Download or read book E commerce During Covid Stylized Facts from 47 Economies written by Alberto Cavallo and published by International Monetary Fund. This book was released on 2022-01-28 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study e-commerce across 47 economies and 26 industries during the COVID-19 pandemic using aggregated and anonymized transaction-level data from Mastercard, scaled to represent total consumer spending. The share of online transactions in total consumption increased more in economies with higher pre-pandemic e-commerce shares, exacerbating the digital divide across economies. Overall, the latest data suggest that these spikes in online spending shares are dissipating at the aggregate level, though there is variation across industries. In particular, the share of online spending in professional services and recreation has fallen below its pre-pandemic trend, but we observe a longer-lasting shift to digital in retail and restaurants.
Download or read book E commerce During COVID written by Joel Alcedo and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Back to Trend written by Joel Alcedo and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book E Commerce During COVID in Spain One Click Does Not Fit All written by Ms. Prachi Mishra and published by International Monetary Fund. This book was released on 2024-05-24 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The share of e-commerce in total credit-card spending boomed during Covid in Spain. In particular, women, youth, and urban consumers used e-commerce proportionally more during the pandemic, especially for services. Using a unique proprietary dataset on credit card transactions, we test conjectures about consumers’ behavior (based on fear, hoarding, or learning) during Covid. Overall, e-commerce share reverted to its pre-Covid trend as the pandemic waned. However, some consumers with lower pre-Covid e-commerce usage tend to permanently use more e-commerce, supporting the conjecture of “learning by locking” for these individuals.
Download or read book COVID 19 and E commerce written by United Nations Publications and published by . This book was released on 2022-04-30 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication assesses the impact of COVID-19 on e-commerce and digital trade. While the pandemic caused a sharp deceleration in economic activity, it also led to a rapid acceleration of e-commerce. With restrictions on movement and other public health interventions in place, digital solutions have become essential to continued delivery of economic and social activities. And, as the digital economy and e-commerce play an increased role in Sustainable Development, stakeholders at all levels have a responsibility to ensure that these technologies play a positive and powerful role in national and international recovery efforts. Indeed, those that can harness the potential of e-commerce will be better placed to benefit from global markets for their goods and services, while those that fail to do so risk falling behind. Thus, the critical global policy challenge that emerges from this study is that greater efforts are needed to help reduce inequalities in e-trade readiness that currently prevail amongst countries.
Download or read book E commerce During Covid written by Joel Alcedo and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book E commerce Evolution in Asia and the Pacific written by Asian Development Bank and published by Asian Development Bank. This book was released on 2023-11-01 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report analyzes e-commerce in Asia and the Pacific, assesses its environmental impact, and explains why providing adequate internet, online payments, and last-mile logistics is key to creating a sustainable and inclusive digital marketplace. Noting the region makes up the largest share of the world’s online retail market, it tracks the impact of the pandemic and emphasizes the need to level the playing field for small businesses. It outlines ways for companies to measure their carbon footprint, highlights the potential risk of anti-competitive behavior, and explains the need to improve digital taxation policies in line with e-commerce’s rapid growth.
Download or read book OECD Digital Economy Outlook 2024 Volume 1 Embracing the Technology Frontier written by OECD and published by OECD Publishing. This book was released on 2024-05-14 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Digital Economy Outlook 2024, Volume 1: Embracing the Technology Frontier provides new insights on key technologies that underpin the digital technology ecosystem and their impacts. Using big data and machine-learning techniques, Volume 1 provides new estimates of the growth rate of the ecosystem’s core – the information and communications technology (ICT) sector.
Download or read book COVID 19 and E commerce written by and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Pandemic Information Gap written by Joshua Gans and published by MIT Press. This book was released on 2020-11-10 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why solving the information problem should be at the core of our pandemic response: essential reading about the long-term implications of our current crisis. COVID-19 is caused by a virus. The COVID-19 pandemic is caused by a lack of good information. A pandemic is essentially an information problem: this is the enlightening and provocative idea at the heart of this book. If we solve the information problem, argues economist Joshua Gans, we can defeat the virus. For example, when we don't know who is infected, we have to act as if everyone is infected. If we actively manage the information problem--if we know who is infected and with whom they had contact--we can suppress the virus or buy time for vaccine development. This is an expanded version of an eBook originally published as Economics in the Age of COVID-19.
Download or read book Retail E commerce and COVID 19 written by Salim Zanzana and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In 2022, all remaining COVID-19 public health restrictions on Canadian retailers were gradually lifted allowing consumers to resume unrestricted in-person shopping. Despite the reopening of the Canadian economy, e-commerce remains an important platform for business operations. From February 2020 to July 2022, retail e-commerce sales increased 67.9%, and the share of e-commerce sales as a proportion of total retail sales increased markedly from 2019 to 2022 (July year to date). The persistence of retail e-commerce sales above pre-pandemic levels suggests that the switch to e-commerce during COVID-19 lockdown periods may have prompted a long-term change in consumer spending habits and retailer operating models"--Page 4.
Download or read book Ecommerce Reimagined written by Sharon Gai and published by Springer Nature. This book was released on 2022-03-28 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a practical guide to Chinese ecommerce markets for businesspeople and scholars. China represents a $5.6 trillion retail market, with the highest ecommerce penetration rate in the world. Due to the COVID-19 pandemic, brands are investing more in growing online sales. Written from the heart of the world’s largest e-commerce platform, Ecommerce Reimagined: Retail and Ecommerce in China is a book that aims to satisfy the growing need of entrepreneurs and businesses hoping to tap into China’s market and provide context to students and academics who post an interest in learning about how ecommerce has shaped the Chinese retail space.
