Publication:
Europe 4.0: Addressing the Digital Dilemma

dc.contributor.author Hallward-Driemeier, Mary
dc.contributor.author Nayyar, Gaurav
dc.contributor.author Fengler, Wolfgang
dc.contributor.author Aridi, Anwar
dc.contributor.author Gill, Indermit
dc.date.accessioned 2020-11-05T21:56:28Z
dc.date.available 2020-11-05T21:56:28Z
dc.date.issued 2020-11-09
dc.description.abstract This report examines the underlying economics of different types of digital technologies. It highlights what the new drivers of change are, why the dynamics with this latest round of technological change may be different, and what the distributional impacts may be within and across countries. It then examines the evidence for how different digital technologies are – or are not – contributing to competitiveness and opportunities for small and young firms, and firms in less developed areas, and what can be done about it. Europe faces a digital dilemma. European firms are particularly strong in operational technologies such as smart robotics and 3D printing. While this helps Europe's competitiveness, it also widens the divide between large and small firms, and leading and lagging regions. On the other hand, digital technologies, such as transactional technologies or matching platforms, have the greatest potential for market inclusion and convergence, but this is where Europe remains less competitive. The report lays out how Europe 4.0 is attainable. The COVID-19 (coronavirus) pandemic has highlighted the importance of the data economy — and raised the risks if the digital dilemma is not addressed. This report provides a framework, evidence and recommendations on how governments can respond. Europe has the chance to attain a dynamic and inclusive technologically enhanced future, it should take that chance. en
dc.identifier.uri http://hdl.handle.net/10986/34746
dc.publisher World Bank, Washington, DC
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo
dc.subject DIGITAL TECHNOLOGY
dc.subject DIGITAL DIVIDE
dc.subject TECHNOLOGY CHANGE
dc.subject TECHNOLOGICAL CHANGE
dc.subject COMPETIVENESS
dc.subject MARKET INCLUSION
dc.subject INFORMATIONAL TECHNOLOGY
dc.subject TRANSACTIONAL TECHNOLOGY
dc.subject OPERATIONAL TECHNOLOGY
dc.subject GEOGRAPHIC CONVERGENCE
dc.subject SINGLE MARKET
dc.title Europe 4.0 en
dc.title.subtitle Addressing the Digital Dilemma en
dc.type Report en
dc.type Rapport fr
dc.type Informe es
dspace.entity.type Publication
okr.crossref.title Europe 4.0
okr.date.disclosure 2020-11-09
okr.doctype Publications & Research
okr.doctype Publications & Research :: Working Paper
okr.identifier.doi 10.1596/34746
okr.identifier.report 154213
okr.language.supported en
okr.topic Information and Communication Technologies :: Digital Divide
okr.topic Information and Communication Technologies :: ICT Economics
okr.topic Information and Communication Technologies :: ICT Policy and Strategies
okr.topic Information and Communication Technologies :: Information Technology
okr.topic International Economics and Trade :: Access to Markets
okr.topic International Economics and Trade :: Export Competitiveness
okr.topic International Economics and Trade :: Trade and Regional Integration
okr.unit Equitable Growth, Finance and Institutions Global Practice
relation.isAuthorOfPublication 67f85769-f3f3-56bb-8609-d63125a35e32
relation.isAuthorOfPublication 315dd6da-66d5-50cb-8bf2-7f07533caf21
relation.isAuthorOfPublication 211cec36-3fba-5b57-91c5-72448bf62eb6
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