Tag: digitaleconomy

Alibaba To Generate 30% Of Jobs In China’s Digital Economy

By 2035, the “Alibaba economy” could generate about 30% of all the jobs available in China’s digital economy, according to a new report published by management advisory firm Boston Consulting Group.

The just-released study “Year 2035: 400 Million Job Opportunities in the Digital Age” said the e-commerce giant, which has expanded into cloud computing, financial technology, media and entertainment, could account for as many as 122 million of the 415 million total jobs available in China’s digital economy, or 29.4%.

The report looked at the larger impact that technology would have on employment and talent over the coming two decades, estimating that China’s digital economy would make up 48% of the country’s total economy in 2035, accounting for US$16 trillion in spending. In 2015, those numbers were 13% and US$1.4 trillion respectively, and just over 100 million jobs.

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The World Bank – Reaping Digital Dividends: Leveraging the Internet for Development in Europe and Central Asia

The internet is creating new opportunities for individuals and businesses across the globe today. However, not everyone is benefiting equally. The economic gains or digital dividends associated with the internet often go to those with higher incomes, with the right set of skills or in the suitable enabling environment.

As a result, growing inequalities between and within countries may follow. As the new World Bank regional report Reaping Digital Dividends argues, this not need be the case. If the right set of policies are put in place, digital dividends have the potential to be the driving force of poverty reduction and shared prosperity in the Europe and Central Asia (ECA) region.

The report argues that the main challenge that ECA countries are facing is high aversion to the changes that new technologies may bring. Aversion to change manifests itself in the backlash that sharing economy platforms have suffered in the richer economies of the west, while in the east this aversion is manifested in the fear that more information could disrupt societies. While the report acknowledges that the internet – as most technological changes – may bring disruptions, its potential efficiency gains would overweigh those costs. More

Report – downloadlaunch video

source: worldbank