or automation technologies according to their business...
9 Pages(2250 words)Research Paper

Third world countries

...Running Head: HUMAN RIGHTS The Third World Countries: Human rights Violation Naif Alotaibi of Mount Union Introduction Human rights are the principles and norms that articulate peculiar human behavior. Human rights are protected under law through several bills and treaties worldwide. Internal laws for human rights have been developed and updated by United Nations in Universal Declaration of Human Rights (UDHR) and in European Convention on Human Rights and African Charter of Humans Rights. Ngo NGOs are playing very vital role to foster human rights in the entire globe and they work as watchdog against violation of human rights. Such organizations raise their voice against the observed human rights violation and attempt to help... principles...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Information technology revolution impact on the third world countries for FREE!

Contact Us