ITA Expansion and the Experience of WTO Developing Members€¦ · The 3rd Industrial Revolution 2...

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ITA Expansion and the Experience of WTO Developing Members

Francis K.H. Liang

Vice Minister, Ministry of Economic Affairs

Chinese Taipei

May 14, 2012

The 3rd Industrial Revolution

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The 1st Industrial Revolution The 2nd Industrial Revolution The 3rd Industrial Revolution

Source:The Economist, April, 2012.

The digitization of manufacturing

will transform the way goods are

made and change the politics of

jobs too. (The Economist, 2012)

Digital Lifestyle

Digital

Manufacturing

Digital Workstyle

Why the ITA Matters to Developing Countries

Trade Expand trade volume

and create the

global supply chain

Economic Growth

Boost domestic

industrial development

Innovation The key to the technology and

enhance industrial development

Productivity Lower production and operating costs

and increase productivity

Human Capital Improve educational

environment

ITA

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Why the ITA Matters to Developing Countries

IT technology and its applications improve educational

environment and human capital.

Human Capital

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Why the ITA Matters to Developing Countries

Innovation is the key to the technologies & applications

of the growth of their industrial development.

Innovation

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Efficiency

Why the ITA Matters to Developing Countries

Lower production and operating costs and increased

productivity are the most important issues of developing

countries.

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Why the ITA Matters to Developing Countries

Economic Growth

Using IT technologies and applications to boost domestic

industrial development as well as international or regional

trade.

Global Trade of IT Products

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0.5

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1.5

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2.5

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3.5

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1996 2011trillion:$

Source: WTO Secretariat

Trade Value of IT Products

$1.2

$4

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Source:OECD Information Technology Outlook 2010 Highlights, Feb. 2011.

OECD ICT trade more than doubled to USD 2.1 trillion and accounted for close to 7% of

world merchandise trade but imports outpaced exports, and the OECD share of total ICT

trade dropped from 71% in 1996 to 53% in 2008.

The global ICT trade grows stable and health

Non-OECD countries

Conclusion

• Developing countries play a more and

more important role in global IT trade and supply chain

• There are many good reasons for a country to engage in this next digital revolution

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ITA Expansion

What is the new challenge?

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ITA Expansion

What is the next step?

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ITA Expansion

Thank you!