However, the majority of these benefits have been enjoyed in Developed Countries, not yet reaching many Less Developed Countries (LDCs), despite the potential it could bring to their economies. According to the UN, there are currently 47 LDCs, ‘low-income countries confronting severe structural impediments to sustainable development.’ These countries are highly vulnerable to economic and environmental shocks and have low levels of human assets and therefore, access to technologies could buffer them against crises.
It could also allow them to leapfrog along their current development trajectories. The barriers to technology flow into LDCs are affordability, accessibility, a lack of skilled labour and a need for relevant regulation. Until these challenges are addressed, LDCs and their populations will continue to be isolated from the benefits technology could bring, and worse, the gap could increase further. Consequently, action needs to be taken to ensure technology reaches all communities and here’s how. undefined undefined undefined undefined
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