---
title: The Development of the Digital Economy
description: Countries that earnestly work towards developing their digital economy can accelerate their economic growth, create jobs and increase their standard of living.
---

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Thought Leadership White Paper on:

The Development of the Digital Economy

 

### **![The_Development_of_the_Digital_Economy.png](https://info.avasant.com/hs-fs/hubfs/The_Development_of_the_Digital_Economy.png?width=320&name=The_Development_of_the_Digital_Economy.png)How can developing countries reap digital dividends?**

Digital technologies have proliferated rapidly in the last two decades. Internet penetration and mobile phone adoption has increased; a number of new digital tools that aid businesses, consumers and governments have been created. While growth of digital technologies has been significant, there is still a major gap that needs to be bridged.

The difference in deployment and leverage of digital technologies between developing and high-income countries is still stark. This digital divide is leading to a number of lost opportunities for several developing countries and is impeding faster growth of their economies, resulting in lower levels of job and wealth creation. Download the rest ------------>

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