We continued implementing the UN Financial Disclosure Programme, designed to identify, resolve and mitigate conflict of interest risks arising from staff members' personal financial assets, liabilities, investments and outside activities. E.17.II.D.3 WIR 2016 . The 2020 Otis Report on the Creative Economy is part of an ongoing research project, first commissioned in 2007, to better understand the size, growth, structure, and character of the creative . The DESI 2020 reports are based on 2019 data. It has been estimated that global Internet traffic in 2022 will exceed all the Internet traffic up to 2016. Greece ranks 156 out of 190 countries for Ease of Registering Property in the World Bank's Doing Business 2020 Report, down from 153 . At the same time, e-commerce's share in global retail increased from 14% to 17% from 2019 to 2020. Geneva, Switzerland Responsible for delivering UNCTAD's digital content and leading on digital strategy, campaigns, and outreach for the organization and with partner agencies, donors, and stakeholders. We urged the international community to ramp up efforts to improve productive capacities in LDCs to help them cope with the fallout from the pandemic. In particular, the report examines the implications of cross-border data flows, especially for developing countries, and calls on countries to enable digital data sharing as freely as necessary and possible. Readership of news on our website increased by a whopping 234%, as readers sought more information, data and analysis on trade and development issues amid the COVID-19 crisis. A sampling of news and insights from our team featured in journals and publications across the globe. Global trade in goods decreased 9%, and global trade in services decreased 15%. The United Nations Conference on Trade and Development released the World Investment Report 2020. Most Popular; Study; Business; Design; Technology; Travel; . The report titled, 'International Trade and Development,' finds that economic and social disruptions caused by COVID-19 have resulted in about USD 6 trillion in losses in global trade, approximately 50% larger than the decline in trade that occurred during the 2008 recession. As the world strives to implement the 2030 . Since its inception, the UNCTAD Automated System for Customs Data (ASYCUDA) programme has assisted member States in reforming their customs regimes, procedures and systems in line with international standards and best practices. Planned joint initiatives will improve the ability of countries in the Pacific to better tackle challenges such as climate change and pandemics such as COVID-19. But right now a lot of technologists, managers, and entrepreneurs are putting too much emphasis on automation.". roadmap (2017-2019). Participants called on member States to ensure effective consumer protection, promote and protect competition in the digital economy, and facilitate international cooperation between national authorities so they can deal more effectively with fraudulent and deceptive commercial practices and anticompetitive business practices in digital markets. I am proud to lead this unique partnership that connects the dots between countries, partners and donors, and leverages the digital economy for inclusive and sustainable development, said Shamika N. Sirimanne, director of UNCTADs division on technology and logistics. United Nations Conference on Trade and Development (UNCTAD) published its "UNCTAD Digital Economy Report 2021, recently.In its report, UNCTAD noted the Philippines as one among six countries that allows free flow of data across borders. I commend its information and analysis to a wide global audience. -The government has designed the Philippines e-Commerce Roadmap 2016-2020 (PECR 2016-2020)-Objective: 100'000 Micro, Small & Medium Enterprises participating in e-commerce-Priorities: Fighting cybercrime and full implementation of the e-Government scheme-Main challenges: digital authentication which hampers government's efforts to fully . COVID-19 swept across the world like a hurricane, claiming lives and jobs, spawning a massive health crisis and dismantling economies. Albania is an upper middle-income country with a gross domestic product (GDP) per capita of USD 5,286 (2020 IMF estimate) and a population of approximately 2.9 million people. UNCTAD's work on measuring e-commerce and the digital economy aims to build the capacity of countries to produce official statistics on e-commerce and the digital economy, and that can be used to guide policy making. Data have become a key strategic asset for the creation of both private and social value. The rapid rise of digital economy - the application of internet-based technologies to the production and trade of goods and services - has reshaped how we consume, produce and trade. We are pleased to be the latest addition to the eTrade for all initiative and to join forces with partners to improve digital trade readiness in the Pacific, said Mere Falemaka, ambassador of the Pacific Island Forum to the World Trade Organization and the United Nations in Geneva. The COVID-19 pandemic presented both challenges and opportunities for the world, including our region. "Both automation and augmentation can create benefits and both can be profitable. According to the report, global FDI flows are forecast to decrease by up to 40% in 2020, from their 2019 value of $1.54 trillion. It highlights key facts and main developments, and . Our mission is to advance our collective understanding of the digital economy in order to build a tech-driven economy that benefits everyone. In our Annual Report 2020-2021, you can read how the World Economic Forum has contributed to those objectives, and its overall mission to improve the state of the world. Three-quarters of humanity resides in 137 developing countries, and, according to the UNCTAD Digital Economy Report 2019 [3], these countries account for 90% of global digital growth. The lack of such data currently constitutes a significant gap in the tool-kit governments need to design and implement ICT policies for development. it informs policy makers of regulatory practices and policy options to help maximise and the Internet to meet their public policy objectives. How these data are handled will greatly affect our ability to achieve the Sustainable Development Goals. The year ended on a hopeful note, with COVID-19 vaccines promising to