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New on Our Knowledge Center: UNCTAD Rapid eTrade Readiness Assessments of Least Developed Countries

Published on April 16, 2019

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The United Nations Conference on Trade and Development (UNCTAD) report on Rapid eTrade Readiness Assessments of Least Developed Countries (LDCs) examines the readiness of LCDs to engage in e-commerce and concludes that they are inadequately prepared to capture the many opportunities emerging as a result of digitalization. The digitalization of economic activities is a reality in today’s world economy. All countries face, though at different levels, challenges to adapt to this fast-evolving technological environment and adopt smart, forward-looking policies to fully participate in e-commerce, moving from offline to online commerce (O2O). Given the cross-cutting nature of e-commerce, better synergies and cooperation between development partners and governments are needed to accompany the implementation of the recommendations contained in the assessments.

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