The 1st Academic Conference on the Auspicious Occasion of His Majesty the King's 80th Birthday Anniversary: The Importance of Telecommunications Development
NTC Annual Review 2007, Vol. 1, pp. 58-87
38 Pages Posted: 18 Jan 2008 Last revised: 20 Dec 2008
I describe how ICT is essential for developing a nation economically, how ICT contributes to social and political development, and the essential regulatory policies for telecommunications development, including competition, strong regulatory institutions, and competitive safeguards. Studies demonstrate that ICT contributes to economic growth for both developed and developing countries through stimulated investment, improved productivity, and enabling new business. Competition consistently improves telecommunications development, but even more so when coupled with a strong, independent regulatory commission that facilitates market forces.
Keywords: Telecommunications, Development, Regulation, Independence, Competition
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