Govi Gnana Service Archives


Reducing transaction costs

Posted on November 6, 2005  /  0 Comments

In 2006, LIRNEasia hopes to start a new line of research on the role ICTs play in reducing transaction costs in the economy.  Our work will begin from research on Harsha de Silva’s Govi Gnana Service (GGS) project that seeks to provide real time information on market prices at Sri Lanka’s largest agricultural wholesale market.  But it is interesting that the whole question of reducing transaction costs (at the high end) is receiving  increased attention, as evidenced by the New York Times  
Presentation by Harsha de Silva, CTO Forum 2004: “ICT : Business and Development” 20-21 September, Colombo, Sri Lanka   The Commonwealth Telecommunications Organization’s (CTO) second annual forum was held in Colombo this year, on September 20-21. Subtitled ‘the biggest annual Commonwealth ICT event,’ participants included director-level delegations from member countries and representatives of its sector members. The aim of the event was to bring together ICT sector stakeholders and strengthen their ability to ‘go on meeting the challenges of accelerating Universal Access, bridging the international, as well as urban-rural digital divides, and achieving the Millennium Development Goals.’ A great deal of emphasis was placed on the increased use of fixed and wireless broadband technologies, such as VSAT to achieve ICT4D objectives.   In this context, the Govi Gnana Service, or GGS an innovative ICT solution to agricultural price volatility and resulting agricultural poverty in Sri Lanka was presented by Harsha de Silva of e-development labs.