A 2013 update of our Snapshot Series on network readiness, and the extent to which countries in the Caribbean are leveraging ICT to improve their competitiveness.<\/em><\/p>\n
<\/a>The World Economic Forum (WEF)<\/a>, in conjunction with INSEAD<\/a>, one of the\u00a0world\u2019s top business schools, have released their annual network readiness assessment, the Global Information Technology Report (GITR) 2013<\/i><\/a>, which tracks the development of ICTs around the world. In this year\u2019s publication, network readiness is considered with respect to \u201cgrowth and jobs in a hyperconnected world<\/i>\u201d,<\/p>\n
The assessment conducted by WEF\/INSEAD produces a Network Readiness Index (NRI), which is a quantitative result that measures \u201cthe degree to which economies across the world leverage ICT for enhanced competitiveness<\/i>\u201d (Source: WEF-INSEAD<\/a>). The NRI provides a comprehensive assessment of network readiness in individual countries (or economies) through 54 indicators, which are organised under ten pillars and subsequently categorised into four main indices as outlined in Table 1.<\/p>\n