Is Europe succeeding in digital trade? (Bertelsmann Stiftung)
08:00 - 09:00
While overall trade in goods stagnates, trade in digital services is booming and now accounts for almost a quarter of world trade. Last year, Bertelsmann published a study showing that this trend could result in dramatic economic shifts within Europe. While Ireland was grabbing new digital opportunities and ranked first, manufacturing heavy Germany was not and ranked only 19th out of 28. This year, a new study attempts to explain why and identify what domestic policies facilitate or hinder the adoption of new digital services – and what policies can support productivity growth and better use of digital business models.