The Challenges of Adapting Trade Policies to the Digital Era
Lee, Kyu Yub; Choi, Won Seok; Park, Ji Hyun; Eom, Jun-Hyun; Kang, Min Ji; Whang, Unjung | January 2022
Abstract
This study focuses on digital trade policies that affect the trading of goods and services over the internet. We use the terms digital trade and ecommerce interchangeably. Earlier studies on barriers to digital trade shed light on newly erected barriers to digital trade by country and sector (see, for example, Ferracane et al. 2018). In Jan. 2021, Global Trade Alert began to build public and comprehensive records of policy changes by G20 members that affect cross-border e-commerce. However, it is difficult to find studies that include survey results from active firms conducting digital trade, or any corresponding empirical analyses.
To fill this gap in the literature and inform policy practitioners and policy makers about digital trade, this study provides evidence on barriers to digital trade and the economic effect of digital trade, based on surveys of domestic firms in Korea and data collected from random sampling. After briefly examining the prospects of e-commerce talks at the WTO and characterizing digital trade rules at the FTA level, the study concludes by providing suggestions for major policy tasks and mid- to longterm directions of Korea’s digital trade policy.
Citation
Lee, Kyu Yub; Choi, Won Seok; Park, Ji Hyun; Eom, Jun-Hyun; Kang, Min Ji; Whang, Unjung. 2022. The Challenges of Adapting Trade Policies to the Digital Era. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/14664.ISSN
2233-9140
Keywords
Telecommunication Companies
Rural Rehabilitation
Biotechnology
Interindustry Trade
Industrial Policy
Industrial Investment
Industrial Development
Small Scale Industry
Medium Scale Industry
Local Industry
Transport Infrastructure
Trade regulations
Telecommunications Industry
Computers
Trade data interchange
Access to markets
E-Commerce
Digital
Digital trade
Trade And Development
Large Scale Industry
Regional Trade
Commerce and Industry
Trade Negotiations
Merchandise Trade
Domestic Trade
Computer Industry
Trade Regulation
Intellectual Property Rights
SMEs
Rural development
Unfair competition
Supply and demand
Energy policy
Developing countries
Industrial organizations
Creative industries
Investment banking
Microfinance
Financial planning industry
Infrastructure
Manufactures
Business failures
Wages and labor productivity
Microelectronics industry
Electronic industries
Digital electronics
Microelectronics
Electronic commerce
Business enterprises
Digital
Innovation
Supply chain
Supply chain resilience
Global value chains
Labor policy
Regional trading blocs
Foreign trade and employment
Show allCollapse