Electronic Commerce and Inclusiveness of Global Value Chains

WTO Public Forum Session
Organised by
University of International Business and Economics (UIBE)
4 October 2018
|
Geneva, Switzerland

GVCs  are  a  great  driver  of  international  trade  and  investment  development  in  recent  decades.  But  GVCs  are  largely  controlled  by  a  small  group  of  multi-national  companies  and  benefiting  selected  countries  and  regions.  Electronic  commerce  has  played  a  significant  role  by  lowering  entrance  costs  and  barriers  in  helping SMEs and developing countries to get involved in international trade. Therefore, the inclusiveness of  GVCs  could  be  greatly  enhanced  by  expanding  and  extending  E-commerce  to  more  developing  countries.  In  order  to  make  it  happen,  state  and  private  sectors  should  work  together  to  address  the  economic and policy obstacles restricting the development of E-commerce and GVCs.

Ricardo Meléndez-Ortiz, Chief Executive of ICTSD, is a panellist.