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  1. The Online Advertising Tax as the Foundation of a Public Service Internet
    Published: 2018
    Publisher:  University of Westminster Press

    "Online advertising will soon form the largest share of global advertisement revenues. Google and Facebook netted profits of US $29 billion in 2016. While these two giants control more than 66% of all online advertising revenues complex legal company... more

     

    "Online advertising will soon form the largest share of global advertisement revenues. Google and Facebook netted profits of US $29 billion in 2016. While these two giants control more than 66% of all online advertising revenues complex legal company structures have minimised their tax liabilities. This extended policy report considers where they should be taxed and where the value of their activities is actually created. It argues that tax paid by those platforms should be levied in the country where platform users are located when they click on or view an advertisement. Furthermore, the report examines the practical steps needed to ensure transparent accounting of taxed transactions in order to avoid long term negative effects for media and democracy.

     

    Considering counter-arguments the author makes the case for an online advertising tax alongside a public service Internet strategy that could support other viable platforms and counter the dangers of duopoly or oligopoly and the high risks of financial bubbles in a world where advertising is the Internet's dominant business model."

     

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  2. The Online Advertising Tax : A Digital Policy Innovation
    Published: 2018
    Publisher:  University of Westminster Press

    "Google and Facebook currently control close to two-thirds of global advertising revenue. While dominating the online advertising market, these two companies have thus far avoided paying adequate taxes. This CAMRI policy brief presents a new policy... more

     

    "Google and Facebook currently control close to two-thirds of global advertising revenue. While dominating the online advertising market, these two companies have thus far avoided paying adequate taxes.

     

    This CAMRI policy brief presents a new policy innovation, the online advertising tax. Considering the key role of user activity and user data for the value of Google and Facebook’s services, it explains how digital advertising companies’ revenues could be taxed based on the respective country in which targeted users are located.

     

    The author reviews existing policy arguments and policy options and sets out practical steps to ensure that tax avoidance by online advertising companies is mitigated. Furthermore, he illustrates how tax revenues could be used to support public service internet platforms."

     

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  3. Media Resistance : Protest, Dislike, Abstention
    Published: 2017
    Publisher:  Springer Nature, Basingstoke

    media; communication; social media; technology; cultural politics; media law; policy more

     

    media; communication; social media; technology; cultural politics; media law; policy

     

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    Source: OAPEN
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 978-3-319-46499-2; 9783319464992
    Other identifier:
    Subjects: Film, TV & radio; Information technology industries
    Other subjects: media; communication; social media; technology; cultural politics; media law; policy
  4. Data Science and Knowledge Discovery
    Contributor: Portela, Filipe (Herausgeber)
    Published: 2022
    Publisher:  MDPI - Multidisciplinary Digital Publishing Institute, Basel

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    Source: Union catalogues
    Contributor: Portela, Filipe (Herausgeber)
    Language: Undetermined
    Media type: Ebook
    Format: Online
    ISBN: 9783036543154
    Other identifier:
    10.3390/books978-3-0365-4315-4
    Other subjects: crisis reporting; chatbots; journalists; news media; COVID-19; textbook research; digital humanities; digital infrastructures; data analysis; content base image retrieval; semantic information retrieval; deep features; multimedia document retrieval; data science; open government data; governance and social institutions; economic determinants of open data; geoinformation technology; fractal dimension; territorial road network; box-counting framework; script Python; ArcGIS; internet of things; LoRaWAN; ICT; The Things Network; ESP32 microcontroller; decision systems; rule based systems; databases; rough sets; prediction by partial matching; spatio-temporal; activity recognition; smart homes; artificial intelligence; automation; e-commerce; machine learning; big data; customer relationship management (CRM); distracted driving; driving behavior; driving operation area; data augmentation; feature extraction; authorship; text mining; attribution; neural networks; deep learning; forensic intelligence; dashboard; WebGIS; data analytics; SARS-CoV-2; Big Data; Web Intelligence; media analytics; social sciences; humanities; linked open data; adaptation process; interdisciplinary research; media criticism; classification; information systems; public health; data mining; ioCOVID19; n/a; Information technology industries; Computer science
    Scope: 1 electronic resource (254 pages)
  5. Taking the short tack
    creating income & connecting with readers using short fiction
    Published: [2020]; © 2020
    Publisher:  William Kingsfield Publishers, [Erscheinungsort nicht ermittelbar]

