The Digital Economy: Impacts on Global Trade Dynamics

Authors

  • Taylor Green
  • Jordan Young
  • Kim Carter

Keywords:

digital, economy, trade, technology, policy

Abstract

This paper explores the transformative power of the digital economy on global trade dynamics. With the increasing role of digital platforms, blockchain, and artificial intelligence, traditional trade models are being reshaped. The study highlights how these technological advancements affect trade efficiencies, cost structures, and economic policies. Moreover, the paper examines the implications for developing nations and their integration into global markets. The findings underscore the necessity for adaptive economic policies to harness the benefits of digital trade while mitigating potential challenges. The paper contributes to a deeper understanding of the digital economy's role in shaping future trade patterns and economic growth.

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Author Biographies

Taylor Green

PhD
Harvard University
Cambridge, MA, USA

Jordan Young

PhD
Kyiv National Economic University
Kyiv, Ukraine

Kim Carter

PhD
London School of Economics
London, UK

References

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Published

2024-08-29

Issue

Section

Articles