Developing countries boosted by e-business

E-business will achieve sustained growth, at least in the short term, in developed and developing countries alike, according to...

E-business will achieve sustained growth, at least in the short term, in developed and developing countries alike, according to the annual e-commerce and development report from the United Nations.

The report, published this week, said case studies on Costa Rica and India demonstrate how e-services can contribute to enhancing export competitiveness and producing high value-added services that boost the local economy.

In order to seize such opportunities, the report said, developing countries and their partners must address such issues as market access and domestic bottlenecks in technology, payments, telecommunications and meeting acceptable standards.

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