    Universitätsbibliothek Erlangen-Nürnberg, Hauptbibliothek
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  6. META-NET Strategic Research Agenda for Multilingual Europe 2020
    Published: 2013
    Publisher:  Springer Nature, Cham ; OAPEN FOUNDATION, The Hague

    Language Translation and Linguistics; Computational Linguistics... more

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    Language Translation and Linguistics; Computational Linguistics...

     

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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9783642363481; 9783319215693
    DDC Categories: 400; 004; 300
    Subjects: Mehrsprachigkeit; Computerlinguistik; Information technology industries; Mathematics & science; Probability & statistics
    Other subjects: Language Translation and Linguistics; Computational Linguistics
    Scope: 1 Online-Ressource (87 p.)
  7. Data Science and Knowledge Discovery
    Contributor: Portela, Filipe (Herausgeber)
    Published: 2022
    Publisher:  MDPI - Multidisciplinary Digital Publishing Institute, Basel ; OAPEN FOUNDATION, The Hague

    Data Science (DS) is gaining significant importance in the decision process due to a mix of various areas, including Computer Science, Machine Learning, Math and Statistics, domain/business knowledge, software development, and traditional research.... more

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    Data Science (DS) is gaining significant importance in the decision process due to a mix of various areas, including Computer Science, Machine Learning, Math and Statistics, domain/business knowledge, software development, and traditional research. In the business field, DS's application allows using scientific methods, processes, algorithms, and systems to extract knowledge and insights from structured and unstructured data to support the decision process. After collecting the data, it is crucial to discover the knowledge. In this step, Knowledge Discovery (KD) tasks are used to create knowledge from structured and unstructured sources (e.g., text, data, and images). The output needs to be in a readable and interpretable format. It must represent knowledge in a manner that facilitates inferencing. KD is applied in several areas, such as education, health, accounting, energy, and public administration. This book includes fourteen excellent articles which discuss this trending topic and present innovative solutions to show the importance of Data Science and Knowledge Discovery to researchers, managers, industry, society, and other communities. The chapters address several topics like Data mining, Deep Learning, Data Visualization and Analytics, Semantic data, Geospatial and Spatio-Temporal Data, Data Augmentation and Text Mining.

     

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    Source: Union catalogues
    Contributor: Portela, Filipe (Herausgeber)
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9783036543154; 9783036543161
    Subjects: Information technology industries; Computer science
    Other subjects: crisis reporting; chatbots; journalists; news media; COVID-19; textbook research; digital humanities; digital infrastructures; data analysis; content base image retrieval; semantic information retrieval; deep features; multimedia document retrieval; data science; open government data; governance and social institutions; economic determinants of open data; geoinformation technology; fractal dimension; territorial road network; box-counting framework; script Python; ArcGIS; internet of things; LoRaWAN; ICT; The Things Network; ESP32 microcontroller; decision systems; rule based systems; databases; rough sets; prediction by partial matching; spatio-temporal; activity recognition; smart homes; artificial intelligence; automation; e-commerce; machine learning; big data; customer relationship management (CRM); distracted driving; driving behavior; driving operation area; data augmentation; feature extraction; authorship; text mining; attribution; neural networks; deep learning; forensic intelligence; dashboard; WebGIS; data analytics; SARS-CoV-2; Big Data; Web Intelligence; media analytics; social sciences; humanities; linked open data; adaptation process; interdisciplinary research; media criticism; classification; information systems; public health; data mining; ioCOVID19; n/a
    Scope: 1 Online-Ressource (254 p.)
  8. Games in the platform economy
    steam's tangled markets
  9. China's digital economy
    opportunities and risks
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, DC]

