When the economic cycle improves, a surge can be expected in services exports made possible by information and communication technologies (ICTs), UNCTAD predicts in its Information Economy Report 2009: Trends and Outlook in Turbulent Times.
While exports of ICT goods such as computers and consumer electronic devices have been hit hard by the global recession, IT and ICT-related services appear to have been more resilient, the report notes.
While exports of ICT goods such as computers and consumer electronic devices have been hit hard by the global recession, IT and ICT-related services appear to have been more resilient, the report notes.