Digital Trade Research
About our digital trade research
At the Hinrich Foundation we consider open digital trade to be a growth opportunity for countries as well as an enabler of major productivity improvements for sectors beyond the digital sector. However, we identified that policymakers, businesses and other stakeholders needed more information to have a robust discussion about ways to harness the benefits and manage potential risks related to digital trade.
Together with local business community groups, we commissioned AlphaBeta to size the value of the digital trade opportunity (both for exports and the domestic economy) and to assess risks for eight economies in the Asia-Pacific – Australia, China, India, Indonesia, Japan, Malaysia, Philippines and Vietnam.
Our objectives for this research project included:
- Sizing the value of the digital trade opportunity for exports and the domestic economy
- Measuring the opportunity cost of having a closed digital policy
- Identifying the risks of an open digital policy and ways to address them
- Recommending key policy actions for helping economies harness the benefits and manage potential risks
View our latest digital trade report
Hinrich Foundation, All India Management Association, and AlphaBeta Advisors released a report on July 25, 2019, titled “The Data Opportunity: The Promise of Digital Trade for India”. The report measures the current contribution and potential future impacts of digital trade to the Indian economy.
The report also formulates specific policy recommendations for capturing the digital trade opportunity and for managing potential risks. According to the report, digital trade also enables huge benefits for domestic firms in India, particularly in non-digital sectors.
Today, the economic value of digital trade-enabled benefits to the Indian economy is estimated to be worth up to ₹226 thousand crore (US$35 billion) and have the potential to grow by more than 14-fold to reach ₹3,331 thousand crore (US$512 billion) by 2030, in the right setting. Important policy and regulatory discussions on data protection, storage, and transfer are required to further expand the digital dividend.
All digital trade reports
In the news
- Hinrich Foundation China Digital Trade report was quoted in an article by Global Times. The report, titled "The Data Revolution:… Read More