The use of the Internet is growing at a rapid rate throughout the world. According to the World Internet Statistics website, the global Internet penetration rate is 25.6% in 2009. Underdeveloped nations in Africa, Asia, and Latin America also show high growth rates in Internet usage. Between the years 2000-2009, Africa shows growth rates of 1,392.4%, while Asia and Latin America show growth rates of 545.9% and 890.8% respectively.

This rapid rate of growth in Internet use in developing countries greatly affects their international business situation. Nations like India and China are now becoming major players in this global business environment. They increased their competitiveness highly. Other developing nations in Africa and Latin America are also showing progress.

As a result of this high growth in Internet usage and e-commerce penetration, the aforementioned nations are showing great progress and advancement in their economies. Their products and services are now reaching long distances around the world. Other developing countries also have lessons to learn from these model nations. If they can pay enough attention to industry and can perform the desired tasks, they can see the economic transitions that previous model nations can see.

Therefore, to see such results, first of all, each and every developing country must know and believe that electronic commerce is becoming a must to compete in the global business environment. Globalization is turning our world into a small town and greatly simplifying business activities. Today, entering the global business network is a very simple task, as people from one corner of the world now reach people in the opposite corner of the world only from their rooms. In addition, individuals, companies and nations as a whole reap huge financial benefits and increase their competitiveness in the world market.

If developing nations want to grow their economies, entering and competing in international business is mandatory. And doing business electronically (E-commerce) is now the level of technology reaching today’s business environment. Therefore, these nations need to place the advancement of Information and Communication Technologies and Electronic Commerce among their priorities. This requires the collaboration of all interested bodies, professionals, government agencies, legislators and legislators, banks and society as a whole.

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