OECD DIGITAL ECONOMY OUTLOOK 2020
Acronyms, Abbreviations, and Units of Measure
- ICT: Information and Communication Technologies
- OECD: Organisation for Economic Co-operation and Development
- GDP: Gross Domestic Product
- GDP per capita: Per capita Gross Domestic Product
- PPP: Purchasing Power Parity
- %: Percentage
- USD: United States Dollar
- EUR: Euro
- Mbps: Megabits per second
Executive Summary
The OECD Digital Economy Outlook 2020 presents an in-depth analysis of the evolving digital economy landscape across OECD countries and partner economies. It highlights the role of information and communication technologies (ICTs) and the Internet in achieving public policy objectives, showcasing regulatory practices and policy options that maximize the digital economy's potential as a driver for innovation and inclusive growth.
Key Findings
- Access: The report emphasizes advancements in digital access, including broadband penetration, mobile connectivity, and satellite services, which facilitate wider participation in the digital economy.
- Use: It explores the impact of digital technologies on consumer behavior, productivity gains, and the transformation of various sectors such as healthcare, education, and retail.
- Innovation: The digital economy is driving innovation through the development of new technologies, platforms, and business models, fostering a culture of experimentation and rapid technological advancement.
- Jobs: The digital economy is creating new job opportunities while transforming traditional employment patterns, leading to a growing demand for digital skills.
- Society: It addresses the societal implications of digitalization, including the digital divide, privacy concerns, and the need for digital literacy programs.
- Trust: The report discusses the importance of trust in digital ecosystems, including cybersecurity measures, data protection regulations, and ethical guidelines.
- Market Openness: It evaluates the role of digital trade and open markets in facilitating global economic integration and competition.
Going Digital: An Integrated Approach to Policy Making in the Digital Age
- Access: Policies aim to ensure universal and affordable access to high-speed internet, particularly in rural and remote areas.
- Use: Strategies focus on enhancing digital literacy, promoting the adoption of digital tools, and integrating digital solutions in public services.
- Innovation: Governments are encouraging investment in R&D, supporting start-ups, and fostering collaborations between industry, academia, and government.
- Jobs: Policies address skill mismatches, promote lifelong learning, and support the creation of jobs in high-demand sectors.
- Society: Initiatives tackle issues like digital inclusion, privacy, and security, aiming to build a fair and resilient society.
- Trust: Regulations and guidelines are established to protect consumers, ensure data integrity, and uphold ethical standards in the digital realm.
Putting the Framework into Practice
The OECD Digital Economy Outlook provides practical recommendations for policymakers to align national strategies with global trends, ensuring that digital transformation benefits all segments of society. It underscores the importance of collaboration, innovation, and adaptive policies in navigating the complexities of the digital age.
References & Notes
Detailed references and notes are provided throughout the document to support the findings and analyses presented. These sections offer further reading material and insights into the methodologies and data sources used in the report.