The Digital Transformation and the Transformation of International Trade

January 23, 2018

The digital transformation has facilitated old modes of trade and business models and enabled the creation of entirely new ones. Digital disruption is being felt across all modes of trade: digital versions of products or services compete with physically embodied versions; and digital distribution/facilitation business models compete with traditional distribution business models. To facilitate the analysis of the role that trade agreements play or might play, this paper suggests a classification of the modes in which trade is conducted as it progressively shifts into the digital or digitally facilitated realm. Against this background, the authors draw conclusions for the prospects of a multilateral agreement to set out the rules of the road to enable inclusive growth in the knowledge-based and data-driven economy that the digital transformation is bringing into being.

Read Full Material: Link


Topics: DIGITAL ECONOMY

Authors: DAN CIURIAK MARIA PTASHKINA

Publishing Institution: RTA EXCHANGE

RTA

Other Research

RTA

Designing Common but Differentiated Rules for Regional Trade Disputes

May 8, 2018

In the twenty-first century, World Trade Organization (WTO) members have put great energy and creativity in liberalising trade through regional trade agreements (RTAs), even as trade liberalisation... READ MORE

RTA

The WTO Dispute Settlement Mechanism: A Trade Court for the World

May 1, 2018

This paper examines the reasons behind the underutilisation of dispute settlement mechanisms in regional trade agreements (RTAs). It suggests that countries could use the World Trade Organization d... READ MORE