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30 Vinaja<br />
commerce will bring are far-reaching. They require new frameworks for doing<br />
business and a re-examination of government policies relating to commerce and<br />
skills. Governments of the developing countries have finally realized that it is time<br />
to increase wealth in their communities and for their people and are open to the ideas<br />
of electronic commerce and the opportunities that are tied in to it (OECD, 2000).<br />
It is essential, that developing countries increase their access to the Inter<strong>net</strong> and<br />
to electronic commerce for their ability to perform in the constant growing global<br />
market. The expansion of electronic commerce to developing countries will<br />
automatically enable their overall economy.<br />
The acceptance of electronic commerce all over the world is giving everyone<br />
the opportunities for advancement in all levels of society. The most important goal<br />
is giving developing countries the chance for better living conditions, increasing job<br />
opportunities, making services available, and providing better education and<br />
greater economy wealth.<br />
REFERENCES<br />
African Development Forum (1999). Electronic commerce in Africa. 26, section<br />
5.5.<br />
Androuchko, L. (1998). Mozambique unveils leading edge telemedicine facility.<br />
International Telecommunications Union, Report ITU/98-1, 30 January<br />
1998 Available online at: http://<strong>www</strong>.itu.int/newsarchive/press/releases/1998/<br />
98-01.html.<br />
Ariyadasa, C. (2000). Sampath bank makes surprise move into stockbroking. The<br />
Sunday Times, Sri Lanka, 12 November 2000. Available online at: http://<br />
<strong>www</strong>.lac<strong>net</strong>.org/suntimes/001112/busm.html.<br />
Coeur de Roy, O. (1997). The African challenge: Inter<strong>net</strong>, <strong>net</strong>working and<br />
connectivity activities in a developing environment. Third World Quarterly.<br />
18(5), 883-898.<br />
Cordelia, L. (1999). What’s holding back electronic commerce in Malaysia?. New<br />
Straits Times- Management Times. August.<br />
Gagné, P. (1998). A special ITU development initiative. International Telecommunications<br />
Union Bureau for Telecommunications Development, article for<br />
ITU News, No. 3/98.<br />
Goh, K. (1999). ITU teams up to push e-biz in developing world. IDG News<br />
Service, Boston Bureau, September 29.<br />
Hay, P., Jackson, S., & Case McMahon, C. (2000). Developing countries could<br />
see fastest growth in over a decade but are hurt by trade barriers in rich<br />
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