Aid for eTrade: Accelerating the Global eCommerce Revolution Dr. Kati Suominen Founder & CEO, Nextrade Group Adjunct Fellow, Center for Strategic and International Studies (CSIS) 28 May 2015 WSIS, Geneva [email protected] 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 Source: Boston Consulting Group (2014), “Greasing the Wheels of the Internet Economy.” 3 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 2016-2020 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 ICT Infrastructure quality Good ICT, low economic gains Aid for eTrade: Tailored for Countries Needs Poor ICT, low economic gains Economic Impacts from ICT Source: The World Economic Forum. 2014. Enabling Trade Index 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. Aid for eTrade: Accelerating the Global eCommerce Revolution • Paper: http://csis.org/files/publication/141107_eBay_CSIS_aid_eTrade.pdf • Article: http://e15initiative.org/blogs/aid-for-etrade-accelerating-the-e-commercerevolution/ Dr. Kati Suominen Founder & CEO, Nextrade Group Adjunct Fellow, Center for Strategic and International Studies (CSIS) 28 May 2015 WSIS, Geneva [email protected] 9
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