IntroductionThe emergence of technology in recent years has compelled me to write on this topic. Used for commercial, industrial and leisure purposes, technology has become an integral part of society. Although the proliferation of technology has led to job creation and improved economic well-being in some countries, it has also widened economic disparities between different countries around the world. In this article, I will endeavor to answer the question of what can be done to bridge the economic gap between developed and developing countries. The focus will be on a few countries, namely Singapore, which has recently experienced rapid economic growth, and Rwanda, which has a poor, agriculture-based economy. I chose this topic because I believe it is important to discuss, examine and resolve the relevant challenges we face today. The global economy affects everyone – using technology could improve it. Global Perspective Singapore, which only gained independence in 1965, is a prime example of how technology can improve living standards and elevate a nation's economic status. According to the 2011 BERI report, Singapore ranks first among cities with the best investment potential. In 2012, its GDP per capita was one of the highest in the world – US$52,918. According to the 2012 Globalization Index, Singapore ranked second in the world as a preferred country for foreign investment. Singapore ranked second in the World Economic Forum's Network Readiness Index (NRI). In terms of ICT use, it comes third - individual use (11th), professional use (14th) and government use (1st). Its exceptional success in economic growth is closely linked to the city-state's determined efforts to embrace...... middle of paper ......o are technology investors. The role that ICT plays in supporting economic growth and job creation has recently attracted much attention. ICT is a crucial source of innovation, essential in the current information revolution which is transforming the social and economic activities of our societies. This will enable companies to increase their productivity and production to become cost competitive. Consumers benefit from a greater variety of goods and services and conveniences through e-commerce. Singapore demonstrates that the lack of natural resources is not an obstacle to technological and economic development, and Rwanda illustrates that a country once marked by neighborhoods and a country of genocide It is still possible to develop an inclusive ICT ecosystem if the Policymakers work in tandem with businesses and consumers. Bridging the digital divide will play an important role in closing the economic gap.