    China's digital economy has expanded rapidly in recent years. While average digitalization of the economy remains lower than in advanced economies, digitalization is already high in certain regions and sectors, in particular e-commerce and fintech,... more

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    China's digital economy has expanded rapidly in recent years. While average digitalization of the economy remains lower than in advanced economies, digitalization is already high in certain regions and sectors, in particular e-commerce and fintech, and costal regions. Such transformation has boosted productivity growth, with varying impact on employment across sectors. Going forward, digitalization will continue to reshape the Chinese economy by improving efficiency, softening though not reversing, the downward trend of potential growth as the economy matures. The government should play a vital role in maximizing the benefits of digitalization while minimizing related risks, such as potential labor disruption, privacy infringement, emerging oligopolies, and financial risks

     

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  10. Data Science and Knowledge Discovery
    Contributor: Portela, Filipe (Herausgeber)
    Published: 2022
    Publisher:  MDPI - Multidisciplinary Digital Publishing Institute, Basel

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    Source: Union catalogues
    Contributor: Portela, Filipe (Herausgeber)
    Language: 0|e
    Media type: Ebook
    Format: Online
    ISBN: 9783036543154
    Subjects: Information technology industries; Computer science
    Other subjects: crisis reporting; chatbots; journalists; news media; COVID-19; textbook research; digital humanities; digital infrastructures; data analysis; content base image retrieval; semantic information retrieval; deep features; multimedia document retrieval; data science; open government data; governance and social institutions; economic determinants of open data; geoinformation technology; fractal dimension; territorial road network; box-counting framework; script Python; ArcGIS; internet of things; LoRaWAN; ICT; The Things Network; ESP32 microcontroller; decision systems; rule based systems; databases; rough sets; prediction by partial matching; spatio-temporal; activity recognition; smart homes; artificial intelligence; automation; e-commerce; machine learning; big data; customer relationship management (CRM); distracted driving; driving behavior; driving operation area; data augmentation; feature extraction; authorship; text mining; attribution; neural networks; deep learning; forensic intelligence; dashboard; WebGIS; data analytics; SARS-CoV-2; Big Data; Web Intelligence; media analytics; social sciences; humanities; linked open data; adaptation process; interdisciplinary research; media criticism; classification; information systems; public health; data mining; ioCOVID19; n/a
    Scope: 1 electronic resource (254 pages)
  11. The global bank stress test
    Published: 2022
    Publisher:  International Monetary Fund, Publication Services, Washington, DC, U.S.A.

    This paper presents the framework underlying the Global Bank Stress Test (GST) and applies it to recent data and global scenarios to illustrate the usefulness of the framework in assessing the potential impact of global shocks on banks around the... more

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    This paper presents the framework underlying the Global Bank Stress Test (GST) and applies it to recent data and global scenarios to illustrate the usefulness of the framework in assessing the potential impact of global shocks on banks around the world. The results of this latest update of the GST continue to point to relatively lower levels of resilience of banks in emerging market economies (EMs) than in advanced economies (AEs)

     

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  12. E-money
    prudential supervision, oversight, and user protection
    Published: 2021 DEC
    Publisher:  International Monetary Fund, Publication Services, Washington, DC, U.S.A.

    This departmental paper discusses the evolving prudential frameworks for nonbank issuers of electronic money. Some jurisdictions take a relatively light-touch approach to regulating electronic money issuers (EMIs). Others have sought to apply more... more

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    This departmental paper discusses the evolving prudential frameworks for nonbank issuers of electronic money. Some jurisdictions take a relatively light-touch approach to regulating electronic money issuers (EMIs). Others have sought to apply more stringent requirements to protect electronic money (e-money) users, as the sector has grown in importance. The paper aims to build on previous IMF staff contributions to the literature and to draw policy conclusions for strengthening e-money regulatory regimes; in particular in jurisdictions where issuers, individually or collectively, have grown to a size to which they are of macro-financial importance (see below). Chapter 2 provides background on the development of e-money, its economic benefits, and potential risks. Chapter 3 discusses prudential supervision of EMIs, followed in Chapter 4 by their oversight from a payments system perspective. Chapter 5 discusses potential additional measures for user protection and contingency arrangements for EMI failure. The last chapter presents policy recommendations for policymakers, especially in those emerging market economies and developing countries wherein EMIs have reached a scale at which they could have a significant economic impact if they were to fail

