Digital enablers of the global economy
Background paper for the CDEP Ministerial meeting
Digital technologies have transformed the global economy. This paper discusses three
underlying digital enablers of the economy and the challenges they pose for policy
makers: (1) Online platforms, which support global transactions and interactions but
are also disrupting existing consumer and competition policy frameworks; (2) Cross-border
data flows, which facilitate global trade and co-operation but also amplify policy
concerns that have motivated countries to place conditions on these data flows; and
(3) Digital security, which should be prioritised to embed trust into the digital
economy, but has often remained an afterthought owing to knowledge asymmetries across
the market. Given that these challenges are all international in nature, a global
response is needed to address them. The OECD is well-suited to foster international
co-operation on these digital enablers and support countries’ ambitions for global
digital policy frameworks.
Published on November 15, 2022Also available in: Spanish, French
In series:OECD Digital Economy Papersview more titles