Colombia faces significant political, social, and economic hurdles in building its digital economy, yet its progress toward developing a robust strategy deserves recognition. It has an opportunity to be a trailblazer and regional role model.
When domestic firms collaborate with foreign firms, domestic firms can benefit from knowledge spillovers, which has the potential to improve their performance. This is especially important if the domestic firm is in a developing country, as it allows the firm to “catch up” to world leaders, which boosts economic growth.
ITIF hosted an expert debate on these issues, featuring Daniel Gros, director of the Centre for European Policy Studies, who has argued that the United States must accept China’s rise, and ITIF President Robert Atkinson, who argued America and Europe must work together to constrain China, particularly its drive to dominate advanced technology industries.
Colombia faces significant political, social, and economic hurdles in building its digital economy, yet its progress toward developing a robust strategy deserves recognition. It has an opportunity to be a trailblazer and regional role model.
A report by the tech research company Digital Science found that, in 2019, 500,000 publications or 10 percent of the world’s total, related to the 17 sustainable development goals (SDGs) outlined by the United Nations.
There is both excitement and trepidation about the so-called “Fourth Industrial Revolution” and its ability to power growth around the world—and one critical question is how its impacts may differ in developed and developing economies.
ITIF’s submission focuses on the ITC’s interest in recent developments in the digital economy for key SSA markets, including national and regional regulatory and policy measures and market conditions that affect digital trade.
Perhaps the most important step developing nations need to take is throw lump-of-labor thinking overboard and embrace productivity growth, including from technology like self-service gas stations.
Student mobility has increased dramatically in recent years with 4.1 million students studying internationally in 2015, more than triple the 1.3 million international students in 1999. New research shows that these students are now far less concentrated in developed nations.