     

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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Book
    Format: Online
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    Series: Departmental paper / International Monetary Fund ; DP/2021, 027
    Subjects: E-money; Financial regulation; Depositinsurance; Digital currency; Debit cards; Deposit banking; General Financial Markets; Payment systems; Financial Instruments; Institutional Investors; Non-Bank Financial Institutions; Pension Funds; General Financial Markets: Government Policy and Regulation; Business and Financial; Banks and Banking; Financial Risk Management; Finance: General; Financial Institutions and Services: Government Policy and Regulation; Bankruptcy; Liquidation; Other Substantive Areas of Law: General; Innovation; Research and Development; Technological Change; Intellectual Property Rights: General; Banks; Depository Institutions; Micro Finance Institutions; Mortgages; Monetary Systems; Standards; Regimes; Government and the Monetary System; Industries: Financial Services; Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill; Information technology industries; Digital or internet economics; Political economy; Distributed ledgers; Economic & financial crises & disasters; Finance; Banking; Computer applications in industry & technology; Financial services law & regulation; Financial regulation and supervision; Money; Digital currencies; Technology; Deposit insurance; Financial crises; Payment systems; Financial markets; Bank deposits; Financial services; Mobile banking; Operational risk; Finance, Public; Law and legislation; Financial instruments; Nonbank financial institutions; Law and legislation; Financial services industry; Technological innovations; Crisis management; Clearinghouses; Banking; Banks and banking; Banks and banking, Mobile; Financial risk management; Financial services industry; Law and legislation
    Scope: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  13. Powering the digital economy
    opportunities and risks of artificial intelligence in finance
    Published: 2021 OCTOBER
    Publisher:  International Monetary Fund, Publication Services, Washington, DC, U.S.A.

    This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising... more

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    This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight

     

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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Book
    Format: Online
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    Series: Departmental paper / International Monetary Fund ; DP/2021, 024
    Subjects: Financial Stability; Embedded Bias; Financial Regulation; Cybersecurity; RiskManagement; Data Privacy; Artificial Intelligence; Machine Learning; Intelligence (AI) & Semantics; Online Safety & Privacy; Finance: General; Econometric and Statistical Methods: Special Topics: General; Model Construction and Estimation; Large Data Sets: Modeling and Analysis; General Aggregative Models: Forecasting and Simulation; Banks; Depository Institutions; Micro Finance Institutions; Mortgages; Pension Funds; Non-bank Financial Institutions; Financial Instruments; Institutional Investors; Financial Institutions and Services: Government Policy and Regulation; Technological Change: Choices and Consequences; Diffusion Processes; Innovation; Research and Development; Technological Change; Intellectual Property Rights: General; Financial Institutions and Services: General; Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill; General Financial Markets: Government Policy and Regulation; Information technology industries; Finance; Industries: Financial Services; Industries: Information Technololgy; Computer security; Technology; Financial services; Artificial intelligence; Financial sector; Economic sectors; Machine learning; Cyber risk; Financial sector stability; Financial sector policy and analysis; Information technology; Financial services industry; Technological innovations; Artificial intelligence; Financial services industry; Machine learning; Information technology; Security measures; Technology
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  14. Digitalization and taxation in Asia
    Published: 2021
    Publisher:  International Monetary Fund, Publication Services, Washington, DC, U.S.A.

