The World Economic Forum and INSEAD have released the The Global Information Technology Report 2007-2008 which measures impact of  Information and Communications Technology (ICT) in the world. The top three ranked countries were: Denmark, Sweden and Switzerland.

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BusinessWeek explains the report methodology:

...which assesses 127 economies on scores of factors ranging from the cost of mobile phone calls and available Internet bandwidth to the quality of higher education. Not just a catalog of technical specifications, the report weighs these measures to determine which economies are best positioned to compete in the information-intensive 21st century economy.

Korea ranked 9th with the largest improvement since last year's report rising 10 places. You can also view a PDF file with a summary for Korea from the report.

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