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The rapid digital transformation occurring worldwide poses significant challenges for policy makers working within a governance framework that evolved over centuries. Domestic policy space needs to be redefined for the digital age, and the interface with international trade governance...
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The digital transformation has facilitated old modes of trade and business models and enabled the creation of entirely new ones. Digital disruption is being felt across all modes of trades: digital versions of products or services compete with physically embodied versions; and digital...
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The digital transformation occurring worldwide poses significant challenges for a governance framework that evolved gradually and incrementally over centuries, shaped by lessons learned during the long era of industrialization and globalization in which much of today’s technology was still...
Persistent link: https://www.econbiz.de/10014105148
This policy brief tries to work out some of the implications for the Global South of the emergence of Industry 4.0 and the evolution toward a data-driven economy. The digital transformation provides developing economies new opportunities to leapfrog industrial age infrastructure, to draw on the...
Persistent link: https://www.econbiz.de/10012889990
The emergence of the data-driven economy has profound implications for the role for the state as economic agent, as regulator, and as the agent of power projection internationally to capture global rents. We focus on the role of data as a capital asset, compare the characteristics of data in...
Persistent link: https://www.econbiz.de/10012826905
The global economic and political order is being reshaped by a perfect storm of frictions. Chief among them is the deterioration of relations between the great economic powers of the day, the United States, China and the European Union. This paper argues that only technological developments...
Persistent link: https://www.econbiz.de/10012826908
With a growing number of transactions available on the internet, the interconnection between regulatory issues creates unprecedented complexities for both transaction subjects and policymakers. Through the lens of Facilitation 2.0, it is possible to identify and target the development of...
Persistent link: https://www.econbiz.de/10012908741