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Broadband is one of World Trade's 'Fabulous 50'
Driving world trade even if the U.S. is behind
by KathrynV Sunday 02-Sep-2007 tags: world · Oddities
Each year, World Trade magazine releases its “Fabulous 50 + 1” list. The list identifies the trends, people and businesses that are the current forerunners of world trade. Broadband is on that list, although the article points out that the U.S. is “middling” in this area since broadband penetration has become a “key economic indicator”. They note that our failure to connect to broadband is due primarily to its cost. Driving world trade along with broadband, the list includes Hershey’s, Nokia, the WTO, The Suez Canal and the state of Vermont.

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pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD

Wrong Conclusion

The USA has one of the world's largest economies even though our broadband penetration is somehow substandard.

The EU as a whole also has one of the world's largest economies even though their broadband service is supposedly better than ours. Of course, I am basing this claim on the numerous authoritative postings on this website which somehow prove that US broadband is the worst in the world.

How can one conclude that broadband is the deciding factor here?
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Only SHATNER is Kirk.
RayW
Premium
join:2001-09-01
Layton, UT
kudos:1

What is this all about?

Broadband

Now that broadband penetration is viewed as a key economic indicator, the performance of the U.S. in this arena—both in terms of speed and price—is middling. Japanese prices for broadband per megabyte per second are the lowest in the OECD at 22 cents; the least expensive in the U.S. is $3.18. And, in terms of per capita broadband users, the U.S. ranks twelfth.

The ultimate impact on the U.S. depends on point of view. Critics say a cabal of cable and telecoms that control broadband are keeping the U.S. behind the curve. “The major impediment to U.S. adoption is price, not lack of availability,” counters Forrester Research.
One blurb out of many, and it really does not say much. I did not find out where "#12" stood. Out of 13? Out of 156? And what is "per capita broadband users"? the average price we pay? the number of users per possible users? Not that the US is comparable to Japan in many ways, but it does make for some good steamy muckraking conversations.
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I am not lost, I find myself every time.

cdigioia
Premium
join:2005-06-08
korea, repub

Re: What is this all about?

I think that's #13 out of 51.

And per capita, that's probably total US broadband users per person. Or if they were being very diligent, per user old enough to use broadband. i.e., If 10 people total & 5 have broadband, it's .5 users per capita.

I didn't actually read the article though.
RayW
Premium
join:2001-09-01
Layton, UT
kudos:1

Re: What is this all about?

No, I think the 50+1 was the number of businesses/trends that they were talking about.

Per capita could be a lot of things, one thing you learn over the years of dealing with statistics people is that you can make any number good or bad just by twisting the basis for that number.
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I am not lost, I find myself every time.

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