The Economist Intelligence Unit (EIU), based in London, UK, is the independent business relations arm of The Economist Group, offering economic and business research, in addition to related forecasts and evaluation.
The latest Technology Readiness Ranking builds on the success of The EIU’s long-standing Business Environment Ranking, which measures the attractiveness of the world’s 82 largest economies as investment locations.
For the Technology Readiness Ranking, these 82 business environments are assessed on their “future orientation” using eight indicators in three categories.
These are namely: Internet access based on cell phone usage and subscription; digital economy infrastructure, specifically e-commerce, e-government and cybersecurity; and openness to innovation, similar to research infrastructure and R&D spending.
“In line with this strong growth outlook, EIU expects that greater than half of the 82 countries included in our index will see an improvement of their web usage performance between the historical rating period (2013-2017) and the forecast period (2018-22), – said the EIU.
“The EIU expects particularly large jumps in access to India, the Philippines, Ecuador and Malaysia,” he added.
Australia, Singapore and Sweden topped the brand new EIU technology readiness rankings.
At the underside of the index were Libya and Angola, where corruption and weak institutions “hamper investment in infrastructure,” says the EIU.
Below are the Southeast Asian rankings listed on this bracket:
Source : Philstar.com