    Digitalization in Asia is pervasive, unique, and growing. It stands out by its sheer scale, with internet users far exceeding numbers in other regions. This facilitates e-commerce in markets that are large by international standards, supported by... more

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    Digitalization in Asia is pervasive, unique, and growing. It stands out by its sheer scale, with internet users far exceeding numbers in other regions. This facilitates e-commerce in markets that are large by international standards, supported by innovative payment systems and featuring major corporate players, including a number of large, home-grown, highly digitalized businesses (tech giants) that rival US multinational enterprises (MNEs) in size. Opportunity for future growth exists, as a significant population share remains unconnected

     

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  15. BigTech in financial services
    regulatory approaches and architecture
    Published: January 2022
    Publisher:  International Monetary Fund, Publication Services, Washington, DC, U.S.A.

    BigTech firms are gradually entering the financial sector and becoming important service providers, particularly in emerging markets. BigTechs have entered financial services using platform-based technology to facilitate payments and more recently... more

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    BigTech firms are gradually entering the financial sector and becoming important service providers, particularly in emerging markets. BigTechs have entered financial services using platform-based technology to facilitate payments and more recently expanded into other areas, such as lending, asset management, and insurance services. They accumulate data from their nonfinancial and financial activities and draw on consumer data held in different parts of their business (such as via social media). BigTechs are applying new approaches to existing financial services products and services such as underwriting using big data and are also applying machine learning for their key business decisions, such as pricing and risk management across multiple financial sectors. Incumbent financial firms have also increased their reliance on BigTech firms to host core IT systems (for example, cloud-based services, which have the potential to improve efficiency and security). This rapid and significant expansion of BigTechs in financial services and their interconnectedness with financial service firms are potentially creating new channels of systemic risks. To achieve effective implementation and multiple objectives of financial regulation and supervision, a hybrid approach, combining a mix of entity- and activity-based approaches, is needed

     

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  16. Keeping pace with change
    Fintech and the evolution of commercial law
    Published: January 2022
    Publisher:  International Monetary Fund, Publication Services, Washington, DC, U.S.A.

    This note explores the interactions between new technologies with key areas of commercial law and potential legal changes to respond to new developments in technology and businesses. Inspired by the Bali Fintech Agenda, this note argues that country... more

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    This note explores the interactions between new technologies with key areas of commercial law and potential legal changes to respond to new developments in technology and businesses. Inspired by the Bali Fintech Agenda, this note argues that country authorities need to closely examine the adequacy of their legal frameworks to accommodate the use of new technologies and implement necessary legal reform so as to reap the benefits of fintech while mitigating risks. Given the cross-border nature of new technologies, international cooperation among all relevant stakeholders is critical. The note is structured as follows: Section II describes the relations between technology, business, and law, Section III discusses the nature and functions of commercial law; Section IV provides a brief overview of developments in fintech; Section V examines the interaction between technology and commercial law; and Section VI concludes with a preliminary agenda for legal reform to accommodate the use of new technologies

     

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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781616358808; 9781616358860
    Other identifier:
    Series: FinTech notes ; note 2022, 001
    Subjects: fintech; commercial law; distributed ledger technology; tokens; Internet of Things; automated conrtracting; registries; contract law; securities and negotiable instruments; company law; secured transactions; insolvency; digital technology; FINTECH note; contract law; evolution of commercial law; publication order; DLT network; Smart contracts; technological innovations; artificial intelligence; smart contracts; Blockchain and DLT; Technological innovation; Emerging technologies; Securities; Informal Economy; Underground Econom; Investments: General; Foreign Exchange; Corporation and Securities Law; Regulation and Business Law: General; Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems; Innovation; Research and Development; Technological Change; Intellectual Property Rights: General; Technological Change: Choices and Consequences; Diffusion Processes; General Financial Markets: General (includes Measurement and Data); Economics of specific sectors; Economic & financial crises & disasters; Banking law; Financial administration & public finance law; Financial services law & regulation; Corporate & business tax; Distributed ledgers; Computer applications in industry & technology; Inventions & inventors; Information technology industries; Investment & securities; Economic sectors; Economic theory; Technology; Central banks; Internet: General; Intelligence (AI) & Semantics; Industries: Financial Services; Inventions; Industries: Information Technololgy; Financial institutions; Informal sector; Economics; Currency crises; Financial services industry; Law and legislation; Nonbank financial institutions; Law and legislation; Financial services industry; Technological innovations; Economics: General; Technology; Macroeconomics; Blockchains; Databases; Financial instruments
    Scope: 1 Online-Ressource (circa 31 Seiten), Illustrationen
  17. Capital flow management measures in the digital age
    challenges of crypto assets
    Published: May 2022
    Publisher:  International Monetary Fund, Publication Services, Washington, DC, U.S.A.

