Countries are unprepared for the digital economy – but the UN can help
Intro:
The digital economy is worth a staggering $27 trillion, but most countries are ill-prepared to take advantage of it, UN trade experts warned on Monday.
In an effort to help developing countries boost their “e-commerce”, the UN’s trade and development agency, UNCTAD, is holding a week-long event to offer successful policy recommendations from around the world.
One problem that affects hundreds of millions of people in non-industrialized nations is the absence of data protection laws, as UNCTAD’s Shamika Sirimanne, Director of Technology and Logistics, told Daniel Johnson.
The digital economy is worth a staggering $27 trillion, but most countries are ill-prepared to take advantage of it, the UN’s trade and development agency (UNCTAD) warned on Monday.
UNCTAD, is holding a week-long event in Geneva to offer successful policy recommendations on boosting e-commerce, as the agency’s Shamika Sirimanne told Daniel Johnson.