ficant economies (such as France, Germany, and Japan), language is holding back e-commerce growth. Nevertheless, the New Economy will penetrate these economies and markets and will provide a truly global workplace and market.
Many international business partners are looking to become part of the Internet and e-commerce in a timely manner. Within five years, many analysts expect that there will be little difference between European levels of e-commerce and those within the United States. Latin America and Africa are likely to lag behind because of the lack of telecommunications infrastructure in these locations, and most analysts do not expect wireless to present a viable alternative to land line Internet service at the level required by business for some years (Mugan, 1999, p. 14).
Singapore is taking an aggressive approach to implementing e-commerce within its boundaries. In September 1998, the government launched a plan designed to develop the city/nation as a global e-commerce hub with an estimated
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