Inhaltsangabe:Abstract:The current wave of globalisation ? the trend towards worldwide integration of markets ? is spurred by the development of ICTs, including the Internet (Miria Pigato, 2001). But there exists founded concern whether this development reaches Less Developed Countries (LDCs).Technological transformations, such as Information Communication Technology (ICT), open new possibilities in various areas. With a rapid technological development the world faces the challenge to match the pace of technological innovation with national and global policy innovation.This paper will analyse the following hypotheses:1. Internet connectivity has potential to promote economic growth and support sustainable development for LDCs.2. The application of the Internet technology carries risks for LDCs.3. Successful application of Internet technology requires appropriate sustainable policies and strategies.The analysis is based upon literature review of economic and development theories, literature about ICT in development with particular focus on the Internet, country and development related information, and statistical data focussing in particular on South Africa and Uganda.Inhaltsverzeichnis:Table of Contents:INTRODUCTION61.OVERVIEW - LITERATURE REVIEW112.THE INTERNET AND E-BUSINESS202.1Internet202.2E-Business212.3Internet Connectivity - Indicators223.ECONOMIC BENEFITS273.1Global proximity, global business networking273.2Communication and information retrieval283.3E-business opport...