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Denmark most networked economy: Report

India at 50th position

Our Bureau

Bangalore, April 9 The Global Information Technology Report 2007-08, released on Wednesday by the World Economic Forum, said among the most networked economy in the world India is down four places in a constant sample at position 50th, while China has improved five positions in a constant sample to 57th.

Among the Asian economies, Republic of Korea moved up 10 positions to the 9th position, while Singapore is at position 5th, Hong Kong at position 11th, Australia at position 14th, Taiwan at position 17th, and Japan at position 19th.

The report said Denmark is the most networked economy in the world, followed by Sweden and Switzerland. The other Nordic countries also continue to show their prowess in leveraging ICT for increased competitiveness, with Sweden, Finland, Iceland, and Norway at 2nd, 6th, 8th, and 10th position, respectively, the report said.

Covers 127 economies

Published for the seventh consecutive year and covering 127 economies the report is a comprehensive international assessment of the impact of ICT on the development process and the competitiveness of nations.

This year’s report places a particular focus on the role of networked readiness in spurring innovation through topics covered in the analytical chapters.

Three dimensions

The Networked Readiness Index (NRI), featured in the report, examines how prepared countries are to use ICT effectively on three dimensions: the general business, regulatory and infrastructure environment for ICT; the readiness of the three key stakeholder groups - individuals, businesses and governments - to use and benefit from ICT; and their actual usage of the latest information and communication technologies available.

The NRI uses a combination of data from publicly available sources, as well as the results of the Executive Opinion Survey, a comprehensive annual survey conducted by the World Economic Forum with its network of partner institutes in the countries included in the report.

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Denmark most networked economy: Report


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