Abstract
Currently, the global economy revolution relies on Information and Communication Technology, thereby, developing the concept of globalization that affects development according to Unwin & Unwin, (2009). The reason for possible widened gap between the rich and the poor is Globalization that is examined through the emerging "digital slavery" concept. Through the use of telecommunications, in addressing the wide gap, with the availability of ICTs and its use across the world, ICTs is seen to exert on the global economy.
Introduction
The information revolt and the increased spread of knowledge have brought about a new information and knowledge era, which directly affects the world’s social, economic, cultural and political activities. The revolt has made the governments to recognize the role of Information and Communication Technologies in socio-economic development, through putting in place designed plans and policies, to transform their economies into an information and knowledge economy.
Therefore, in computer information systems, telecommunications continues with the offer of unprecedented economic growth opportunities in both developed and developing markets, making computer information systems to become an essential part of how economies tend to work and function.
Background
Telecommunications, through computer information systems is known to be an electronic based information transmission system, which receives processes and retrieves information. Telecommunication has drastically changed the way we think, live and the environment we live in (Waverman, et. al., 2005). In global economic development, telecommunications revolution, through computer information systems are considered to be central with a driving force for globalization implicating on economies.
Telecommunications in the global economic aspect have been seen to be distinctive in extensive and complex, undergoing quick fundamental changes. The results have been through its identity as being, “the world's largest machine," that is complex to visualize and understand different software and hardware subsystems. This has been through the Internet identification as holding of the greatest promise humanity has known by universal access to quality education and long-distance learning for global economy development.
Problem Statement
What telecommunications revolutionary ways, which get to be relevantly identified in computer information systems, through individuals’ use of the Internet and Web get to improve the bottom line business and life quality in the global economy?
Study Aim
The research aims to ensure the identity of the implications, which arise as a result of development of computer information systems, to the global economy through a possible look into the wide access telecommunications and ways telecommunications implicates on the economy. Therefore, this will assist to further bridge the gulf between the have-nots and the haves and the gulf between technology-poor and technology-rich.
Discussion
As an important role that impacts to the global economy, telecommunications offer countries with opportunities windows, to advance industrialization stages and transform economies to high value informed economies, which are competitive on the global market (Unwin & Unwin, 2009). Telecommunications innovation supply infrastructure for trans-world contributing to globalization.
Telecommunications provides an opportunity to access to markets a case for the poor having been impacted on greatly (Wellman & Haythornthwaite, 2008). This is with the prediction that the fissure will be much larger if the poor don’t access the modern telecommunication services, as opposed to the development gap existing between the developing and advanced nations. In the case of African nations, they are considered to be at risk of marginalization if they will not embrace these technologies as a way to assist in transforming their economies
Web and internet access has led to address unprecedented inequalities in communities in the benefits distribution between developed and the less developed countries (Waverman, et. al., 2005). Currently, globalization is not new because the majority of the populations have access to information, which to some level, contributes to global economic development. The inequalities magnitude and intensity that it generates, is what can be considered new.
According to Wellman & Haythornthwaite, 2008, Internet and Web usage, capacity builds humanity towards the global economy development. Through telecommunication in the field of computer information system, an assumption can be drawn that, it is still far from free trade being free. This is an important fact revelation role. In the case of developing countries, distorting export through subsidies, trade and domestically supported agriculture does not make the implications of the free trade pretensions. Similarly, countries that are developed restrict labor-intensive products, which would provide an export boost to developing countries.
Conclusion
In conclusion, the underlying telecommunications and globalization supposition is good for global economic development. This is because it implicates on humanity, life quality, through ways that are not limited to, opportunities provision, availing of information, enabling access to information and capacity development.
Through computer information systems in telecommunications, the combined global fluidity effect of financial capital, foreign investment growth and global corporations’ emergence greatly undermine states economic and political sovereignty. Therefore, an examination of the emerging ‘Digital Slavery’ concept affecting developing countries gets to be addressed, through a highlight of factors responsible.
References
Unwin, T., & Unwin, P. T. H. (Eds.). (2009). ICT4D: Information and communication technology for development. Cambridge University Press.
Waverman, L., Meschi, M., & Fuss, M. (2005). The impact of telecoms on economic growth in developing countries. The Vodafone Policy Paper Series, 2(03), 10-24.
Wellman, B., & Haythornthwaite, C. (Eds.). (2008). The Internet in everyday life. John Wiley & Sons.
