Tuesday, April 20, 2021, 11:00-12:30 Vienna time (CET)

Mr. Marc Auboin, Counselor, WTO
Ms. Ankai Xu, Research Economist, WTO

Mr. Holger Floerkemeier, Deputy Director, JVI

In the decade since the global financial crisis, government intervention in the economy has come back into fashion. Over 100 countries have articulated “new industrial policies”, “Industry 4.0”, “digital transformation” plans. While policies have always offered a mix of support to mature industries and rising sectors, an overriding theme in this new wave of measures is the goal of encouraging technological upgrading, digitalized production and digital innovation. Countries at all levels of development have policies geared to support innovation and the digital transition.

The World Trade Report 2020 looks at how the specific characteristics of the digital economy lead to a re-thinking of government policies, notably in their design and the tools they use to spur innovation. It reviews the economic rationale for innovation policies as well as the determinants of innovation. It discusses the role of trade in supporting and diffusing innovation. It shows that there is a significant role for international cooperation, including in the WTO, to make the pursuit of digital development and technological innovation more effective, while limiting negative spill-overs from national policies. 

The webinar will be held in English, with simultaneous translation into Russian.

Participants are encouraged to ask written questions to the presenters using the webinar’s chat forum.

To participate in the webinar please sign up here.

A list of JVI webinars on topical issues in the field of financial stability, fiscal policy, and macroeconomics can be found here.

The schedule of JVI courses – including virtual courses – can be found here.

We look forward to continuing our engagement with you!

Hervé Joly, Director (JVI)

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