World Trade Report 2020 – Government policies to promote innovation in the digital age
Published 09 March 2021 | 1 minute read
The annual publication looks at the policies aimed at supporting the transition towards a digital economy and how trade and the WTO fit with them.
The World Trade Report 2020 shows that international cooperation can play a significant role in making the pursuit of digital development and technological innovation more effective, while minimizing negative spill-overs from national policies.
The WTO agreements, reached a quarter of a century ago, have proved to be remarkably forward-looking in providing a framework that has favored the development of ICT-enabled economies across all levels of development. Further international cooperation at the WTO and elsewhere would enable continued innovation and reduce trade tensions, helping international markets function more predictably.
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