Making the most out of digital trade in the United Kingdom:
The digital transformation is having a profound impact on the international trade of the United Kingdom (UK). Digital trade exports have grown three times faster than other exports and now represent more than half of total exports, twice the OECD and EU averages. This strong performance is, in part,...
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Weitere Verfasser: | , |
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2024
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Schriftenreihe: | OECD Trade Policy Papers
no.285 |
Schlagworte: | |
Online-Zugang: | DE-862 DE-863 |
Zusammenfassung: | The digital transformation is having a profound impact on the international trade of the United Kingdom (UK). Digital trade exports have grown three times faster than other exports and now represent more than half of total exports, twice the OECD and EU averages. This strong performance is, in part, driven by a favourable domestic regulatory environment and an ambitious digital trade agenda in the United Kingdom's trade and digital economy agreements. Econometric analysis shows that digital trade chapters in trade agreements can double the impact of the agreements, with issues around data protection, consumer protection, source code and cybersecurity potentially delivering the largest gains. To remain at the forefront of digital trade the United Kingdom should continue domestic reforms, including digitisation of trade documents and processes. To ensure that exporters maintain access to other markets, the United Kingdom should continue to engage in discussions on digital trade provisions in trade agreements and support ongoing multilateral and plurilateral discussions, including in the context of the WTO Work Programme on E-commerce and the Agreement on E-commerce. |
Beschreibung: | 1 Online-Ressource (51 Seiten) 21 x 28cm. |
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spelling | López González, Javier VerfasserIn aut Making the most out of digital trade in the United Kingdom Javier, López González, Silvia, Sorescu and Chiara, Del Giovane Paris OECD Publishing 2024 1 Online-Ressource (51 Seiten) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Trade Policy Papers no.285 The digital transformation is having a profound impact on the international trade of the United Kingdom (UK). Digital trade exports have grown three times faster than other exports and now represent more than half of total exports, twice the OECD and EU averages. This strong performance is, in part, driven by a favourable domestic regulatory environment and an ambitious digital trade agenda in the United Kingdom's trade and digital economy agreements. Econometric analysis shows that digital trade chapters in trade agreements can double the impact of the agreements, with issues around data protection, consumer protection, source code and cybersecurity potentially delivering the largest gains. To remain at the forefront of digital trade the United Kingdom should continue domestic reforms, including digitisation of trade documents and processes. To ensure that exporters maintain access to other markets, the United Kingdom should continue to engage in discussions on digital trade provisions in trade agreements and support ongoing multilateral and plurilateral discussions, including in the context of the WTO Work Programme on E-commerce and the Agreement on E-commerce. Trade United Kingdom Sorescu, Silvia MitwirkendeR ctb Del Giovane, Chiara MitwirkendeR ctb |
spellingShingle | López González, Javier Making the most out of digital trade in the United Kingdom Trade United Kingdom |
title | Making the most out of digital trade in the United Kingdom |
title_auth | Making the most out of digital trade in the United Kingdom |
title_exact_search | Making the most out of digital trade in the United Kingdom |
title_full | Making the most out of digital trade in the United Kingdom Javier, López González, Silvia, Sorescu and Chiara, Del Giovane |
title_fullStr | Making the most out of digital trade in the United Kingdom Javier, López González, Silvia, Sorescu and Chiara, Del Giovane |
title_full_unstemmed | Making the most out of digital trade in the United Kingdom Javier, López González, Silvia, Sorescu and Chiara, Del Giovane |
title_short | Making the most out of digital trade in the United Kingdom |
title_sort | making the most out of digital trade in the united kingdom |
topic | Trade United Kingdom |
topic_facet | Trade United Kingdom |
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