Kofi A . Annan Secretary - General of the United Nations

Note Symbols of United Nations documents are composed of capital letters with figures. Mention of such a symbol indicates a reference to a United Nations document. The designations employed and the presentation of the material in this publication do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries. Material in this publication may be freely quoted or reprinted, but acknowledgement is requested, together with a reference to the document number. A copy of the publication containing the quotation or reprint should be sent to the UNCTAD secretariat. The Trends and Executive Summary contained herein is also issued as part of The Electronic Commerce and Development Report 2001 Foreword The emergence of electronic commerce over the past decade has radically transformed the economic landscape. For developing countries, the digital revolution offers unprecedented opportunities for economic growth and development, as entrepreneurs from Bangalore to Guadalajara to Dakar will testify. On the other hand, countries that lag behind in technological innovations risk being bypassed by the competitive edge of those using the new technologies. The Electronic Commerce and Development Report 2001 reviews trends that developing countries need to be aware of as they try to position their economies to take advantage of ICT and the Internet. It provides basic facts and figures about electronic commerce and discusses the impact on sectors of particular relevance to developing countries. It also suggests, with concrete examples, ways in which developing countries can create the necessary enabling environment for e-commerce. The ICT age has dawned, but not yet for all. This Report, which will serve as a useful reference for the United Nations Task Force on ICT, aims to help policy makers and practitioners in developing countries understand the nature of the network economy, and develop the infrastructure, capabilities , flexibility and openness with which they can reap its benefits. As a contribution to our collective efforts to unite the great promise of ICT with the needs of the poor, it merits the widest possible readership.