Lesotho Digital Economy Diagnostic

Lesotho is a landlocked country with a population of about 2.0 million people. Lesotho’s private sector makes limited use of digital technologies. In the private sector, digital technology can change the way economies of scale are achieved, particu...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/196401591179805910/Lesotho-Digital-Economy-Diagnostic
http://hdl.handle.net/10986/33881
id okr-10986-33881
recordtype oai_dc
spelling okr-10986-338812021-05-25T09:54:59Z Lesotho Digital Economy Diagnostic World Bank DIGITAL ECONOMY DIGITAL INFRASTRUCTURE INFORMATION AND COMMUNICATION TECHNOLOGY CONNECTIVITY INTERNET ACCESS DIGITAL PLATFORM E-GOVERNMENT E-COMMERCE Lesotho is a landlocked country with a population of about 2.0 million people. Lesotho’s private sector makes limited use of digital technologies. In the private sector, digital technology can change the way economies of scale are achieved, particularly through e-commerce and digital payments. The digital economy may provide the better matching of buyers and sellers in a competitive marketplace. The digital economy offers potential for enhanced service delivery in the public sector, but the Lesotho government’s efforts in this field appear fragmented and slow moving. Improved digital infrastructure can only achieve the desired transformational impact if combined with a capable public sector, investments in digital skills and literacy, increased access to digital financial services, and ramped up support for digital start-ups and existing businesses. A holistic view to developing the digital economy is required. This report will provide a diagnostic and offer recommendations on the five foundations of the digital economy in Lesotho. The report will examine, in turn, challenges concerning the policy and legal environment, digital infrastructure, public digital platforms, private digital platforms, digital financial services, digital entrepreneurship, and digital skills. This report reviews how the digital divide affects the foundations of the digital economy and provides policy options for bridging the digital divide. 2020-06-11T17:17:08Z 2020-06-11T17:17:08Z 2020-02 Report http://documents.worldbank.org/curated/en/196401591179805910/Lesotho-Digital-Economy-Diagnostic http://hdl.handle.net/10986/33881 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Infrastructure Study Africa Lesotho
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic DIGITAL ECONOMY
DIGITAL INFRASTRUCTURE
INFORMATION AND COMMUNICATION TECHNOLOGY
CONNECTIVITY
INTERNET ACCESS
DIGITAL PLATFORM
E-GOVERNMENT
E-COMMERCE
spellingShingle DIGITAL ECONOMY
DIGITAL INFRASTRUCTURE
INFORMATION AND COMMUNICATION TECHNOLOGY
CONNECTIVITY
INTERNET ACCESS
DIGITAL PLATFORM
E-GOVERNMENT
E-COMMERCE
World Bank
Lesotho Digital Economy Diagnostic
geographic_facet Africa
Lesotho
description Lesotho is a landlocked country with a population of about 2.0 million people. Lesotho’s private sector makes limited use of digital technologies. In the private sector, digital technology can change the way economies of scale are achieved, particularly through e-commerce and digital payments. The digital economy may provide the better matching of buyers and sellers in a competitive marketplace. The digital economy offers potential for enhanced service delivery in the public sector, but the Lesotho government’s efforts in this field appear fragmented and slow moving. Improved digital infrastructure can only achieve the desired transformational impact if combined with a capable public sector, investments in digital skills and literacy, increased access to digital financial services, and ramped up support for digital start-ups and existing businesses. A holistic view to developing the digital economy is required. This report will provide a diagnostic and offer recommendations on the five foundations of the digital economy in Lesotho. The report will examine, in turn, challenges concerning the policy and legal environment, digital infrastructure, public digital platforms, private digital platforms, digital financial services, digital entrepreneurship, and digital skills. This report reviews how the digital divide affects the foundations of the digital economy and provides policy options for bridging the digital divide.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Lesotho Digital Economy Diagnostic
title_short Lesotho Digital Economy Diagnostic
title_full Lesotho Digital Economy Diagnostic
title_fullStr Lesotho Digital Economy Diagnostic
title_full_unstemmed Lesotho Digital Economy Diagnostic
title_sort lesotho digital economy diagnostic
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/196401591179805910/Lesotho-Digital-Economy-Diagnostic
http://hdl.handle.net/10986/33881
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