Arbeitspapier

Benchmarking adoption of e-commerce across the G20 members

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.

Language
Englisch

Bibliographic citation
Series: ADBI Working Paper ; No. 1355

Classification
Wirtschaft
International Economic Order and Integration
International Policy Coordination and Transmission
International Agreements and Observance; International Organizations
Retail and Wholesale Trade; e-Commerce
Financial Institutions and Services: General
Subject
MSME
digital
e-commerce

Event
Geistige Schöpfung
(who)
Goyal, Tanu M.
Morgan, Peter J.
Event
Veröffentlichung
(who)
Asian Development Bank Institute (ADBI)
(where)
Tokyo
(when)
2023

DOI
doi:10.56506/ZPBP8689
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Goyal, Tanu M.
  • Morgan, Peter J.
  • Asian Development Bank Institute (ADBI)

Time of origin

  • 2023

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