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Digital Trade In The U S And Global Economies
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Book Synopsis Digital Trade in the U. S. and Global Economies by : James Stamps
Download or read book Digital Trade in the U. S. and Global Economies written by James Stamps and published by . This book was released on 2014-10-22 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Report of a government investigation to better understand the role of digital trade -- domestic commerce and international trade conducted via the Internet -- in the U.S. and global economies, as well as the effects of barriers and impediments to digital trade that impede U.S. access to global markets. The analysis provides findings at three levels: at the firm level, through 10 case studies; at the industry level, through a survey of U.S. businesses; and at the economy-wide level, using computable general equilibrium and econometric models. This analysis shows that digital trade contributes to economic output by improving productivity and reducing trade costs. Digital trade's combined effects of increased productivity and lower trade costs are estimated to have increased U.S. real GDP by $517.1-$710.7 billion (3.4-4.8%). Figures and tables. This is a print on demand report.
Author :United States United States International Trade Commission Publisher :CreateSpace ISBN 13 :9781511584449 Total Pages :250 pages Book Rating :4.5/5 (844 download)
Book Synopsis Digital Trade in the U.S. and Global Economies by : United States United States International Trade Commission
Download or read book Digital Trade in the U.S. and Global Economies written by United States United States International Trade Commission and published by CreateSpace. This book was released on 2015-04-04 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the request of the U.S. Senate Committee on Finance, the U.S. International Trade Commission ("Commission") undertook an investigation to better understand the role of digital trade-domestic commerce and international trade conducted via the Internet-in the U.S. and global economies, as well as the effects of barriers and impediments to digital trade that impede U.S. access to global markets. The Commission's analysis provides findings at three levels: at the firm level, through 10 case studies; at the industry level, through a survey of U.S. businesses; and at the economy-wide level, using computable general equilibrium and econometric models. This analysis shows that digital trade contributes to economic output by improving productivity and reducing trade costs. Digital trade also contributes to the economy as a whole as it facilitates communication, expedites business transactions, improves access to information, and improves market opportunities for small and medium-sized enterprises (SMEs). Digital trade's combined effects of increased productivity and lower trade costs are estimated to have increased U.S. real gross domestic product (GDP) by $517.1−$710.7 billion (3.4−4.8 percent), and increased U.S. aggregate employment by 0.0 to 2.4 million full-time equivalents (0.0 to 1.8 percent). These estimates of the effects of digital trade are not exhaustive, however, as other effects of digital trade were not captured in these findings. According to survey results, U.S. firms in digitally intensive industries sold $935.2 billion in products and services online in 2012, including $222.9 billion in exports; they purchased $471.4 billion in products and services online in 2012, including $106.2 billion in imports. Online sales by U.S. SMEs in digitally intensive industries totaled $227.1 billion in 2012. However, the Commission's analysis suggests that foreign trade barriers are having discernible effects on U.S. digital trade. According to the Commission's econometric estimates, removing these barriers would increase the U.S. real GDP by an estimated $16.7−$41.4 billion (0.1-0.3 percent).
Book Synopsis Digital Trade on the Internet and Its Role in U. S. and Global Economies by : Kelly M. Rhodes
Download or read book Digital Trade on the Internet and Its Role in U. S. and Global Economies written by Kelly M. Rhodes and published by Nova Science Publishers. This book was released on 2014-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the request of the U.S. Senate Committee on Finance, the U.S. International Trade Commission undertook an investigation to better understand the role of digital trade--domestic commerce and international trade conducted via the Internet -- in the U.S. and global economies, as well as the effects of barriers and impediments to digital trade that impede U.S. access to global markets. This book shows that digital trade contributes to economic output by improving productivity and reducing trade costs. Digital trade also contributes to the economy as a whole as it facilitates communication, expedites business transactions, improves access to information, and improves market opportunities for small and medium-sized enterprises (SMEs).
Book Synopsis Digital trade and U.S. trade policy by : Rachel F. Fefer
Download or read book Digital trade and U.S. trade policy written by Rachel F. Fefer and published by . This book was released on 2018 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Digital Trade on the Internet and Its Role in U. S. and Global Economies by : Kelly M. Rhodes
Download or read book Digital Trade on the Internet and Its Role in U. S. and Global Economies written by Kelly M. Rhodes and published by . This book was released on 2014-01-01 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the request of the U.S. Senate Committee on Finance, the U.S. International Trade Commission undertook an investigation to better understand the role of digital trade--domestic commerce and international trade conducted via the Internet--in the U.S. and global economies, as well as the effects of barriers and impediments to digital trade that impede U.S. access to global markets. This book shows that digital trade contributes to economic output by improving productivity and reducing trade costs. Digital trade also contributes to the economy as a whole as it facilitates communication, expedites business transactions, improves access to information, and improves market opportunities for small and medium-sized enterprises (SMEs).
