Digital Solutions Can Help Even The Poorest Nations Prosper
Among the spending choices for governments of poorer nations, kick-starting the technological revolution may at first seem like a low priority. Compared with critical infrastructure, healthcare, or schools, improved digital access and less waiting times for birth certificates feel like luxuries that should come further down the road, or perhaps be left to private enterprise. But there is reason to rethink this.
Fast economic growth is the best way to reduce poverty. A recent Tufts University study found that digitization is one of the biggest drivers of a nation’s economic success. The report argues that that economic growth is mostly achieved by careful policy-setting—in other words, it’s best driven by government.