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    Digital Australia an Economic and Trade Agenda

    Meltzer, Joshua P. | May 2018
    Abstract
    The use of digital technologies is a key driver of productivity gains and it will shape the global economy over the next decades. In fact, Australia’s Commonwealth Scientific and Industrial Research Organization (CSIRO) has identified increased immersion in a digital world—characterized by data-driven new business models, platforms, and e-commerce, enabled by global supply chains—as one of the global megatrends for the next 20 years. For Australia, this will require using the global internet and data flows as drivers of innovation and productivity to underpin further decades of economic growth, jobs, and rising living standards. For instance, in the US, it is estimated that the internet has improved productivity in the digitally-intensive sectors of the economy by 7.8-10.9 percent. According to one estimate, taking full advantage of the opportunities presented by the ‘internet of things’, big data analytics, automation and online talent platforms could increase Australia’s gross domestic product (GDP) by an additional A$140 billion-A$250 billion by 2025.
    Citation
    Meltzer, Joshua P.. 2018. Digital Australia an Economic and Trade Agenda. © Brookings India. http://hdl.handle.net/11540/8354.
    Keywords
    Commerce and Industry
    Intra-Industry Trade
    Large Scale Industry
    Labor
    Electronics Industry
    Computer Industry
    Vocational Education
    Technical Education
    Quality Education
    Technical Education
    Primary Education
    Educational Systems
    Educational Reforms
    Industry
    Electronics Industry
    Commerce and Industry
    Development cooperation
    Industrialization
    Industrial Economics
    Industrial Development
    Industrial Policy
    Technology assessment
    Technological institutes
    Employment
    Information Media
    Mass Media
    Export Oriented Industries
    Electronics
    Computers
    Telecommunications Industry
    Manufacturing Industries
    Microprocessors
    Electronic Equipment
    Communication Industry
    Training programs
    Vocational training
    Training methods
    Economic growth
    Training courses
    Technological institutes
    Labor market
    Educational aspects
    Compulsory education
    Economics of education
    Educational policy
    Industrial Projects
    Industrial Products
    Industrial Policy
    Manufacturing Industries
    Industrial Sector
    Microelectronics industry
    Electronic industries
    Digital electronics
    Microelectronics
    Podcasts
    Music videos
    Internet videos
    Interactive videos
    Videos
    Video recordings
    TV
    Mobile communication systems
    Sound recordings
    Motion pictures
    Automation
    Educational innovations
    Technical institutes
    Engineering schools
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    Citable URI
    http://hdl.handle.net/11540/8354
    Metadata
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    Thumbnail
    working-paper-118_australias-digital-economy-revised-v8.pdf (9.845Mb)
    Author
    Meltzer, Joshua P.
    Theme
    Industry
    Education
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise