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Use ICT to accelerate job creation.

Governments have been urged to leverage information communication technologies to promote private sector development.

According to the United Nations Conference on Trade and Development (UNCTAD)'s Information Economy Report 2011: ICTs as an Enabler for Private Sector Development, effective use of information and communication technologies by government programmes to support small and medium enterprises (SMEs) will help accelerate job creation and business growth.

The report recommends that governments and their development partners should take a holistic and comprehensive approach to leverage information communication technologies in private sector development.

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"Information communication technologies can reduce the cost of delivering such services, extend their reach and improve the functioning of markets," said Antti Piispanen, counsellor of private sector development of the Embassy of Finland at the presentation of the report content in Windhoek this week.

Hence "to be successful, information communication technologies and private sector development solution need to factor in both user needs in terms of what information and other inputs are needed, possible constraints, aversion of new tools, scarce electricity and unaffordable user charges," the report stated.

The report also features case studies on ICT strategies that worked in some countries as well as best practices, outlines the many challenges enterprises face that reflect the need to make network markets work better and make internal management and production systems more efficient.

The report also identified four facets of the information communication technologies-private sector development interface, which serves as a basis for policy recommendations including tissues of quality, support, productivity and government intervention.

Johanna Absalom

cub@economist.com.na
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Title Annotation:Markets
Author:Absalom, Johanna
Publication:Namibia Economist (Windhoek, Namibia)
Date:Oct 21, 2011
Words:259
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