E-commerce and its role in developing countries

Essay by kavleenUniversity, Master's October 2006

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Earlier, there were two ways of buying a novel: Order it via a catalogue ,a book club or purchase it from a shop. But today, you can sit at home, use the internet and surf online. Go through a collection of books form a site (Barnes and nobles) and order one of your. You pay for the book online and it is delivered to you online or physically. This is exactly what happens for other goods and services bought on the internet. And this is what is termed as "E-commerce."

As per Julia Nielson and Rosemary Morris, authors of "E-commerce and trade: resolving dilemmas", e-commerce is the production, sales, advertising and distribution of products or services through telecommunication network .

E-commerce brings in the whole industry and activities like applications, producers, information exchange, and economic exchange under one word called the "internet".

E-commerce is highly dependent on the technology. Example: interconnectivity among satellites, telecommunications, cables etc.

E-commerce needs to keep in mind the process infrastructure, which involves the various means of making payment, distribution and delivery over the internet possible. Certain standards have to be maintained if a country wants to indulge in e-commerce . Example: privacy disclosure and maintaining connectivity standards. Countries like India, Africa will have to follow certain rules and regulations to protect privacy, to maintain connectivity and authentication globally.


Earlier ,we had to show up at the market with currency to buy a product. But today, we don't even need to be physically present at the market nor do we have to have the good physically present for buying and selling. E-commerce has evolved the traditional trade and market place. It is a major step in the evolution of business transactions.

It has had a major impact on international business...