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
4 4
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
0
0.5
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1.5
2
2.5
3
3.5
4
1996 2011trillion:$
Source: WTO Secretariat
Trade Value of IT Products
$1.2
$4
9
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!