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Global ICT Regulatory Outlook 2017

image of Global ICT Regulatory Outlook 2017

This Global ICT Regulatory Outlook 2017 is the first of an annual series of reports tracking market and regulatory trends in the information and communication technologies (ICT) sector and their implications across the economy. Understanding current trends and challenges across ICT markets and regulatory frameworks can help address the gaps and capitalize on unexplored opportunities. This report provides useful insights and a clear, evidence-based perspective to do that. This report is also a key resource on smart, inclusive and forward-looking ICT regulation. Its findings can provide useful guidance in reviewing and upgrading regulatory frameworks for the ICT sector as the basis for the digital economy today and for the future. The report reaches out to the regulatory community worldwide, policy-makers, industry and the ICT community in general

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Regulation will drive innovation

Regulation needs to lead through volatility sparked by market convergence and disruption. Regulation that aids innovation will help developing countries to power ahead – checking inequality of ICT access and use, as well as of products and services. The Kenya Central Bank, a pioneer of regulatory innovation, has triggered a tsunami across both the financial and the telecom sectors by allowing M-Pesa to deliver digital financial inclusion to millions of the ‘unbanked’. How regulation can power innovation is a key consideration for ICT regulators in their pivotal role of shaping the digital economy of the future.

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