Dubai, United Arab Emirates (CNN) – The world is currently witnessing a deep economic recession caused by the Coronavirus and its profound economic and social consequences. Since the outbreak of the epidemic, unemployment rates have risen rapidly in most developing and developed economies, while poverty rates have started to rise again. It has reversed the gains made over the past few decades.
The latest estimates, according to the World Economic Forum, indicate that the economic and health crisis caused by the Corona virus is expected to push between 88 million and 115 million people into extreme poverty in 2020.
The global economic outlook for 2021 depends heavily on both the development of the epidemic and the effectiveness of recovery strategies adopted by governments.
The special edition of the Global Competitiveness Report 2020 explores how countries can broaden their focus on achieving growth and look at how to “build back better”.
There is no doubt that the information and communication technology sector witnessed great turnout and wide growth during the Corona pandemic, and although access to information and communication technology has improved globally recently, it is still far from being truly global, as the Corona pandemic made it difficult to ride this wave for Developing economies, while deepening the digital transformation of advanced economies.
Few countries have made real progress in all aspects of ICTs recently, from adopting flexible working methods, to developing digital skills, and working within a digital legal framework.
Find out more about the performance of the best countries in the field of information and communication technology during the year 2020 in the above infographic: