CEPII, Recherche et Expertise sur l'economie mondiale
Jeudi 20 juin 2024
2.00-3.15 pm (CET) - CEPII, 20 avenue de Ségur, 75007 Paris
The CEPII research seminar : "East meets West - Contrasting Asian and Latin America's Trade in Digital Services Dynamics and Determinants"

Nanno Mulder
Head of the International Trade Unit at CEPAL
Nanno Mulder will present "East meets West: Contrasting Asian and Latin America’s trade in digital services dynamics and determinant'

The service sector accounts for over half of GDP and employment in East Asia and Latin America. Also, the past two decades showed a fast increase in digital services trade in both parts of the world, often surpassing goods trade when including services embedded in traded goods. In his presentation, Mr. Mulder will compare East Asia and Latin America’s digital services trade dynamics. Also, he will explore the impact of trade restrictions on digital services trade between 2014 and 2021, together with other barriers to the countries’ participation in this type of trade. The findings highlight the much smaller intra-regional digital service trade in Latin America compared to East Asia, diverse regulatory landscapes, and the potential benefit of reducing regulatory heterogeneity for the trade dynamics in both regions. Moreover, he will outline the benefits of regional integration in digital services, such as job creation, added value to exports, improved competitiveness, technological adaptation, and higher participation in global value chains. The study concludes that promoting intra-regional digital service trade in East Asia and Latin America is feasible through policy measures focused on reducing regulatory barriers, enhancing connectivity, and increasing skilled human resources without requiring significant financing. Moreover, more integrated regional markets would enhance both region’s performance in global digital services trade.

Contact: conferencesatcepii.fr