GLOSSARY Broadcasting – A term referring to the distribution of information using radio, television, Internet and intranet or webcasting. Digital Divide – The technological gap between countries that have fully exploited ICT and those that have not. The digital divide is often associated with the resulting gap in terms of economic development. e-Commerce / Electronic Commerce – Business activities involving consumers, manufacturers, suppliers, service providers and intermediaries using computer networks such as the Internet. Global Information Infrastructure (GII) – The components making up a wide area network arising from multiple heterogeneous networks, which facilitate multidimensional communication among different nations, business and organisations. “Hollowing-out” – The term given to the adverse impact of globalisation and ICT on developing country economies (and their Government revenues) as a result of commercial transactions that are performed electronically and are invisible to their financial institutions and legal frameworks. Information and Communication Technologies (ICT) – Is a generic term used to express the convergence of information technology, broadcasting and communications. One prominent example is the Internet. Information Based Economy (IBE) - A country or region where ICT is used to develop economic foundation and market transactions. Information Society (IS) – A country or region where information technology has been fully exploited and is part of everyday life as an enabler of information sharing, communication and diffusion. Information Technology (IT) – Embraces the use of computers, telecommunications and office systems technologies for the collection, processing, storing, packaging and dissemination of information. Internet Exchange Point (IXP) – It is a “peering point” for Interconnecting ISPs and/or other IXPs for the purpose of localising national traffic routing as opposed to using international routes to accomplish Inter-ISP traffic flow. Internet Service Provider (ISP) – Also known as Internet Access Providers – Is a company that provides infrastructure for access to the Internet or for interconnecting other ISPs and content-based or application-based services on the Internet. Knowledge Based Economy (KBE) – A country or region where ICT is extensively used to enhance knowledge so that higher human capital brings further improvement to the economy. Local Area Network (LAN) – A computer network that spans a relatively small area. Most LANs are confined to a single building or group of buildings. However, one LAN can be connected to other LANs over any distance via telephone lines and radio waves. Teledensity - The number of telephones per 100 people in a region. iii