The Fourth Industrial Revolution has opened unparalleled opportunities for the world economy, as technological and digital innovations make a profound impact on daily life.
But Industry 4.0 also unfolds during turbulent times, facing key persistent challenges such as rising debts, rising energy costs, slowing growth and the on-going trade war.
Countries not only need to combat these challenges, but also urgently need to develop their digital capacities to boost trade competitiveness in this new context.
The 2018 UNCTAD Report on Trade and Development, titled ‘Power, Platforms and the Free Trade Delusion’, examines these challenges, including the implications of the on-going trade war for the global economy, as a whole as well as in different countries/regions.
These issues have significant implications for Commonwealth countries, especially small states, as digital connectivity plays an increasing critical role in meeting sustainable development, trade and employment goals.
Key findings can provide a way forward for developing countries in the digital era.
Key speakers:
- Dr. Richard Kozul-Wright, Director - Division on Globalization and Development Strategies, UNCTAD (lead author)
- Ms. Opeyemi Abebe, Trade Adviser – Trade, Oceans and Natural Resources Directorate, Commonwealth Secretariat
Date/Venue: Wednesday 26 September, 10am to 11.30am at the Commonwealth Secretariat, Marlborough House (Main Conference Hall), Pall Mall, London SW17 5HX.
