E-commerce policy and the global economy: A path to more inclusive development?

Ali A. Ahi; Noemi Sinkovics; Rudolf Sinkovics

doi:10.1007/s11575-022-00490-1

E-commerce policy and the global economy: A path to more inclusive development?

Ali A. Ahi, Noemi Sinkovics, Rudolf Sinkovics^* (Corresponding Author)

^*Corresponding author for this work

Business Management

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Abstract

The advancement of digitalization is gradually transforming the existing structure of the global economy. According to the McKinsey Global Institute, almost all cross-border transactions had a digital component in 2016 (Manyika et al. 2016). This is also reflected by the growing literature on digitalization and e-commerce. Yet, studies specifically focusing on e-commerce policy are scarce compared with other areas in this domain. By going beyond academic articles and including policy documents in our analysis, this study takes stock of the issues as well as the policy recommendations identified in these publications. Our analysis reveals that to promote an inclusive e-commerce participation, it is imperative to design policies that improve countries’ formal institutions, facilitate the inclusion of less-developed countries in the e-commerce space, and enhance e-commerce adoption by small- and medium-sized enterprises. We highlight the significance of collaboration between and solidarity among governments and other stakeholders.

Original language	English
Pages (from-to)	27-56
Number of pages	30
Journal	Management International Review
Volume	63
Early online date	3 Nov 2022
DOIs	https://doi.org/10.1007/s11575-022-00490-1
Publication status	Published - 1 Feb 2023

Keywords

international e-commerce
policy
global
global economy
governance system
inclusive e-commerce
sustainable development

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Cite this

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title = "E-commerce policy and the global economy: A path to more inclusive development?",

abstract = "The advancement of digitalization is gradually transforming the existing structure of the global economy. According to the McKinsey Global Institute, almost all cross-border transactions had a digital component in 2016 (Manyika et al. 2016). This is also reflected by the growing literature on digitalization and e-commerce. Yet, studies specifically focusing on e-commerce policy are scarce compared with other areas in this domain. By going beyond academic articles and including policy documents in our analysis, this study takes stock of the issues as well as the policy recommendations identified in these publications. Our analysis reveals that to promote an inclusive e-commerce participation, it is imperative to design policies that improve countries{\textquoteright} formal institutions, facilitate the inclusion of less-developed countries in the e-commerce space, and enhance e-commerce adoption by small- and medium-sized enterprises. We highlight the significance of collaboration between and solidarity among governments and other stakeholders.",

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note = "Acknowledgements We are grateful to the Guest Editor, Zaheer Khan, and two anonymous reviewers for their comments and suggestions, which greatly helped the development of the paper. Alan Ali Ahi also gratefully acknowledges the financial support from the Foundation for Economic Education (Liikesivistysrahasto), Finland.",

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AU - Sinkovics, Rudolf

N1 - Acknowledgements We are grateful to the Guest Editor, Zaheer Khan, and two anonymous reviewers for their comments and suggestions, which greatly helped the development of the paper. Alan Ali Ahi also gratefully acknowledges the financial support from the Foundation for Economic Education (Liikesivistysrahasto), Finland.

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AB - The advancement of digitalization is gradually transforming the existing structure of the global economy. According to the McKinsey Global Institute, almost all cross-border transactions had a digital component in 2016 (Manyika et al. 2016). This is also reflected by the growing literature on digitalization and e-commerce. Yet, studies specifically focusing on e-commerce policy are scarce compared with other areas in this domain. By going beyond academic articles and including policy documents in our analysis, this study takes stock of the issues as well as the policy recommendations identified in these publications. Our analysis reveals that to promote an inclusive e-commerce participation, it is imperative to design policies that improve countries’ formal institutions, facilitate the inclusion of less-developed countries in the e-commerce space, and enhance e-commerce adoption by small- and medium-sized enterprises. We highlight the significance of collaboration between and solidarity among governments and other stakeholders.

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KW - policy

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E-commerce policy and the global economy: A path to more inclusive development?

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