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VOL. 6, ISSUE 1 (2024)
E-commerce policy and the global economy: A path to more inclusive development
Authors
Rafiqul Islam, Imran Hosen, Jamilur Rahman Shakil, Mohammad Ala Uddin Akil, Shamim Hossain
Abstract
The advancement of digitalization is gradually transforming the
existing structure of the global economy. According to the McKinsey Global
Institute, almost all cross-border transactions had a digital component in
2016. This is also reflected by the growing literature on digitalization and
E-commerce. Yet, studies specifically focusing on E-commerce policy are scarce
compared with other areas in this domain. By going beyond academic articles and
including policy documents in our analysis, this study takes stock of the
issues as well as the policy recommendations identified in these publications.
Our analysis reveals that to promote an inclusive E-commerce participation, it
is imperative to design policies that improve countries’ formal institutions,
facilitate the inclusion of less-developed countries in the E-commerce space,
and enhance E-commerce adoption by small- and medium-sized enterprises. We
highlight the significance of collaboration between and solidarity among
governments and other stakeholders.
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Pages:11-13
How to cite this article:
Rafiqul Islam, Imran Hosen, Jamilur Rahman Shakil, Mohammad Ala Uddin Akil, Shamim Hossain "E-commerce policy and the global economy: A path to more inclusive development". International Journal of Finance and Commerce, Vol 6, Issue 1, 2024, Pages 11-13
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