ABSTRACT

This chapter explains key strategies and key foundations for economic growth in developing countries. It provides the informational context of growth in developing countries. The chapter presents a model of Information and Communication Technology for Development (ICT4D)-enabled change to explain evidence on Information and Communication Technology (ICTs) and economic growth. It analyzes evidence on ICTs and micro-economic growth and draws conclusions. The chapter explains evidence on ICTs and supply chains and draws conclusions. Economic growth can be measured at different levels and in different ways, but a typical measure is the change in overall wealth of a country. Micro-economic growth deals primarily with improvement to the productivity of processes within individual enterprises – in agriculture, other primary production, manufacturing or services. A central problem for enterprises in developing countries is "information failures": shortcomings around information which hamper productivity and, hence, wider economic growth.