Will new technologies help or harm developing countries?

Trade and technology present an opportunity when they are able to leverage existing capabilities, and thereby provide a more direct and reliable path to development. When they demand complementary and costly investments, they are no longer a shortcut around traditional manufacturing-led development. DANI RODRIK* writes

CAMBRIDGE: New technologies reduce the prices of goods and services to which they are applied. They also lead to the creation of new products. Consumers benefit from these improvements, regardless of whether they live in rich or poor countries.

Mobile phones are a clear example of the deep impact of some new technologies. In a clear case of technological leapfrogging, they have given poor people in developing countries access to long-distance communications without the need for costly investments in landlines and other infrastructure. Likewise, mobile banking provided through cell phones has enabled access to financial services in remote areas without bank branches.

Editor's Comment
Two-tier education system demands action

Whilst we join Botswana Sectors of Educators Trade Union (BOSETU) and other stakeholders in commending the rise in top grades, a testament to the unwavering effort of many teachers and pupils, this progress is fundamentally shadowed by a failing that shames our society. The stark, persistent urban-rural divide is not just a statistic, but an active betrayal of thousands of young Batswana.The figures are a damning indictment. When pass rates in...

Have a Story? Send Us a tip
arrow up