ABSTRACT
[T]he explosion of Electronic Commerce on the Internet [is] creating huge opportunities for businesses, governments, industries and entire countries to transform themselves. At the same time, these developments have resulted in new threats – the same businesses, governments, industries and countries now face the risk of being marginalised if they do not respond to the changes taking place around them… . the pace with which developments take place in the new networked world means that even if the right actions are identified and execution begun, those who move too slowly will be overtaken by others who can make the commitment to move at Internet speed. 2
