The Report finds that one of the most significant impacts of digital technologies is the extent to which they will reduce trade costs. In addition, digital technologies will affect the composition of trade by increasing the services component, fostering trade in certain goods such as time-sensitive products, changing patterns of comparative advantage and affecting the complexity and length of global value chains. A number of simulations outlined in the Report show that future technological changes are expected to increase trade growth, especially in trade in services, and that developing countries are likely to gain an increasing share of global trade. The Report concludes that the expansion of digital trade is likely to entail considerable benefits but that international cooperation is needed to help governments ensure that digital trade continues to be an engine of inclusive economic development.
Chapter A Introduction -- Chapter B -- Towards a new digital era -- Chapter C -- The economics of how digital technologies impact trade -- Chapter D -- How do we prepare for the technology-induced reshaping of trade? -- Chapter E -- Conclusions

232 p. ill., charts

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