Barriers to (Digital) Services Trade

May 27, 2019

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.