How Australia can catch up digitally
Australia’s ability to compete with other nations in a technology-enabled world is declining, according to a report recently released by the Committee for Economic Development of Australia (CEDA).
In 2019 Australia dropped to 14th on the global league table of digital competitiveness, down from 13th last year and ninth in 2015.
The results, from the World Digital Competitiveness rankings compiled by the Swiss-based International Institute for Management Development, show that Australia is becoming complacent in areas such as science education, information and communication infrastructure, and digital literacy.
What is digital competitiveness?
Digital competitiveness is a standardised measure of a country’s ability to develop cutting-edge digital technologies as well as its willingness to invest in research and development (R&D) and promote digital literacy training to create new knowledge, all of which are key drivers for economic development.