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MENAFN - Arab Times - 21/01/2014

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(MENAFN - Arab Times) Kuwait ranks better than several strong emerging economies in terms of easy access and use of Internet, according to a new report by The Boston Consulting Group, which also showed that easy access and use of the Internet can dramatically affect the growth of national economies and indicated that the difference between countries with low e-friction and those with high e-friction can amount to 2.5 percent of GDP.

Reducing or eliminating sources of "e-friction" can grease the wheels of the internet economy worldwide.

No economy is entirely frictionless; the sources of friction evolve over time

With an e-friction score of 14, Sweden's internet economy has less e-friction than any other country, followed by Finland, Denmark and Switzerland

 






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