Concept paper : information as an economic resource

Abstract

The selection of the CODI IV theme on ‘Information as an Economic Resource’, signals the need for communication specialists and economists to begin rethinking the role of information in economic development, and potential for growth. The contribution of information to the overall economic performance is related to the amount of resources devoted to ICT, human resource development, creation of enabling environment, among other factors. The use of more information in the decision process makes it possible to make better estimates and reduce input of other resources in the production process. These trends make this theme a timely and pertinent topic that needs further attention in Africa.