Arguments for ICTs in Dev

From Wiki4dev

Leonard Waverman of the London Business School has compared the impact on GDP of increases in teledensity (the number of telephones per 100 people) and the primary-school completion rate. He found that an increase of 100 basis points in teledensity raised GDP by about twice as much as the same increase in primary-school completion. As Dr Waverman acknowledges, however, his calculations do not take into account the respective investment costs—and it is the cost of ICTs that makes people such as Mr Gates so sceptical of their applicability to the developing world.- The Economist, March 12, 2005 "Behind the digital divide"