The capacity, brought by the internet, to exchange large volume of information instantaneously across the globe, and to store almost quickly retrievable inexpensive, widely available computer equipment, has revolutionized the technology of international telecommunications and data Storage, access and processing. As well as greatly reducing the time and cost involved in communicating and handling information, use of new technology is making possible the emergence of new spatial pattern of location of economic activities for many firms by removing, or greatly reducing, the cost traditionally associated with Spatial separation of Re in particular, data Processing and ‘back- nations. In an Increasing number of cases, these as ” activities are being relocated from Loped countries to developing countries able to provide the requisite skills at ] , However, the much lower take internet in Actaeon up rate of internet in Africa: and Asia than in Europe and North America, a Symptom f so-called ‘digital divide? suggest the ability thee nee possibility that the immense cost-cutting potential of IT applications may b capitalized on in wealthier countries well ahead of. - Countries,.so giving the competitive power f alienate countries. specializing in those. industry ° the wealth of intensive’ a major boost and disadvantage o, internet- countries. the ‘poorer .