ADB's Focus on Information and Communications Technology (ICT)
In the Spotlight
Is your job at risk of being taken over by robots? As technology transforms Asia and the Pacific, what will the future of work be? In the Asian Development Outlook 2018, we explore what can be done to adapt to the fourth industrial revolution to ensure that jobs will not be displaced in a rapidly evolving work environment.
Technological advances have transformed the two billion worker Asian labor market, helping create 30 million jobs annually in industry and services over the last 25 years, drive increases in productivity and wages, and reduce poverty, says a new ADB report.
Palau's high-speed internet is the latest milestone under the North Pacific Regional Connectivity Investment Project. It boosts international connectivity, providing opportunities for women.
ADB's Board of Directors has approved a $15 million loan for an internet submarine cable project to connect Rarotonga and Aitutaki in the Cook Islands.
Information and communications technology (ICT) has boosted growth, expanded opportunities, and improved service delivery in much of the world. However, broader development benefits have fallen short and are unevenly distributed. Attention to "ICT for Development" springs from the desire to leverage ICT to propel economic and social progress and enhance its positive impacts. ADB aims to catalyze policy and regulatory frameworks, infrastructure, applications, and skills for ICT, with an eye also on standardization and information technology security.