G20 Argentina 2018 Reaffirms the Importance of the Digital Economy for Global Development

The final declaration of the ministerial meeting in Salta includes proposals to reduce the digital gender gap, transform the government, measure the new economy and accelerate the development of digital infrastructure, among other issues.

“We are aware that, in order to promote people-centered policies, a fair, predictable, transparent and competitive business environment, and inclusive growth in the digital era, it is essential to continue our dialogue and our work to improve access to digital market for consumers and businesses, particularly in emerging countries, as well as our understanding of the impact that emerging technologies and new business models have on the market, such as online platforms. ”

The final declaration of the Ministerial Meeting of the Argentina G20 Digital Economy, held yesterday and today in Salta, in northwestern Argentina, reflected the group’s commitment to “promote policies and actions that catalyze digital transformations.”

The document, built on the basis of the consensus reached during the Chinese and German G20 presidencies, recognizes that digitization is an increasingly important driver of economic growth. In this regard, it urges countries to deepen their understanding of new business models with the aim of accelerating the development of the digital economy in an inclusive, transparent and competitive manner.

The statement also lists the requirements of a vibrant digital economy, such as efficient and quality digital infrastructure, an environment that supports innovation and the appropriate regulatory frameworks and the promotion of the free flow of information, ideas and knowledge, among others.

In this regard, the representatives of member countries and international organizations propose a series of recommendations to reduce the digital gender gap, accelerate the development of digital infrastructure, transform government and measure the new economy.

In terms of digital inclusion, the declaration states that “in many countries the digital gender gap remains wide”, but indicates that there is an “extraordinary opportunity to implement policies and actions that accelerate the full integration of women.” At this point, delegates agreed on an annex with concrete recommendations, ranging from setting goals and addressing stereotypes to promoting women’s digital ventures.

Regarding infrastructure, the statement highlights “the common objective of the G20 to provide universal and affordable Internet access for all people by 2025” and asserts that universal connectivity is “a powerful engine of inclusive growth and sustainable development.”

Another of the highlights refers to digital government, which also incorporates a specific annex. In this regard, the representatives advocate for an “agile, innovative, integrated and data-driven public sector” that is capable of making “a vital contribution to the development of the digital economy.”

The declaration, agreed by all member countries, also addresses other issues such as emerging digital technologies and the challenge of capturing the benefits of digitization to improve productivity, and “the importance of supporting entrepreneurs and micro, small and medium enterprises Business“.

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