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VER THE PAST
fifteen years, the world economy and soci-
eties as we knew them have been transformed. China,
India and the nations of Eastern Europe have brought
three billion people into the global market place. Advanced tech-
nology has become more than just bits and bytes. It is now a
democratic tool that lowers the barriers to health, education, and
prosperity by making it easier to share ideas, compete and deliver
solutions.
These changes mean more competition at all levels, but also
far more opportunity. Prospects for growth, prosperity, health and
education are no longer restricted to a few wealthy, developed
nations.
In this new world of global challenges and opportunities,
sustained economic growth and prosperity depends more than
ever on producers, consumers and innovators to be able to connect
with each other. Jobs and growth flourish in nations with a tech-
nologically advanced workforce, policies conducive to free trade,
and modern communications and computing infrastructure.
Governments, businesses and individuals that are determined to
be successful in this new world must innovate, and the public and
private sectors must collaborate to foster these traits and encour-
age an environment of innovation and adaptability.
In short, by working together, we can meet the challenges of the
21st century global market place and harness the power of tech-
nology to create opportunities and ensure growth. Around the
world, nations small and large are embracing technology and
recognizing the potential to participate in an increasingly
connected worldwide economy.
The basics: technology, Internet access and content
In today’s world, nations must encourage the convergence of
three basic components in order to be fully engaged in the digital,
knowledge-based world economy. The availability of technology
tools, access to high-speed broadband Internet, and the devel-
opment of compelling content and services are the keys to greater
economic and social growth.
Broadband Internet connectivity plays a role in the 21st century
economy similar to that of the railroad in the nineteenth. It brings
people, places, goods and services together like never before. Yet
while the railroad took decades of technology innovation and stan-
dards development to become truly viable, we’re more fortunate.
WiMAX, an emerging standards-based wireless technology, offers
an affordable broadband solution to rural areas where high-speed
wire lines are difficult and very expensive to establish, as well as for
last-mile connectivity to homes and businesses in areas of higher
population density. One of the smartest steps any forward-looking
government can take to promote economic progress is to imple-
ment policies that accelerate WiMAX deployment and address
regulatory issues that would otherwise impede widespread usage.
However, access to a broadband infrastructure is not enough.
Even in countries such as South Korea, where advanced commu-
nications infrastructure is widely deployed, the motivation and
ability to use newly available technology are stronger in young,
wealthy, urban and male populations than in elderly, poorer, female
and rural populations. So, while providing broadband access is a
critical first step, the second is to encourage technology deployment
through initiatives that promote information and communication
technology (ICT) usage by citizens, businesses and education.
Affordable access to technology can be a significant driver of
national competitiveness as well. Several government-assisted PC
purchase programmes have proven to be a cost-effective way to
broaden PC use and increase digital literacy.
2
Sweden launched
the first such programme in 1998, and saw PC ownership double
in three years. Saudi Arabia recently launched a home comput-
ing initiative enabling families to pay around USD25 per month
for two years via their phone bill for a PC. The Brazilian
Government’s PC Connectado programme offers tax credits for
home PCs, and aims to add five million PCs over the next three
years. These programmes and others like them are helping to
provide new opportunities for citizens around the world to
connect. Over the long term, this means improved education and
e-commerce, increased national competitiveness and productiv-
ity, and new growth potential. These programmes also enable
citizens to access online government services, enhancing effi-
ciency and allowing the cost of such services to be amortized over
a larger pool of users.
Creating transformations: growth and
opportunity in the new global economy
Craig R. Barrett, Intel
1
Dr Craig R. Barrett, Chairman of the board of Intel Corporation