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Speaking at a G20 ministers' meeting on digital … UNCTAD also runs the eTrade for all initiative, which brings together governments from developing countries with donors and partners to enable more businesses and people to benefit from e-commerce … Argentina has selected the theme, “Building consensus for fair and sustainable development” for the 2018 G20 Leaders' Summit and identified the future of work, infrastructure for development, and a sustainable food future as three key issues for the …

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Digital wealth is concentrated in the hands of a few US- and China-based platforms … The gap between the under-connected and the hyper-digitalized countries will widen and … Figure 1 Geographical distribution of the main global platforms in the world, 2018 Under current policies and regulations, this trajectory is likely to continue, further contributing to rising inequality, warned UN Secretary-General, António … Meanwhile, Alibaba is estimated to have close to 60% of the Chinese e-commerce market …

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Digital platforms create new opportunities for companies of all sizes to engage in trade … They can lead to efficiency gains through lower transaction costs and reduced information asymmetries supported by rating systems … Other benefits include lower consumer prices, increased market access, more competition … This policy brief is based on the Information Economy Report 2017 Digitalization, Trade and Development and the 2018 publication Fostering development gains from e-commerce and digital platforms …

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Governments called on to apply the same approaches to building start-up ecosystems as they do for foreign direct investment … Related links The Least Developed Countries Report 2018 Entrepreneurship for structural transformation Beyond business as usual eFounders Fellowship Programme Hear what the Fellows have to say A recent UNCTAD report about entrepreneurship in … “E-commerce provides many opportunities for growth in the developing world, but we need to seize those opportunities now …