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The State of the Digital Economy in the Commonwealth

image of The State of the Digital Economy in the Commonwealth
The Fourth Industrial Revolution presents significant opportunities and challenges for the Commonwealth. It has the potential to provide a significant source of new growth for all Commonwealth economies. However, because Commonwealth countries are at different stages in their economic, social and technological development, it will require innovative approaches to both policy and policy-making to narrow the digital divide, overcome the challenges and take advantage of this new age.

This first volume in the Commonwealth Connectivity Series explores some of the issues facing policy-makers in the Commonwealth. It provides policy recommendations that Commonwealth members can use to address the challenges and realise the benefits of the digital age.

English

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Unlocking Investment for Digital Infrastructure and Smart Cities

This chapter maps the digital infrastructure landscape in the Commonwealth, noting a persistent divide between high income and lower income Commonwealth countries. It highlights the need to improve access to electricity before lower-income countries can participate in the digital economy. It considers the impact of digitalisation on the overall functioning of cities and the well-being of their populations, suggesting that the availability of digital technology provides an opportunity for governments to improve efficiency and increase the reach of public services. It concludes with a discussion of the regulatory and governance frameworks necessary to support digital infrastructure investments moving forward.

English

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