bring back a sense of normalcy. First introduced at UNCTAD in 2015, Umoja has seen tremendous continuous development. It highlights how OECD countries and partner economies are taking advantage of information and communication . Global flows of foreign direct investment (FDI) will be under severe pressure this year as a result of the COVID-19 pandemic. Second meeting: Q2 2021 (tbc) o Progress in measuring e-commerce and the . In October 2020, UNCTAD signed a new agreement with the Pacific Islands Forum to enhance trade benefits in Pacific nations. Transport, logistics and trade facilitation, UNCTAD - Palais des Nations, 8-14, Av. Abstract . The new format and shorter cycle also allow our managers to estimate resources more accurately and make more informed planning assumptions, which improves their accountability for results. It illustrates how the digital transformation is affecting The report was released by the United Nations Conference on Trade and Development (UNCTAD). The OECD Digital Economy Outlook 2020 examines trends and analyses emerging opportunities economies are taking advantage of information and communication technologies (ICTs) Digital economy assessment should aim to mobilize the necessary country-level leadership and digital leadership institutions. Between 2017 and 2021, PIFS partnered with UNCTAD to conduct five eTrade readiness . The pandemic laid bare fractures and fault lines that have deepened across the global economy. This year's Report naturally takes stock of the COVID-19 crisis. The government sees honey as a product that could help diversify the countrys oil-dependent economy and is working with UNCTAD and the European Union to improve production and boost exports. Open Journal of Philosophy Vol.6 No.3 . UNCTAD. Open Access. UN projects 2.2% global GDP growth for 2023, pushing world economy into recession. India among top crypto adopters. The data-driven digital economy is characterized by large imbalances: Only 20 per cent of people in least developed countries use the Internet; when they do, it is typically at relatively low download speeds and with a relatively high price tag attached. DEVELOPMENT STATISTICS AND INFORMATION BRANCH UNCTAD Palais des Nations 1211 Geneva 10, Switzerland statistics@unctad.org. E-commerce is one of the four priorities of the Pacific Aid-for-Trade Strategy 2020-2025, given its potential to narrow distances and trade costs, and to promote the diversification of Pacific economies. Digital economy report. (2019) recommended the creation of the Working Group on Measuring E-commerce and the Digital Economy. Developing economies are expected to see the biggest fall in FDI because . Investment in developing . We warned that if austerity wins out again, then a lost decade would be unavoidable, spelling an end to the 2030 Agenda for Sustainable Development. Investment Incentives In its new report released on Wednesday, the agency said that the rebound was highly uneven along regional, sectoral and income lines, however. Ten finalists in the UNCTAD Empretec Women in Business Awards demonstrate how resilience, sustainability, circularity and inclusiveness are critical success factors in their ventures. New Digital Economy Estimates . ment and the Digital Economy PREFACE In 2016, global ows of foreign direct in-vestment fell by about 2 per cent, to $1.75 trillion. We revealed that global foreign direct investment flows slid by 13% in 2018, from $1.5 trillion the previous year to $1.3 trillion the third consecutive annual decline. The United Nations Conference on Trade and Development (UNCTADUnited Nations Conference on Trade and Development (UNCTAD 2021. Data and research on internet including broadband, telecom, security, privacy, ICTs, openness, Internet economy, e-commerce, consumer policy and e-government., The OECD Digital Economy Outlook 2020 examines trends and analyses emerging opportunities and challenges in the digital economy. All our services, including research and policy advice to clients throughout the world, are also available online. Indeed, the crisis could be a catalyst for a process of structural transformation of international production this decade, and an opportunity for increased sustainability, but this will depend on the ability to take advantage of the new industrial revolution and to overcome growing economic nationalism. The Pacific e-commerce portal, a regional information repository on e-commerce development in the Pacific, was launched in August 2022. We worked with investment promotion agencies to determine where funds were needed the most. The IMF estimates that Albania's economy contracted by 3.5% in 2020, due to the combined effect of the COVID-19 pandemic and the November 2019 earthquake. 4. . UNCTAD forecast that global foreign direct investment flows would decrease by up to 40% in 2020, from their 2019 value of $1.54 trillion, due to the COVID-19 pandemic. Watch highlights from the presentation of the Digital Economy Outlook by OECD Deputy Secretary-General Ulrik Vestergaard Knudsen and Director for Science, Technology and Innovation Andrew Wyckoff: La crise du COVID-19 renforce la ncessit de combler les fractures numriques, Maritime transport indicators. .10 No.7, July 23, 2020 DOI: 10.4236/ajibm.2020.107082. The global tourism standstill due to COVID-19 has cost the sector dearly, especially in countries heavily reliant on it, like small island nations. They inked an agreement to offer joint research and training courses to young female scientists from developing countries and opportunities for doctoral studies to young scientists from those nations. We projected that after an estimated 4.1% plunge in 2020 due to the unprecedented disruption caused by the pandemic, global maritime trade growth would return to a positive territory and expand by 4.8% in 2021, assuming world economic output recovers. 2020 Fashion. pandemic is amplifying opportunities and challenges from the digital transformation. UNCTAD's World Investment Report 2020 . Key indicators by economy, 2020. . 2021 : cross-border data flows and development: for whom the data flow, Cross-border data flows and development : for whom the data flow : digital economy report. We strictly adhere to all recommendations, resulting in an implementation rate of more than 97%. Free flow of data is required to boost the digital economy. 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