The Strategic use of ICTs in the Ethiopian trade Sector for improved Integration in the Global Economy

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Date

2000-05

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Addis Ababa University

Abstract

The current globalised world is characterized by global production and consumption as well as global competition. The increased importance of information goods and services in international trade is also another feature of the global economy. fC'Fs play the leading role in these new global settings. Although it is believed that leTs provide many opportunities to developing countries, the opportunities provided by such modern technologies and the globalisation process such as technology transfer, new market opportunity, and so on are far being reaped by developing countries. Ethiopia as many of the least developing countries are found to be loosely integrated In the global economy and could not benefit from the opportunities provided by modern lC'Ts. The study also finds that at the micro level the utilization of modern lC'Ts is very poor by business firms engaged in international trade. As a result, it is recommended that Ethiopia can hold a strategic position in the global market place through the employment of lC'Ts in the trade sector to penetrate the international market easily still maintaining the export of its traditional export items. As a result, a sound macro-economic policy is needed that gives priority to the leTs sector.

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Keywords

Information Comunication Technology

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