How should policy-makers and companies react and plan in this rapidly changing landscape while ensuring technologies advance equality and inclusion in international trade?
With the rise of Fourth Industrial Revolution (4IR) technologies, the means to facilitate international trade are growing. Digitalization and advanced technologies have the potential to significantly reduce processing times and the cost of cross-border movements of goods, and further facilitate trade in services. Yet, as emerging technologies shape trade flows faster than trade policies can adapt, disruptions are expected to accelerate in the coming decades.
Recognizing the nexus between emerging technologies and international trade, the Digital Trade team has launched the TradeTech project to understand how 4IR technologies can facilitate global trade and develop forward-looking policy and business strategies.
TradeTech adoption is moving fast, largely driven by the private sector. But leveraging technologies for trade requires more than innovation: trade policy must keep pace. The major challe...
TradeTech, or the set of technologies and innovations that enable trade to be more efficient, inclusive, and equitable, is fundamental to harnessing the innovations of the Fourth Industri...
3D printing (3DP) might revolutionize the way products are made by disrupting manufacturing patterns, creating novel visual forms that were never possible before, enabling mass customizat...
Trade costs – the costs of moving cargo from one country to another – are a leading constraint for companies wanting to engage in trade. The development of trade single windows, a one-sto...
TradeTech is the set of technologies that enhance the efficiency, inclusivity and sustainability of global trade. From transparency to efficiency gains, it has the potential to accelerate...
Published first in Trade Finance Global.
International trade has dominated the global headlines recently. Much of the discussions have been focused on the threat of a trade war, the tit-for-tat tariffs, and the health of the glo...
