Sweden, Finland, Switzerland Top US on WEF Digital Economies List

HopeTracker| The World Economic Forum released its Global Information Technology Report for 2011 and 2011. The US may have ‘invented’ the Internet, but we are in fifth place behind Sweden, Singapore, Finland, and Switzerland in the state of our information technology.  Note that Americans refer to several of these economies as socialist.

Other Scandinavian countries in the top tier are Denmark at seventh place and Norway ninth. At the bottom are some of the world’s poorest economies: Swaziland, Bolivia, East Timor, Burundi and Chad.

The report forecasts that adoption of communications technology will diversity the Internet economy more rapidly than traditional sectors like manufacturing, exports, and other services. By 2020, the WEF forecasts, emerging economies will account for more than half of the Internet economy—and the world’s consumer class will number almost 4 billion by then—that’s up from 2.5 billion today, and nearly all the growth will take place in emerging markets.

via Digital Trends