Download or read book Benchmarking Adoption of E commerce Across the G20 Members written by Tanu M. Goyal and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 situation has accelerated the adoption of e-commerce across the world. While, globally, there has been an increase in the share of e-commerce in total retail sales, there are variations in e-commerce adoption across countries and the difference is obtrusive when one compares developed countries and emerging market economies. This paper undertakes a comparative assessment of e-commerce adoption by the G20 countries and, in doing so, it benchmarks the G20 members across different indicators that determine e-commerce adoption. Based on secondary data, the paper presents some stylized facts, discusses the regulatory scenario with respect to e-commerce in G20 countries and identifies key constraints to e-commerce adoption in the comparatively poor performers. It is found that, overall, most emerging market economies are not very well prepared to support e-commerce adoption. Rather, compared to the developed countries, emerging market economies perform poorly on indicators related to access and use of digital technology, financial inclusion, postal reliability, and electronic security. The paper found that the emerging market economies are severely affected by inadequate infrastructure, digital illiteracy, and low use of digital payments by enterprises. Whereas there is no dearth of regulations on e-commerce business, nevertheless a uniform approach for regulating e-commerce operations is missing in the case of some countries. Moreover, different countries have different positions with respect to data privacy and protection. The paper recommends that G20 members should work together to bridge the adoption gap, enhance micro, small and medium enterprises (MSMEs) participation in e-commerce through enhanced financial assistance, build cooperation for adopting common standards, and encourage countries to adopt national policies with the vision to promote e-commerce.
Download or read book COVID 19 and E commerce written by and published by . This book was released on 2020 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book E Readiness and Customer Perception about the E Commerce During Lockdown written by Gunjan Singh and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The novel coronavirus which causes a highly infectious disease Coronavirus disease (COVID-19) that has infected more than lakhs of people worldwide. COVID-19 has been declared as a pandemic by the World Health Organisation. Since it spreads primarily through contact with an infected person (when they cough or sneeze) or when a person touches a surface that has the virus on it, the best way to guard against it is to stay at home. This has increased online shopping usage, globally. It has led to a rise in the number of first-time-e-commerce-users in India, who had been so far inhibited to shop online.The study is conducted to highlight the customer perception about e-commerce in India, especially in Lucknow, Uttar Pradesh region during the lockdown. The current study is limited to the sample frame of 100 customers who shopped online during the lockdown.The study depicts that there is a major transition from traditional shopping to online shopping. Due to lockdown and closure of markets, customers prefer to purchase online from e-commerce platforms like Flipkart, Amazon, BigBasket, etc. Amazon - one of the leading e-commerce players in the country, and the world, has announced on its site that the customers are relying on them like never before in their social distancing and self-quarantine efforts. Despite the fact that the spread of coronavirus (COVID-19) cases in India has had some impact on the online food ordering segments, it has come as a boon for the e-commerce companies as more individuals favour buying goods, especially grocery, staples, vegetables and other daily needs from online platforms.Consumer demand for non-essential products with e-commerce firms has expanded after the government lifted the ban on the sale of such products by e-tailers.Forrester Research reported that although demand for products, particularly laptops, books and smartphones, are expected to see an uptick, deliveries by e-commerce firms initially will take one to two weeks given the operational challenges, including inadequate availability of manpower.E-commerce can help preserve jobs during the crisis. For many restaurants that have had to close during the economic freeze, online delivery services have become a lifeline. Teachers and consultants are continuing to work through video conferencing. In some cases, e-commerce is even creating new economic opportunities.
Download or read book Measuring the Value of E Commerce written by United Nations Publications and published by . This book was released on 2023-06-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Measuring the monetary value of e-commerce transactions has has become increasingly important, not least as a result of the COVID-19 pandemic during which a shift to making online purchases supported economic resilience. Nevertheless, there is very limited information available and better statistics on the value of e-commerce are needed to understand its economic role and contributions to GDP, employment and development, as well as for evidence-based policymaking. Because of this, UNCTAD member States have indicated that developing guidance and support on measuring e-commerce is a key priority. This report describes the current situation regarding measures of the value of e-commerce, including cross-border e commerce, for various economies which have statistics available. The focus is on e-commerce sales by businesses, which is the main component of e-commerce as a whole, giving a view of measurement practices. It thereby provides a foundation for the next step in efforts to measure e-commerce, serving as the basis for a task group of delegates from interested countries and international organizations that will work to develop statistical guidelines for measuring the value of e-commerce sales and purchases.
Download or read book Digitalization During the COVID 19 Crisis written by Florence Jaumotte and published by International Monetary Fund. This book was released on 2023-03-13 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Digitalization induced by the pandemic was seen both as a possible silver-lining from the crisis that could increase longer-term productivity and a risk for further labor market inequality between digital and non-digital workers. The note shows that the pandemic accelerated digitalization and triggered a partial catch-up by less digitalized entities in advanced economies. Higher digitalization levels shielded substantially productivity and hours worked during the crisis. However, the extent to which the pandemic-induced digitalization led to structural change in the economy is less clear. Less digitalized sectors have rebounded more strongly, albeit after stronger declines, and while workers in digital occupations were more shielded from the crisis, there does not appear to be a structural change in the composition of labor demand. Meanwhile, shifts in labor supply are more likely to be permanent, driven by the increase in working from home.
