Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/179207 
Authors: 
Year of Publication: 
2017
Series/Report no.: 
ADBI Working Paper No. 751
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
The Internet greatly increases firms' potential to produce new goods and service for new markets. The Internet is also having a dramatic impact on services, especially in the retail, trade and finance sectors, by enabling firms to digitize their products and deliver them over long distances. This paper considers how the Internet can increase exports by reducing trade costs, discusses how e-commerce is transforming sales to both domestic and foreign consumers, and considers how the Internet is making firms more mobile. Despite the enormous potential benefits, the use of the Internet to conduct digital trade is relatively limited in Europe and Central Asia (ECA). The paper focuses on the broad range of developing and developed countries in the ECA region, whose experience will have relevance for many countries. The policy priorities for governments are then reviewed, followed by the new challenges for policy.
Subjects: 
e-commerce
international trade
Internet
trade costs
firm location
Europe and Central Asia
JEL: 
F10
F13
O10
L81
O52
O53
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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