Report of the Regional Workshop - Escap
Report of the Regional Workshop - Escap
Report of the Regional Workshop - Escap
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Annex II: Group activity two<br />
• ICT brings about <strong>the</strong> following benefits in participatory<br />
development projects and promotes stakeholder participation.<br />
Benefits <strong>of</strong> information sharing:<br />
104<br />
• Prevents accumulation <strong>of</strong> asymmetric information<br />
• Accuracy <strong>of</strong> information<br />
• Equitable information access opportunity<br />
• Transparency <strong>of</strong> information<br />
• Immediate feedback from different sectors on past/future<br />
activities<br />
• Coherence <strong>of</strong> different activities involving different interests<br />
• Transparency <strong>of</strong> transactions<br />
• Up-to-date information<br />
• Easier access to information<br />
• Increases coverage and composition <strong>of</strong> stakeholders<br />
• Lower cost <strong>of</strong> transacting business/communication<br />
• Facilitates exchanges <strong>of</strong> experiences<br />
• Facilitates data ga<strong>the</strong>ring<br />
• More effective monitoring and evaluation<br />
• Facilitates dissemination <strong>of</strong> best practices<br />
• Assures successful implementation <strong>of</strong> plans/projects<br />
• Faster and cost effective coordination<br />
• Fosters effective planning<br />
• Leads to better decision-making<br />
• Stakeholders will be more knowledgeable<br />
• Improves globalization<br />
• Enhances macro/micro information sharing<br />
• Reduces technical paper works<br />
• Ensures security measures within and among nations
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