Multilateral Responses to E-Commerce :: essays research papers

The Issues to contents listThe advent of the new prudence has already produced a sizable body of literature. This paper does not attempt to debate all the issues involved in the new saving, but targets to extract the implications for the external regulatory framework and to provide guidelines for necessary changes. It get out thereby focalisation on the establishment of standards, on policy co-ordination and on taxation. The new economy is sometimes seen as the herald for a truly borderless world. However, since the profit requires existent prerequisites concerning technical infra bodily structure and human capital, some worry that the developing countries will be left behind. The paper utteres this fear of a growing " proficient apartheid" in the midst of the industrialized and the developing countries and looks at policies to overcome the digital divide.The structure of the paper is as follows The paper first clarifies the various catchwords of the new economy, ex amines the fast growth of ecommerce and looks at the digital divide between countries. It then discusses the necessary modifications for the multilateral framework concerning the establishment of standards, the need as well as the scope for policy coordination, taxation and the overall interference of e-commerce. Finally, the paper looks at strategies to tackle the digital gap between countries.1.1 Catchwords and Concepts for the tender Economyto contents listVarious catchwords make up been coined to capture the essence of the economy- full(a) consequences resulting from an increased use of processed digital development and from the application of the internet for a wide array of services (software programming, webpage maintenance, ticket and hotel reservations, on-line instruction and support, ordering facilities, publishing, indexing or abstracting etc.) as well as minutes (delivering music, movies, documents, literature or software in digital form).(1) The following catch words aim at different characteristics of this phenomenon but are frequently used as synonyms "digital economy", "information economy", "knowledge-based economy", "weightless economy", "virtual economy", "internet economy", "electronic commerce", "e-commerce", "e-conomy", or maybe more capacious "new economy". Some authors have tried to assign distinguishing concepts to this variety. For example, Kling and Lamb (2000) suggest to use the precondition "information economy" to include all informational goods and services like publishing, research, legal and damages services, entertaining, and teaching in all of its forms, and the term "digital economy" to address (only) the goods and services whose development, production, sale, or provision is critically dependent upon digital technologies. Furthermore, the term "new economy" is associated for them to possible consequences of the information economy and the digital economy, to wit high growth, low inflation, and low unemployment.