UAE has been ranked amongst the world’s top digital economies list at the new digital Evolution Index 2017 that is compiled by the Fletcher School at Tufts University in partnership with Mastercard.
The research records the changes and new factors that countries go through in terms of digitization, and based on that it creates an accurate, robust and comprehensive report. Since half o the world’s population online, the research was able to map the development of 60 countries and present their level of competitiveness in addition to their market potential for further digital economic growth. It measures four key drivers and 170 unique indicators for each country, this includes: Supply, Consumer demand for digital technologies, Institutional environment, and Innovation.
Bhaskar Chakravorti, Senior Associate Dean of International Business & Finance at The Fletcher School at Tufts University, and Founding Executive Director of Fletcher’s Institute for Business in the Global Context said: “Adoption, the quality of digital infrastructure and institutions, and innovation collectively shape a country’s digital competitiveness, but governments also play a key role.”
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