    Capital flow management measures (CFMs) can be part of the broader policy toolkit to help countries reap the benefits of capital flows while managing the associated risks. Their implementation typically requires that financial intermediaries verify... more

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    Capital flow management measures (CFMs) can be part of the broader policy toolkit to help countries reap the benefits of capital flows while managing the associated risks. Their implementation typically requires that financial intermediaries verify the nature of transactions and the identities of transacting parties but is facing the rising challenge of crypto assets. Indeed, crypto assets have become a significant instrument for payments and speculative investments in some countries. They can be traded pseudonymously and held without identification of the residency of the asset holder. Many crypto service providers operate across borders, making supervision and enforcement by national authorities more difficult. The challenges posed by the attributes of crypto assets are compounded by gaps in the legal and regulatory frameworks. This paper aims to discuss how crypto assets could impact the effectiveness of CFMs from a structural and longer-term perspective. To preserve the effectiveness of CFMs against crypto-related challenges, policymakers need to consider a multifaceted strategy whose essential elements include clarifying the legal status of crypto assets and ensuring that CFM laws and regulations cover them; devising a comprehensive, consistent, and coordinated regulatory approach to crypto assets and applying it effectively to CFMs; establishing international collaborative arrangements for supervision of crypto assets; addressing data gaps and leveraging technology (regtech and suptech) to create anomaly-detection models and red-flag indicators that will allow for timely risk monitoring and CFM implementation

     

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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: FinTech notes ; note 2022, 005
    Subjects: capital flow management measures; CFMs; crypto assets; digital currencies; Regtech; Suptech; untraceable transactions; crypto exchanges; distributed ledger technology; Bitcoin; FINTECH note; asset holder; capital outflow restriction; crypto asset Adoption; crypto-asset exchange; Virtual currencies; Capital flow management; Blockchain and DLT; Capital flows; Anti-money laundering and combating the financing of terrorism (AML/CFT); Global; Economics: General; Macroeconomics; Industries: Financial Services; Exports and Imports; Criminology; Business and Financial; Informal Economy; Underground Econom; Foreign Exchange; Central Banks and Their Policies; Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems; International Investment; Long-term Capital Movements; Illegal Behavior and the Enforcement of Law; General Financial Markets: Government Policy and Regulation; Economics of specific sectors; Economic & financial crises & disasters; Information technology industries; Management accounting & bookkeeping; Distributed ledgers; International economics; Corporate crime; white-collar crime; Financial services law & regulation; Economic sectors; Financial crises; Central banks; Technology; Balance of payments; Crime; Informal sector; Economics; Currency crises; Technology; Financial services industry; Technological innovations; Capital movements; Blockchains; Databases; Money laundering; Financial services industry; Law and legislation
    Scope: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  18. Digitalization and resilience
    firm-level evidence during the COVID-19 pandemic
    Published: 2022 FEB
    Publisher:  International Monetary Fund, [Washington, D.C.]

