Dr. Kati Suominen Founder & CEO, Nextrade Group Adjunct Fellow, Center for Strategic and International Studies (CSIS) 28 May 2015 WSIS, Geneva

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Presentation transcript:

Dr. Kati Suominen Founder & CEO, Nextrade Group Adjunct Fellow, Center for Strategic and International Studies (CSIS) 28 May 2015 WSIS, Geneva Aid for eTrade: Accelerating the Global eCommerce Revolution 1

Ecommerce flattens the world Export Participation and Performance of Chilean eBay Sellers vs. Traditional SMEs Source: eBay (2013). Commerce 3.0 for Development.. 2

SMEs’ Sales Reach by Market, by Level of Web Use 3 Source: Boston Consulting Group (2014), “Greasing the Wheels of the Internet Economy.”

Ecommerce Increases: SMEs’ export participation & job-creation Broad-based gains from trade at bottom of the pyramid Export diversification Trade volumes Product / input quality and variety for importers and consumers  How to ensure all companies benefit?  How to accelerate cross-border ecommerce? 4

Aid for eTrade Comprehensive initiative to channel $100bn in to boost ecommerce in the developing world Based on public-private partnerships Engages a large ecosystem of stakeholders w/ interest in the digital economy Ride on the momentum of FTAs E.g., Pacific Alliance, APEC, TPP, TTIP Conditioned on fair and open Internet policies “MCC spirit” Improves on Aid for Trade Monitoring & evaluation, systematic PPPs, focus on gender 5

Good ICT, low economic gains Poor ICT, low economic gains Source: The World Economic Forum Enabling Trade Index Economic Impacts from ICT ICT Infrastructure quality Aid for eTrade: Tailored for Countries Needs 6

Aid for eTrade: Unlocking Constraints to eCommerce ICT infrastructure development e-Learning: Capacity-building for firms to leverage ecommerce e-Payments: Openness and interoperability of payments networks Trade compliance: New trade compliance models leveraging technology Logistics & distribution Policy advice on Internet governance and ecommerce policies 7

SMEs not optimally connected Source: World Bank Enterprise Surveys.

Dr. Kati Suominen Founder & CEO, Nextrade Group Adjunct Fellow, Center for Strategic and International Studies (CSIS) 28 May 2015 WSIS, Geneva Aid for eTrade: Accelerating the Global eCommerce Revolution 9 Paper: Article: revolution/

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