An IDB report - see below - pegs Guyana at the bottom in average speed of Internet services among Latin American and Caribbean countries, yet it is only behind Belize and Bolivia as the costliest. On the Broadband Development Index Guyana ranks low. Note that the metrics chosen are on the basis of four pillars: public policy and strategic vision, strategic regulation, infrastructure, and applications and knowledge.
This is something that should alarm the Diaspora, and leaving politics aside we ought to ask why is Guyana lagging in an area that all countries in the region started on an equal footing (okay Guyana was in a hole be4cause of the ATN monopoly granted in the privatization fire sale towards the end of the Hoyte Administration). The point is though, with wireless and the vaunted WiMax touted by a local provider, we are still behind in this vital area.
Do we need to examine the way the spectrum is distributed? Do we need to look at the incentives provided to the telecommunications sector? Do we need to ask about the vision in the technology education sector since the mid-90s? No PPP or PNC nonsense here, just cogent smart contributions, please.
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Guyana has the slowest internet speed and is among the most expensive in Latin America and the Caribbean (LAC), according to a new study released yesterday by the Inter-American Development Bank (IDB). The index, “Socio-economic Impact of Broadband in Latin American and Caribbean. Broadband Quality and Prices, LAC and OECD Cou...ntries;
Countries”, found that Latin America and the Caribbean lag far behind developed countries in broadband penetration.
“In a modern society, broadband is the key ingredient of the public policy agenda for speeding up economic growth and reducing inequality,” said Antonio GarcÍa-Zaballos, who is leading the IDB’s broadband initiative. According to a recent IDB study, a 10 percent increase in penetration of broadband services carries with it an average rise of 3.2 percent in Gross Domestic Product and 2.6 percentage points in productivity.
The ranking can be found on the IDB’s new DigiLAC web site, with data from all the countries of the region and more than 15,000 cities and towns. It was released as part of an IDB seminar on South Korea and the lessons that can be drawn from it for the development of Latin America and the Caribbean. South Korea has one of the world’s highest degrees of broadband development. The Southern Cone sub region has the greatest broadband penetration with a score of 4.87. The Caribbean is the Region lagging furthest behind, with an index of 3.72. However, Central America scored 4.26, slightly surpassing the Andean region at 4.13.