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- World Investment Report 2017
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Investment and the digital economy: Introduction
- Author: United Nations Conference on Trade and Development
- Main Title: World Investment Report 2017 , pp 156-158
- Publication Date: June 2017
- DOI: https://doi.org/10.18356/a1c9382b-en
- Language: English
The digital economy – the application of internet-based digital technologies to the production and trade of goods and services – is becoming an ever more important part of the global economy. The transition to a digital economy can provide a boost to competitiveness across all sectors, new opportunities for business and entrepreneurial activity, and new avenues for accessing overseas markets. It also provides new tools for tackling persistent development and social problems. However, it comes with a host of challenges – from the global digital divide, to potential negative social and development impacts, and complex, internet-specific regulatory issues – which policymakers need to address. The opportunities and challenges associated with the digital economy are particularly important for developing countries.
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