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Finally we see Hugo trying to barter with some friendly natives who have resigned themselves to eating roast hyena for supper yet again.

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In many ways the new economy is the old economy transformed by the application of information and communications technologies.

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The volume of b-to-c e-commerce transactions is generally small.Take the United Arab Emirates, which according to data from the International Telecommunication Union had relatively more Internet users in 1999 (1,668 per 10,000 inhabitants) than Japan (1,447).Although figures are hard to compare, Dubais Internet penetration is probably now comparable to that of many OECD countries, but still lower than Singapores for instance (2,946 per 10,000, according to the ITU).Business-to-business models have been much more successful.In fact, they have been part of the development and evolution of established firms in old industries.Highly publicised failures of many e-retailers such as and pets.com, and the sharp drop in value of stars like Lastminute.com, have led many experts to revise their perceptions of the likely success of these companies. Capital raised in the United States for Internet-related firms dropped to US.3 billion during the third quarter of 2000, down from US.7 billion in the second.