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Consider this simple fact: Tripling mobile Internet access over the next 15 years could make the developing world $22 trillion richer.A McKinsey report estimates that bringing mobile broadband in the developing world to the levels of the industrial world could add $400 billion annually to global GDP and create more than 10 million jobs.Similarly, the World Bank has shown that a 10 percent increase in broadband penetration increased GDP growth by 1.4 percent in low- to medium-income countries. For example, mobile broadband penetration stands at 83 percent in the former, but only 21 percent in the latter.The study by Auriol and Fanfalone shows that increasing mobile broadband about three-fold in developing regions – from 21 percent to 60 percent – will cost a substantial $1.3 trillion, as a significant amount of extra infrastructure is needed to establish about 3 billion more Internet connections.As a result, every dollar spent on mobile broadband in the developing world would yield an estimated gain of $17 .Nine hundred million people live in LDCs, and, as Pantelis Koutroumpis of Imperial College London points out, only 6.7 percent are Internet users.
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