Global Trade Series: Fragmentation in the Digital Economy
Since its creation, the internet has vastly expanded sociopolitical and economic development around the world. This is largely attributed to the its ability to facilitate communications, data sharing, and commerce on a truly global scale.
Unfortunately, a free and open internet will not always be guaranteed. Fragmentation between rival nations is growing, and it threatens to split the digital economy into silos.
In Part 3 of The Global Trade Series from the Hinrich Foundation, we examine the current state of digital fragmentation and its implications on the world.
The Physical Divide
Developed economies are entering a fourth industrial revolution, spawned entirely by digital technologies. This includes transformative innovations like artificial intelligence, blockchain, and 5G.
These technologies have the…