    The COVID-19 pandemic has resulted in an unprecedented shock to firms with adverse consequences for existing productive capacities. At the same time, digitalization has increasingly been touted as a key pathway for mitigating economic losses from the... more

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    The COVID-19 pandemic has resulted in an unprecedented shock to firms with adverse consequences for existing productive capacities. At the same time, digitalization has increasingly been touted as a key pathway for mitigating economic losses from the pandemic, and we expect firms facing digital constraints to be less resilient to supply shocks. This paper uses firm-level data to investigate whether digitally-enabled firms have been able to mitigate economic losses arising from the pandemic better than digitally-constrained firms in the Middle East and Central Asia region using a difference-in-differences approach. Controlling for demand conditions, we find that digitally-enabled firms faced a lower decline in sales by about 4 percentage points during the pandemic compared to digitally-constrained firms, suggesting that digitalization acted as a hedge during the pandemic. Against this backdrop, our results suggest that policymakers need to close the digital gap and accelerate firms' digital transformation. This will be essential for economies to bounce back from the pandemic, and build the foundations for future resilience

     

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  19. Is digitalization driving domestic inflation?
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, DC]

    This paper examines the extent to which digitalization-measured by a new proxy based on IP addresses allocations per country-has influenced inflation dynamics in a sample of 36 advanced and emerging economies over 2000-2017. Phillips curve estimates... more

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    This paper examines the extent to which digitalization-measured by a new proxy based on IP addresses allocations per country-has influenced inflation dynamics in a sample of 36 advanced and emerging economies over 2000-2017. Phillips curve estimates show that digitalization has a statistically significant negative effect on inflation in the short run. Its economic impact is not large but has increased since 2012 and mainly operates through a cost/competition channel. Principal components and cointegration analysis further suggest digitalization is a key driver of lower trend inflation

     

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  20. Automation, skills and the future of work
    what do workers think?
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, DC]

    We exploit a survey data set that contains information on how 11,000 workers across advanced and emerging market economies perceive the main forces shaping the future of work. In general, workers feel more positive than negative about automation,... more

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    We exploit a survey data set that contains information on how 11,000 workers across advanced and emerging market economies perceive the main forces shaping the future of work. In general, workers feel more positive than negative about automation, especially in emerging markets. We find that negative perceptions about automation are prevalent among workers who are older, poorer, more exposed to job volatility, and from countries with higher levels of robot penetration. Perceptions over automation are positively viewed by workers with higher levels of job satisfaction, higher educational attainment, and from countries with stronger labor protection. Workers with positive perceptions of automation also tend to respond that re-education and retraining will be needed to adapt to rapidly evolving skill demands. These workers expect governments to have a role in shaping the future of work through protection of labor and new forms of social benefits. The demand for protection and benefits is more significant among women and workers that have suffered job volatility

     

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  21. Tax evasion from cross-border fraud
    does digitalization make a difference?
    Published: 2020
    Publisher:  International Monetary Fund, [Washington, DC]

    How can governments reduce the prevalence of cross-border tax fraud? This paper argues that the use of digital technologies offers an opportunity to reduce fraud and increase government revenue. Using data on intra-EU and world trade transactions, we... more

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    How can governments reduce the prevalence of cross-border tax fraud? This paper argues that the use of digital technologies offers an opportunity to reduce fraud and increase government revenue. Using data on intra-EU and world trade transactions, we present evidence that (i) cross-border trade tax fraud is non-trivial and prevalent in many countries; (ii) such fraud can be alleviated by the use of digital technologies at the border; and (iii) potential revenue gains of digitalization from reducing trade fraud could be substantial. Halving the distance to the digitalization frontier could raise revenues by over 1.5 percent of GDP in low-income developing countries

     

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  22. Harnessing digital technologies to promote SMEs and inclusive growth in the MENAP region
    Published: 2020
    Publisher:  International Monetary Fund, [Washington, DC]

    Policy makers in the MENAP region have been formulating policies and designing programs to develop small and medium sized enterprises (SMEs) with a view to create jobs and achieve inclusive growth. But while the programs have helped increase the... more

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    Policy makers in the MENAP region have been formulating policies and designing programs to develop small and medium sized enterprises (SMEs) with a view to create jobs and achieve inclusive growth. But while the programs have helped increase the number of enterprises, growth of SMEs continues to face barriers to growth. As a result, microenterprises predominate and SMEs contribution to employment remains below potential. Partial implementation of reforms explain some of the underperformance, but frictions in strategy design also played an important role. Sustaining current reforms is, therefore, not sufficient to achieve inclusive growth. Digital technologies have potential to boost SMEs productivity and growth and economies are rapidly digitalizing, thus SMEs need to embrace digital solutions to compete and survive. Therefore, for SMEs to be effective engines of inclusive growth, a rethinking of the SME development strategy is needed that makes SMEs' digital transformation a priority

     

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  23. Cyprus
    selected issues
    Published: 2019
    Publisher:  International Monetary Fund, Washington, D.C.

