In a new discussion paper, President and Co-founder Paul Hofheinz and Deputy Director and Senior Fellow Luukas K. Ilves take a look at the coming challenge – and strategic advantage – for a renewed European digital agenda under the incoming European Commission. The discussion paper looks at three key tests Europe faces: 1) An incomplete single market; 2) an incomplete digital society, and 3) the absence of global digital champions coming from within Europe and proposes an Eight-Point Action Plan for the European institutions and the incoming European Commission. Among the key recommendations are “complete the single market,” upgrade the digital AND the single-market dossiers in a commission restructuring, use co-creation and “design thinking” in policymaking and commit to an “Every European Digital” programme to end Europe’s digital divide.
Digital Trade
The Philippine Institute for Development Studies (PIDS) has released its annual report for 2018 detailing its accomplishments in research, policy recommendation, and collaboration in the following fields: Agriculture, natural resources, and environmental management; human development, labor markets, and poverty; institutions, law, and economics; macroeconomics, finance, and growth; public economics and governance; regional, urban, and rural development; science, technology, and innovation; and trade and industry and international economy.
In recent years, there has been rapid growth in trade in digital services (i.e. the ICT services sector as a key element of the EU’s digital frontier), one which effectively overshadowed increases in ‘general’ services trade in the region. Yet, benefitting from this phenomenon hinges on how economies perform in the digital services area – something European countries have not been very good at, according to the McKinsey Global Institute’s Industry Digitisation Index.
The increasing use and dependence of technology by organizations, the cloud, the Internet of Things, Big Data, high connectivity, Artificial Intelligence and the premise that "it is not a matter of whether events will happen, but when" , demand from organizations the permanent need for preparation, learning and reinvention, where being resilient and innovating, is the true hallmark that must be developed in order to survive.
The digital revolution is only getting started. Digital disruption, which thus far has transformed a few sectors, is working its way into every sector of the economy. New technologies and exponential growth in the volume of data being produced by people and machines lend themselves to new business models and new kinds of products, while making everything from schools to hospitals more effective. Used correctly, this data explosion promises to make us healthier, richer, sometimes even more compassionate, and to solve intractable societal challenges like climate change.
The report examines the current and potential impact of digital trade at home and quantifies the economic value of technological gains enabled by digital trade. It also recommends perceived concerns related to digital trade and how they can be addressed.
From trade in goods then trade in services, we now have digital trade.
Digitalization is revolutionizing business models and the relationship between authorities and citizens and between enterprises and consumers creating new opportunities, but also raising some critical issues.
Digitization is revolutionizing our society, transforming human existence, business models and relations between authorities and citizens.
This document focuses on the identification of the advances and challenges related to practices focused on achieving the SDGs for 2030 in Colombia. Having as a central and transversal axis the use, adoption and appropriation of ICT by people, industries and institutions, a roadmap is presented to take full advantage of the opportunities offered by new technologies to not only meet our quota of ODS, but to lead the region in the knowledge economy.