Two of the key characteristics defining this historical period are the twin concepts of globalization and the information economy. This transformation - which embodies social, economic, political, technical and cultural processes - is affecting nearly all of the world's people and economies and...

This chapter explores the on-going development of a global digital economy through a case-study analysis of its impact on and prospects in South Africa. It argues that four factors are key to understanding the impact of the digital economy on a developing country: (1) the level of technology,...