digital economy
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Impact of Trade Digitalization on Trade, Wages, and Producer Prices: Global, Regional, and National Estimates
This comprehensive study, published by the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) in April 2025, was prepared by Chorthip Utoktham and Yann Duval. It investigates the macroeconomic implications of trade digitalization, particularly its influence on international trade flows, real wages, and producer prices, using an innovative and data-driven… Read more
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Next Steps in Hong Kong’s Digital Economy and Trade Development Strategy (2025 Update)
Based on the opening remarks by the Secretary for Commerce and Economic Development at the Legislative Council Finance Committee special meeting on April 11, 2025, Hong Kong is implementing a multifaceted strategy to enhance its digital economy and international trade position. Key initiatives include: 1. Strengthening Hong Kong as an International Trade Hub 2. Promoting… Read more
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Advancing Digital Trade: The EU-Korea Digital Trade Agreement
The European Union (EU) and the Republic of Korea have recently achieved significant milestones in enhancing their digital trade relations, culminating in the conclusion of negotiations for a landmark Digital Trade Agreement (DTA) on March 10, 2025. This agreement underscores both parties’ commitment to fostering a robust and forward-looking partnership capable of navigating the rapidly… Read more
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Tanzania’s Digital Economy Strategic Framework (DESF) is a comprehensive plan to leverage digital technologies for economic growth, industrialization, and financial inclusion. It aligns with national policies, such as Tanzania Development Vision 2025, and international agendas like the UN Sustainable Development Goals (SDGs) and the African Union’s Agenda 2063. Key Objectives and Vision The framework aims… Read more
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Navigating the Intersection of International Trade Law and Global Data Governance: Challenges and Strategies
In an era where data has become the backbone of economic growth and innovation, the intersection of international trade law and global data governance presents both opportunities and challenges. The growing digital economy relies heavily on cross-border data flows, yet regulatory frameworks vary significantly across jurisdictions. As countries implement data protection, cybersecurity, and competition laws,… Read more
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The Role of Base Added Attachments (BAA) in the Arab Digital Strategy: Enhancing Trade, Trade Finance, and Logistics
The Arab Digital Agenda (ADA) 2023–2033 serves as a comprehensive framework for digital transformation across the Arab region, addressing key economic sectors such as trade, trade finance, and logistics. The integration of Base Added Attachments (BAA) within this digital ecosystem is poised to revolutionize these sectors by enhancing efficiency, transparency, and security. Understanding Base Added… Read more
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Fiji’s National Development Plan (NDP) 2025-2029 highlights economic resilience, diversification, and digital transformation as key pillars for national growth. In this context, digital trade and the digital economy are critical for Fiji’s future, fostering economic inclusivity, innovation, and global competitiveness. The government’s vision aligns with leveraging technology to drive growth in e-commerce, financial services, and… Read more