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     FrontPage Edition: Sat 1 Apr 2006

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Singapore takes second place in WEF's Global IT Report

Source: www.weforum.org

The US regains first position in the rankings of the World Economic Forum's Global Information Technology Report 2005-2006

Singapore, Denmark, Iceland and Finland follow, confirming the ICT dominance of Asia and the Nordic countries

An Excerpt

The United States tops the rankings of The Global Information Technology Report 2005-2006¡¯s ¡°Networked Readiness Index¡± for the third time in five years, maintaining its eminent position as a leader in the area of innovation and confirming its position as an information and communication technology powerhouse.
With record coverage of 115 economies worldwide and published for the fifth consecutive year, The Global Information Technology Report (GITR) has grown into the world¡¯s most respected assessment of the impact of information and communication technology (ICT) on the development process and the competitiveness of nations.
The Networked Readiness Index (NRI) measures the propensity for countries to leverage the opportunities offered by ICT for development and increased competitiveness. It also establishes a broad international framework mapping out the enabling factors of such capacity.
The Report is produced by the World Economic Forum in cooperation with INSEAD and is sponsored this year by Cisco Systems...
Singapore, in second place overall, maintains its commanding position having achieved a top-three ranking for the fourth consecutive year.
Singapore has an excellent regulatory environment, world-class levels of education and training, and a government that is committed to enhancing the use of the latest technologies across all sectors of the economy ¨C all in a context of excellent macroeconomic management and persistent efforts to improve the institutional environment for economic activity...
Asia and the Pacific also do extremely well this year with Taiwan, Hong Kong, Korea, Australia and Japan occupying ranks 7, 11, 14, 15 and 16, respectively.
India broadly maintains its position with respect to last year (at 40th place) while China drops 9 positions to 50th place, widening the performance gap with respect to India.
Especially noteworthy is the showing of Taiwan, gaining 8 positions from last year and entering in the top ten for the first time. The rise of Taiwan as an ICT powerhouse in the last three decades, as a result of intelligent public policies and public-private synergies in the ICT sector, is indeed exceptional and is the object of a specific case study included in the Report this year...

The Global Information Technology Report 2005-2006 consists of five main parts: the first three contain essays written by practitioners, scholars and experts with relevant knowledge and experience in the ICT area.
An update of the Networked Readiness Index is followed by chapters on issues related to networked readiness, productivity-related topics and reports on the varied state of ICT development in Chile, Israel, Korea, Mexico and Taiwan.
The fourth part comprises 115 detailed country profiles, providing a snapshot of each economy¡¯s level of ICT penetration and usage; and the fifth part consists of data tables with country rankings for each variable used in calculating the Index.
The editors of the Report are Soumitra Dutta of INSEAD and Augusto Lopez-Claros and Irene Mia of the World Economic Forum.
More..... (Full Press Release & chart)

Source: www.weforum.org Press Release 28 Mar 2006

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