The State of the Digital Economy in the Commonwealth

image of The State of the Digital Economy in the Commonwealth
The Fourth Industrial Revolution presents significant opportunities and challenges for the Commonwealth. It has the potential to provide a significant source of new growth for all Commonwealth economies. However, because Commonwealth countries are at different stages in their economic, social and technological development, it will require innovative approaches to both policy and policy-making to narrow the digital divide, overcome the challenges and take advantage of this new age.

This first volume in the Commonwealth Connectivity Series explores some of the issues facing policy-makers in the Commonwealth. It provides policy recommendations that Commonwealth members can use to address the challenges and realise the benefits of the digital age.



Building Trust to Promote Regulatory Co-operation and Coherence

This chapter provides an overview of the role that regulatory co-operation can play in supporting the development of the digital economy within Commonwealth member countries. It discusses the synergies between data regulations, Open Government Data, e-commerce and digital trust. It also describes the existing models for data protection and flows, and the potential scope for the Commonwealth to collaborate in these areas. It maps out the need to update the taxation policies of Commonwealth countries to adapt to the changing economic landscape in the digital age. Finally, it explores issues of competition and intellectual property laws in the digital era.


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