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
Salakae-DCEC public war serves neither justice nor Botswana

When institutions trade accusations with suspects, citizens begin choosing sides before the first witness enters the box or testifies.Salakae and six others are due to appear in court over allegations linked to the Ghanzi–New Xade road contract.The State alleges that the Member of Parliament for Ghanzi received cash, a Toyota Fortuner and bush-clearing services in return for influencing the award of the contract. However, Salakae denies...

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