Impact of Digital Technologies and the Fourth Industrial Revolution on Trade in Services
The shift to the digital economy has intensified during the COVID-19 pandemic as goods producers connect with customers via online platforms, and services like health, education, and entertainment are delivered digitally Offshore purchasing services are broadening, so e-service trade will likely accelerate. However, regulatory frameworks are lagging, putting productivity gains at risk. In this article for the
Norwegian Institute of International Affairs, Hildegunn Kyvik Nordås, Jane Drake-Brockman, Ingo Borchert, Nigel Cory
et al offer eight recommendations to the Group of Twenty (G20) leaders to start shaping a digital trade policy agenda. They demonstrate how, in order to reap the benefits of the Fourth Industrial Revolution, sustained openness to international trade on services, investment, and data flows is essential.
https://t20saudiarabia.org.sa/_layouts/download.aspx?SourceUrl=/en/briefs/Documents/T20_TF1_PB4.pdf
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