Question

In: Economics

Determine an existing or emerging local technology in Fiji and describe its global impact.

Determine an existing or emerging local technology in Fiji and describe its global impact.

Solutions

Expert Solution

The Information, Communication and Technology (ICT) industry is taken into account as one of the foremost competitive and dynamic industries within the world. Fiji has managed to secure its position in attracting some renowned ICT investors to locate their back office operations within the country. The objective for Fiji's ICT industry is to harness Fiji's ideal geographic location, competent workforce and world-class IT infrastructure to market Fiji's capability and competitiveness and make a dynamic, vibrant and wellconnected e-society.

Fiji has competitive advantages during this sector with adequate labor supply, Fiji's good English-speaking populace, Fiji's 93% literacy rate, low cost of doing business in Fiji, easiest place to try to to business within the Pacific with Fiji being the hub of the Pacific, service culture of Fiji and pro-business/consumer policies & legislations being in situ .


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