Analyses

  • Understanding the Economic Impact of Digitalisation on Digital Trade

    ,

    Digitalisation has significantly changed how international trade is conducted, both via the use of digital platforms to facilitate the exchange of non-digital goods and services, as well as through the increase in digitally deliverable exports, including financial and professional services, and mobile apps and content. The impact of digitalisation of trade is of particular significance… Read more

  • Enabling Paperless Trade: a Long, Hard Slog

    ,

    New Zealand Institute of Economic Researches (NZIER) has investigated what is needed to drive and develop a paperless trade environment for government and non-government supply chain participants. The gains from introducing paperless trade are significant to the point where they potentially match a high-quality trade agreement that delivers benefits year-on-year (NZIER 2021). The gains are… Read more

  • Recommended Actions for Promoting Digital Trade Integration in Kazakhstan

    ,

    This report outlines a National Action Plan designed to enhance Kazakhstan’s digital trade integration within the Asia-Pacific region. Addressing gaps in digital trade policies will foster a more competitive and transparent environment for businesses and investors in Kazakhstan’s digital economy. Using ESCAP’s Regional Digital Trade Integration Index (RDTII) framework and database, this paper identifies priority… Read more

  • Basics of Risk Management in Trade

    , ,

    The clearance of goods to enter a market is often considered a balance between facilitating and controlling. The latter is checking that the goods are compliant with all relevant rules and regulations, corresponding to legitimate regulatory objectives. This may include consumer health and safety, safeguarding the environment, compliance with social norms or aiming to achieve… Read more

  • The Next Era of International Trade Transactions

    ,

    Until the recent drive towards digitalisation and modernisation, the processes involved in an international end-to-end transaction could be long, cumbersome and expensive. From the shipping of goods to the payment of an invoice, the overall transaction would take place through a collection of individual, fragmented and often siloed procedures, from the issuance of paper trade… Read more

  • UK Export Finance’s Impact Framework

    , ,

    UKEF’s Impact Framework sets out how the department will measure the real-world impact of its financial support, while aligning with government priorities for growth, clean energy and industrial strategy. Each year, UKEF provides billions of pounds of financial support, helping businesses across the whole of the UK to export. This support is crucial, allowing UK… Read more

  • An Initial Overview of Smart Contract Implementation within Financial Services & Regulatory Solutions for Risk Management

    ,

    This smart contract Primer (referred to henceforth as this “Primer”) provides an initial overview of what smart contracts are, how they are being implemented within financial services and proposes how to apply existing legal and regulatory frameworks to mitigate risks from utilizing such technology. Developed by the members of Global Financial Markets Association (“GFMA”) and… Read more

  • G7 Mapping Exercise of Digital Identity Approaches

    ,

    Digital identity plays a crucial role in fostering a secure, inclusive, and efficient digital transformation by enabling individuals and businesses to prove their identity and share verified information through digital means. The rising demand for digital services across the public and private sector, along with concerns about digital exclusion, cybersecurity threats, and the misuse of… Read more

  • CSC White Paper – The Role of the Cloud Signature Consortium API in the New European Digital Identity Framework and Beyond

    ,

    In this second paper in our two-part series, we explore the benefits of deploying the CSC API within the European digital identity framework. These benefits include interoperability between e-signing platforms and remote signature creation devices, enhanced security, ease of use, flexibility, and compliance with EU laws. The CSC API’s use extends beyond EU borders. It… Read more

  • Cross-border Multimodal Digital Corridors for Regulatory-related Movements of Consignment Data and Consignment Status Information

    ,

    This white paper has been created under the purview of the UN/CEFACT cross-border management domain and focuses on improving the cross-border flow of all types of freight consignments by applying digital solutions. A digital corridor is an electronic platform that connects multiple trade ecosystems (e.g. air/ocean/land community systems or single window systems) to share the… Read more