Book Synopsis Digital Trade and U.s. Trade Policy by : Rachel Fefer
Download or read book Digital Trade and U.s. Trade Policy written by Rachel Fefer and published by Createspace Independent Publishing Platform. This book was released on 2017-01-25 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the rules of global Internet develop and evolve, digital trade has risen in prominence on the global trade and economic agenda, but multilateral trade agreements have not kept pace with the complexities of the digital economy. The economic impact of the Internet was estimated to be $4.2 trillion in 2016, making it the equivalent of the fifth-largest national economy. According to one source, the volume of global data flows grew 45-fold from 2005 to 2014, faster than international trade or financial flows. Digital trade includes end-products like movies and video games and services such as email. Digital trade also enhances the productivity and overall competitiveness of an economy. According to the U.S. International Trade Commission, U.S. domestic and international digital trade added 3.4 - 4.8% ($517.1-$710.7 billion) to the U.S. gross domestic product (GDP) in 2011. The Department of Commerce found that in 2014, digitally delivered services accounted for more than half of U.S. services trade. The increase in digital trade also raises new challenges in U.S. trade policy, including how to best address new and emerging trade barriers. As with traditional trade barriers, digital trade constraints can be classified as tariff or nontariff barriers. In addition to high tariffs, barriers to digital trade may include localization requirements, cross border data flow limitations, intellectual property rights (IPR) infringement, unique standards or burdensome testing, filtering or blocking, and cybercrime exposure or state-directed theft of trade secrets. Congress has an important role to play in shaping global digital trade policy, from oversight of agencies charged with regulating cross-border data flows to shaping and considering legislation to implement new trade rules and disciplines through ongoing trade negotiations, and also working with the executive branch to identify the right balance between digital trade and other policy objectives, including privacy and national security.
Book Synopsis Digital Trade and U.s. Trade Policy by : Rachel Fefer
Download or read book Digital Trade and U.s. Trade Policy written by Rachel Fefer and published by Createspace Independent Publishing Platform. This book was released on 2016-07-15 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Completed in Summer of 2016, the subject of Congressional Research Service Report R44565 has become even more acute following the election of Donald Trump as United States president. How will Donald Trump's criticism of globalization and free trade agreements impact US global digital trade policy? As the rules of global Internet develop and evolve, digital trade has risen in prominence on the global trade and economic agenda, but multilateral trade agreements have not kept pace with the complexities of the digital economy. The economic impact of the Internet is estimated to be $4.2 trillion in 2016, making it the equivalent of the fifth-largest national economy. According to one source, the volume of global data flows grew 45-fold from 2005 to 2014, faster than international trade or financial flows. Congress has an important role to play in shaping global digital trade policy, from oversight of agencies charged with regulating cross-border data flows to shaping and considering legislation to implement new trade rules and disciplines through ongoing trade negotiations, and also working with the executive branch to identify the right balance between digital trade and other policy objectives, including privacy and national security. Digital trade includes end-products like movies and video games and services such as email. Digital trade also enhances the productivity and overall competitiveness of an economy. According to the U.S. International Trade Commission, U.S. domestic and international digital trade added 3.4 - 4.8% ($517.1-$710.7 billion) to the U.S. gross domestic product (GDP) in 2011. The Department of Commerce found that in 2014, digitally delivered services accounted for more than half of U.S. services trade. The increase in digital trade also raises new challenges in U.S. trade policy, including how to best address new and emerging trade barriers. As with traditional trade barriers, digital trade constraints can be classified as tariff or nontariff barriers. In addition to high tariffs, barriers to digital trade may include localization requirements, cross border data flow limitations, intellectual property rights (IPR) infringement, unique standards or burdensome testing, filtering or blocking, and cybercrime exposure or state-directed theft of trade secrets. Digital trade issues often overlap and cut across policy areas, including IPR and national security; this raises questions for Congress as it weighs different policy objectives. The Organization for Economic Cooperation and Development (OECD) points out three potentially conflicting policy goals in the Internet economy: (1) enabling the Internet; (2) boosting or preserving competition within and outside the Internet; and (3) protecting privacy and consumers more generally. While no comprehensive agreement on digital trade exists in the World Trade Organization (WTO), other WTO agreements do cover some aspects of digital trade. Recent bilateral and plurilateral agreements have begun to address digital trade rules and barriers more explicitly. For example, the potential Trans-Pacific Partnership (TPP), Transatlantic Trade and Investment Partnership (T-TIP), and plurilateral Trade in Services Agreement (TiSA) are expected to address digital trade to varying degrees. Digital trade norms are also being discussed in forums such as the Group of 20 (G-20), the OECD, and the Asia-Pacific Economic Cooperation (APEC), providing the United States with multiple opportunities to engage in and shape global developments.
