Internet matters: The Net's sweeping impact on growth, jobs, and prosperity

editor score
Editor Score:
50
editor score
Quality:
62
editor score
Usability:
35
editor score
Reliability:
60
Asset Type
License
Free
Expiration
Monday, June 20, 2016
Publication year
2011
Industry
IT

This article states the Internet's impact on global growth is rising rapidly. It details that the Internet accounted for 21 percent of GDP growth over the last five years among developed countries studied by MGI, which was a sharp acceleration from the 10 percent contribution over the prior 15 years. Most of the economic value created by the Internet falls outside of the technology sector, with 75 percent of the benefits captured by companies in more traditional industries.

Yegii expert:
Publisher:
McKinsey & Company
Time horizon:
2-5 Years
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