ABSTRACT

This chapter seeks to shift the discussion from Whether Institutions to Which Institutions Compared to the theoretical literature, practical advice seem mundane and pedantic. The range of institutions needed to create an effective enabling environment for development is wide, but if one accepts that ICT usage is essential for sustained economic development and that three factors demonstrated to mediate the relationship between ICT usage and economic growth telecommunications infrastructure; and human capital then one place for governments to begin their institution building efforts could be with the institutions. The development of human capital is largely determined by a country's government. Levy and Spiller consider the impact of institutions on telecommunications regulatory structures and economic performance in five countries Argentina, Chile, Jamaica, the Philippines and the United Kingdom. Poor intellectual property protection in countries seeking to obtain ICT through foreign direct investment (FDI) might inhibit MNCs owning important intellectual property from investing in such countries.