Author :United States. Congress. Senate. Committee on Finance. Subcommittee on International Trade, Customs, and Global Competitiveness Publisher : ISBN 13 : Total Pages :128 pages Book Rating :4.:/5 (318 download)
Book Synopsis International Trade in the Digital Economy by : United States. Congress. Senate. Committee on Finance. Subcommittee on International Trade, Customs, and Global Competitiveness
Download or read book International Trade in the Digital Economy written by United States. Congress. Senate. Committee on Finance. Subcommittee on International Trade, Customs, and Global Competitiveness and published by . This book was released on 2010 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis China’s Digital Economy: Opportunities and Risks by : Ms.Longmei Zhang
Download or read book China’s Digital Economy: Opportunities and Risks written by Ms.Longmei Zhang and published by International Monetary Fund. This book was released on 2019-01-17 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s digital economy has expanded rapidly in recent years. While average digitalization of the economy remains lower than in advanced economies, digitalization is already high in certain regions and sectors, in particular e-commerce and fintech, and costal regions. Such transformation has boosted productivity growth, with varying impact on employment across sectors. Going forward, digitalization will continue to reshape the Chinese economy by improving efficiency, softening though not reversing, the downward trend of potential growth as the economy matures. The government should play a vital role in maximizing the benefits of digitalization while minimizing related risks, such as potential labor disruption, privacy infringement, emerging oligopolies, and financial risks.
Book Synopsis Trade in the 21st Century by : Bernard M. Hoekman
Download or read book Trade in the 21st Century written by Bernard M. Hoekman and published by Brookings Institution Press. This book was released on 2021-01-19 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite troubled trade negotiations, global trade—and trade policy—will thrive in the twenty-first century, but with a bow to the past. Is the multilateral trading order of the twentieth century a historical artifact? Was the creation of the World Trade Organization in 1995 the high point of multilateral cooperation on trade? This new volume, edited by Bernard M. Hoekman and Ernesto Zedillo, assesses the relevance of the WTO in the context of the rise of China and the United States' turn toward unilateral protectionism. The contributors adopt a historical perspective to discuss changes in global trade policy trends, adducing lessons from the past to help understand current trade tensions. Topics include responses to U.S. protectionism under the Trump administration, the policy dimensions of trade in services and the rise of the digital economy, how to strengthen the WTO to better negotiate new rules of the game and adjudicate disputes, managing China's integration into the global trade system, and the implications of global value chains for economic development policies. By reflecting on past episodes of protectionism and how they were resolved, Trade in the 21st Century provides both context and guidance on how trade challenges can be addressed in the coming decades.
Book Synopsis Handbook of Deep Trade Agreements by : Aaditya Mattoo
Download or read book Handbook of Deep Trade Agreements written by Aaditya Mattoo and published by World Bank Publications. This book was released on 2020-09-23 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deep trade agreements (DTAs) cover not just trade but additional policy areas, such as international flows of investment and labor and the protection of intellectual property rights and the environment. Their goal is integration beyond trade or deep integration. These agreements matter for economic development. Their rules influence how countries (and hence, the people and firms that live and operate within them) transact, invest, work, and ultimately, develop. Trade and investment regimes determine the extent of economic integration, competition rules affect economic efficiency, intellectual property rights matter for innovation, and environmental and labor rules contribute to environmental and social outcomes. This Handbook provides the tools and data needed to analyze these new dimensions of integration and to assess the content and consequences of DTAs. The Handbook and the accompanying database are the result of collaboration between experts in different policy areas from academia and other international organizations, including the International Trade Centre (ITC), Organisation for Economic Co-operation and Development (OECD), United Nations Conference on Trade and Development (UNCTAD), and World Trade Organization (WTO).
