Friday, October 2, 2009

E-Commerce in the developing world?

Is e-Commerce good for the economy of developing countries?
In my opinion E-commerce is the future of our world and will defiantly improve the economies' of developing countries. The Ability to purchase products and provide products to customers in remote locations will allow for growth and allow for economic growth because people will now be conducting business with people they did not have the ability to conduct business with. This fact alone will promote growth and assuming that all the barriers are effectively solved or at least at the same levels as the developed world. The more people spending money and at the same time saving money will create more need for people to provide different products and services for people to expand. The economic growth will be large and will allow these developing countries to start to solve some of their problems such as improved mail systems. E-Commerce is the future and bringing e-commerce to the developing countries will give them the opportunity grow and connect with the developed world. The cost initially will be large but the profits will defiantly be immense.

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