UNCTAD Digital Economy Report 2019
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The first UNCTAD Digital Economy Report 2019 is published online, an analysis of Value Creation and Capture: Implications for Developing Countries. Concerted global efforts are required to spread the rapidly expanding digital economy’s gains to the many people who currently reap little benefit from it, says this new United Nations report.
The UN Conference on Trade and Development (UNCTAD) has released its first-ever Digital Economy Report 2019 that maps the flow, data and funds in the world’s digital economy. It outlines the enormous potential gains and possible development costs as more of the world moves, connects and buys online.
Wealth creation in the digital economy is highly concentrated in the United States and China, with the rest of the world, especially countries in Africa and Latin America, trailing considerably far behind, according to the report.
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