Author :United Nations Conference on Trade and Development (UNCTAD) Publisher :United Nations ISBN 13 :9213627874 Total Pages :128 pages Book Rating :4.2/5 (136 download)
Book Synopsis Information Economy Report 2017 by : United Nations Conference on Trade and Development (UNCTAD)
Download or read book Information Economy Report 2017 written by United Nations Conference on Trade and Development (UNCTAD) and published by United Nations. This book was released on 2017-12-28 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Information Economy Report 2017 analyzes the evolving digital economy and its implications for trade and development. While these are still early days of the digital economy, it is already clear that it will have globally transformative impacts on the way we live, work and develop our economies. As the world strives to implement the 2030 Agenda for Sustainable Development, harnessing the power of information and communications technologies (ICTs) is essential. Large parts of the developing world remain disconnected from the Internet, and many people lack access to high-speed broadband connectivity. Policymaking at the national and international levels needs to mitigate the risk that digitalization could widen existing divides and create new gaps. Since increased reliance on digital technologies, such as cloud computing, three-dimensional printing, big data and “the Internet of things”, it is essential to start assessing opportunities and pitfalls alike, and to prepare for what is coming. The analysis contained in the report contributes to this process and proposes ways in which the international community can reduce inequality, enable the benefits of digitalization to reach all people and ensure that no one is left behind by the evolving digital economy.
Book Synopsis U.S. Technological Endeavors by : Beverly Howard
Download or read book U.S. Technological Endeavors written by Beverly Howard and published by Nova Science Publishers. This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the rules of global Internet develop and evolve, digital trade has risen in prominence on the global trade and economic agenda, but multilateral trade agreements have not kept pace with the complexities of the digital economy. The economic impact of the Internet is estimated to be $4.2 trillion in 2016, making it the equivalent of the fifth-largest national economy. According to one source, the volume of global data flows grew 45-fold from 2005 to 2014, faster than international trade or financial flows. Congress has an important role to play in shaping global digital trade policy, from oversight of agencies charged with regulating cross-border data flows to shaping and considering legislation to implement new trade rules and disciplines through ongoing trade negotiations, and also working with the executive branch to identify the right balance between digital trade and other policy objectives, including privacy and national security. This book discusses the role of digital trade in the U.S. economy, barriers to digital trade, digital trade agreement provisions, and other selected policy issues. It also discusses the digital economy and cross-border trade, and U.S. semiconductor manufacturing.
Book Synopsis The Fourth Industrial Revolution by : Klaus Schwab
Download or read book The Fourth Industrial Revolution written by Klaus Schwab and published by Currency. This book was released on 2017-01-03 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.
Book Synopsis The Dynamic Gains from Free Digital Trade for the U.S. Economy by : United States. Congress. Joint Economic Committee
Download or read book The Dynamic Gains from Free Digital Trade for the U.S. Economy written by United States. Congress. Joint Economic Committee and published by . This book was released on 2017 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economics of Digital Transformation by : Katarzyna Śledziewska
Download or read book The Economics of Digital Transformation written by Katarzyna Śledziewska and published by Routledge. This book was released on 2021-08-01 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unprecedented Covid-19 crisis revealed the scale and scope of a new type of economy taking shape in front of our very eyes: the digital economy. This book presents a concise theoretical and conceptual framework for a more nuanced analysis of the economic and sociological impacts of the technological disruption that is taking place in the markets of goods and services, labour markets, and the global economy more generally. This interdisciplinary work is a must for researchers and students from economics, business, and other social science majors who seek an overview of the main digital economy concepts and research. Its down-to-earth approach and communicative style will also speak to businesses practitioners who want to understand the ongoing digital disruption of the market rules and emergence of the new digital business models. The book refers to academic insights from economics and sociology while giving numerous empirical examples drawn from basic and applied research and business. It addresses several burning issues: how are digital processes transforming traditional business models? Does intelligent automation threaten our jobs? Are we reaching the end of globalisation as we know it? How can we best prepare ourselves and our children for the digitally transformed world? The book will help the reader gain a better understanding of the mechanisms behind the digital transformation, something that is essential in order to not only reap the plentiful opportunities being created by the digital economy but also to avoid its many pitfalls. Chapters 1, 3 and 5 of this book are available for free in PDF format as Open Access from the individual product page at www.routledge.com. They have been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.
Book Synopsis Big Data and Global Trade Law by : Mira Burri
Download or read book Big Data and Global Trade Law written by Mira Burri and published by Cambridge University Press. This book was released on 2021-07-29 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: An exploration of the current state of global trade law in the era of Big Data and AI. This title is also available as Open Access on Cambridge Core.
