Prospects Ict in Bangladesh

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ICT-Driven Knowledge Economy in Bangladesh 1. Introduction Information and Communication Technologies (herein referred to as ICT) consist of hardware, software, networks, and media for collection, storage, processing transmission, and presentation of information in the form of voice, data, text, and images. They range from the telephone, radio and television to the Internet (World Bank 2003a, and 2003b). Today’s economy depends on the increased flow of ideas and information across firms, organizations, governments, and countries nationally and internationally. In the developed countries, ICTs have been the drivers of economic growth (see Jorgenson and Stiroh, 2001, Oliner and Sichel, 2000, Stiroh 2002). Recent economic growth in…show more content…
ICTs have the potential to support the development strategy of “leapfrogging” i.e., bypassing heavy infrastructure building it is possible for a developing economy to transform itself directly into a knowledge economy. For example, during the last half of the twentieth century, substantial achievements in few countries which succeeded in narrowing the economic divide separating them from the industrialized world often involved the export-oriented production of ICTs (Kim, 1997, Hobday, 1995, Amsden, 1989). Although a bright prospect exists for Bangladesh in the export oriented production of ICTs (especially software), the industry is engulfed with many problems: very low telephone density, insufficient number of ICTs as a new tool to attract and teach present and future work force and to improve co-operation with different stakeholders, low pace of computerization in various offices and sectors, absence of cyber laws, power outages etc (Islam, 2005). Therefore, this study will investigate the strength and weaknesses of the ICT industry in this country and suggest measures for the development of a sound ICT infrastructure. The study is divided into the following sections: • Current Status of ICT in Bangladesh • Strengths and weaknesses • Major issues and concerns • Strategies for transition to knowledge-based society • Conclusions and recommendations Methodology: The study is based on secondary sources of
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