    This Selected Issues paper assesses Cyprus's export competitiveness and understands factors that could explain export developments, particularly in the services sector. Although Cyprus has been able to leverage its strategic location to diversity its... more

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    This Selected Issues paper assesses Cyprus's export competitiveness and understands factors that could explain export developments, particularly in the services sector. Although Cyprus has been able to leverage its strategic location to diversity its markets for goods exports, as a small island economy, opportunities for diversifying its products mix is more limited. Services exports have performed better in the post-crisis period buoyed by the recovery in Europe and the impact of technological advances on global Information and Communication Technologies-enabled trade. Policies to support greater market diversification, enhance competition and efficiency and strengthen technological adoption would help exports growth. Studies have established the relationship between price and cost competitiveness with trade performance. Cyprus has performed reasonably well with strong service exports over the past few years, aided by improvements in cost competitiveness and a recovery in the European export markets. Policymakers should exploit opportunities brought by the digital transformation while addressing the accompanied risks

     

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  24. Games in the platform economy
    steam's tangled markets
    Published: 2023
    Publisher:  Bristol University Press, Bristol, UK

    "This book examines the evolution of digital platform economies through the lens of online gaming with a unique economic sociology perspective. Paying particular attention to Valve s Steam platform, the book examines the architecture of this online... more

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    "This book examines the evolution of digital platform economies through the lens of online gaming with a unique economic sociology perspective. Paying particular attention to Valve s Steam platform, the book examines the architecture of this online videogame marketplace and the way it enables new markets and economic transactions."

     

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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    ISBN: 9781529223040
    RVK Categories: AP 15963
    Subjects: Digitale Plattform; Computerspiel; Netzwerkökonomik; Video games industry; Video games; BUS070110; BUSINESS & ECONOMICS / E-Commerce / General (see also COMPUTERS / Electronic Commerce); BUSINESS & ECONOMICS / Industries / Computer Industry; COMPUTERS / Social Aspects / General; Communication studies; Computer & Videospielindustrie; Digital lifestyle; Digital- und Informationstechnologien: soziale und ethische Aspekte; E-Commerce: geschäftliche Aspekte; E-commerce: business aspects; Ethical & social aspects of IT; Information technology industries; Kommunikationswissenschaft; LANGUAGE ARTS & DISCIPLINES / Communication; Media studies; Medienwissenschaften: Internet, digitale Medien und Gesellschaft; Popular culture; Populäre Kultur; SOCIAL SCIENCE / Media Studies; SOCIAL SCIENCE / Popular Culture
    Scope: vii, 148 Seiten, Illustrationen, 24 cm
    Notes:

    1. Introduction: Steam s tangled markets2. Platform configurations in gaming3. Economic sociology and the analysis of platforms as markets4. Valve corporation and the Steam platform5. Steam s business model6. Shaping market interactions on the Steam platform7. Economic actors on the steam platform8. Player trading beyond Steam9. User monetisation and value creation in tangled markets

  25. The macroeconomic impacts of digitalization in Sub-Saharan Africa
    evidence from submarine cables
    Published: April 2021
    Publisher:  International Monetary Fund, [Washington, D.C.]

    The Macroeconomic Impacts of Digitalization in Sub-Saharan Africa: Evidence from Submarine Cables more

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    The Macroeconomic Impacts of Digitalization in Sub-Saharan Africa: Evidence from Submarine Cables

     

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