UNCTAD News l Coronavirus the reveals urgent need to bridge the digital divide

The coronavirus is at once speeding up the transition to a digital economy while exposing the digital divide.

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10 April 20
UNCTAD News
Coronavirus reveals need to bridge the digital divide
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The global crisis brought on by the coronavirus pandemic has pushed us further into a digital world. But not everyone is ready to embrace a more digitized existence.
A
new analysis from UNCTAD (https://unctad.us6.list-manage.com/track/click?u=3592d5dcafd1b9278dd78095f&id=018688551b&e=68e5ef268d) maps the changing digital landscape since the last major global calamity, the 2008/09 financial crisis. It looks at how a digitally enabled world is working for some, but not all equally. More (https://unctad.us6.list-manage.com/track/click?u=3592d5dcafd1b9278dd78095f&id=f69f4fd74e&e=68e5ef268d)
COVID-19 affirms urgency of trade facilitation reforms in Angola
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Angola’s oil-dependent economy has been hit by low demand due to the coronavirus pandemic. It’s banking on trade facilitation reforms to improve competitiveness in other sectors.
Diversifying Angola’s economic dependence on oil is key to boosting competitiveness reducing vulnerability. Train For Trade II (https://unctad.us6.list-manage.com/track/click?u=3592d5dcafd1b9278dd78095f&id=57554a53c9&e=68e5ef268d) , a programme supported by UNCTAD and funded by the European Union, does exactly that. More (https://unctad.us6.list-manage.com/track/click?u=3592d5dcafd1b9278dd78095f&id=b272b2187d&e=68e5ef268d)
COVID-19: Firmer action needed to better protect consumers
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The coronavirus pandemic has opened the floodgates of unfair, misleading and abusive business practices, hitting consumers hard and leaving the most vulnerable most at a disadvantage.
Cases of price gouging for essential hygiene consumer products such as masks, hand sanitizer and basic household products have surged.
Authorities need to do more to monitor and act on unfair business practices and criminal activities exploiting fears over the coronavirus pandemic. More (https://unctad.us6.list-manage.com/track/click?u=3592d5dcafd1b9278dd78095f&id=f455423538&e=68e5ef268d)
Defending competition in markets during the coronavirus pandemic
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Under normal circumstances competition is needed in markets to keep prices low, but with the COVID-19 crisis wreaking havoc on markets the world over, collaboration has taken precedence.
The pandemic’s sweeping economic impact has left governments balancing between defending competition, so prices do not become prohibitive, and granting exemptions to competition rules to ensure the survival of entire economic sectors. More (https://unctad.us6.list-manage.com/track/click?u=3592d5dcafd1b9278dd78095f&id=73a6c27927&e=68e5ef268d)
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