Gig employment outpaces labour safeguards in China

2021 ◽  
Keyword(s):  
Job Search ◽  
Digital Economy ◽  
Young Workers ◽  
Content Type ◽  
Online Platforms ◽  
The Government

Significance The employment market is dominated by online platforms, not just job search apps, but transport and services platforms that link gig workers to customers. Indeed, the government expects the digital economy to play a key role China’s 14th Five Year Plan (2021-25) in terms of driving growth, consumption and employment. Impacts Employment for women in the digital economy will be disproportionately low-paid. Young workers will face relatively higher rates of unemployment and under-employment. Workers in the digital economy will organise themselves to defend their interests but risk arrest and detention.

India mulls new rules to shake up e-commerce

2018 ◽  
Keyword(s):  
Public Services ◽  
Digital Economy ◽  
Domestic Industry ◽  
Content Type ◽  
Local Content ◽  
State Surveillance ◽  
The Government

Subject Draft policy for e-commerce. Significance Estimates of the value of the Indian e-commerce sector vary between around 20 billion and 30 billion dollars, in a total IT and digital economy valued at more than 400 billion dollars. Those figures are projected to rise to 150-200 billion by 2024-25. As the volume of digital and e-commerce transactions in India’s still-nascent digital economy expands, the government is mulling regulations aimed at maximising benefits to domestic industry and economy. Impacts Government access to retail data would heighten concerns about state surveillance but may also help design better public services. Firms such as Amazon oppose protectionism but are likely to be wooed by the size and potential of India's market. Local-content requirements on inventory-based Indian retailers would boost local suppliers and employment.

Reliance could end up with digital monopoly in India

2020 ◽  
Keyword(s):  
National Security ◽  
Data Protection ◽  
Inflection Point ◽  
Digital Economy ◽  
Raw Data ◽  
Content Type ◽  
User Data ◽  
The Government ◽  
Public Evidence

Significance Through the sale, Reliance mobilised INR1.52trn (USD20.3bn) and became a zero-net-debt company with cash to spare. This marks an inflection point in the conglomerate’s history and could transform India’s digital economy. Impacts There is little public evidence that Reliance can offer complete stand-alone 5G telecommunications. Reliance is well-placed to lead the Indian 5G market. Commercialisation of Indian customers' user data will continue to outpace rules governing their privacy and safety. The new data protection bill is designed to give the government extensive access to raw data on citizens for ‘national security’.

New tech board will cut China’s reliance on US market

2019 ◽  
Keyword(s):  
Moral Hazard ◽  
Active Role ◽  
Digital Economy ◽  
Political Control ◽  
Content Type ◽  
Global Leader ◽  
The Government

Significance Modelled on Nasdaq, the Shanghai Sci-Tech Innovation Board is another step in China’s ambitions to become a global leader in the digital economy. Impacts The government will retain an active role in managing listings on the board to maintain political control and protect investors. The board will enable reduction of direct subsidies to the tech industry, addressing one source of Western complaints. Moral hazard and loose corporate discipline create a risk of incidents of fraud and mismanagement, which cannot be fully mitigated.

Competition Law and the Digital Economy in the UK and Beyond

2021 ◽  
pp. 359-388
Author(s):  
Liza Lovdahl Gormsen
Keyword(s):  
Competition Policy ◽  
Competition Law ◽  
Digital Economy ◽  
The Novel ◽  
Online Platforms ◽  
Global Companies ◽  
The Government ◽  
The Uk ◽  
Lock In

In Chapter 14, Liza Lovdahl Gormsen considers the contemporaneous debate on how best to address aspects of the interaction between competition law and the digital economy. She stressed that data is the pinnacle of the digital economy. It has fuelled amazing innovations in all sectors of the economy, but the accumulation of data in the hands of a few global companies may lead to lock-in, bottleneck issues, and leverage. The chapter notes that according to the report Unlocking Digital Competition, which was prepared for the UK Treasury, competition policy will need to be updated to address the novel challenges posed by the digital economy. Some of these updates can happen within current powers, but legal changes are important to ensure that this job can be done effectively. The Competition and Markets Authority’s market study on Online Platforms and Digital Advertising recommends establishing a Digital Markets Unit and ex ante regulation as a possible way forward. Building on the outputs from the Furman Review, the government asked the CMA to lead a Digital Markets Taskforce. In December 2020, the latter published its advice, A New Pro-competition Regime for Digital Markets, where it sets out the role of the Digital Markets Unit and an overview of its proposed regulatory framework for digital firms. This chapter looks at some of the challenges for UK competition policy in digital markets, in particular in relation to data, enforcement, and regulation. It also touches upon some of the potential issues that the UK faces in the digital economy following Brexit.

Foreign firms resist India's data localisation plan

2018 ◽  
Keyword(s):  
Data Protection ◽  
Central Government ◽  
Personal Data ◽  
Digital Economy ◽  
Foreign Firms ◽  
Regulatory Regime ◽  
Fake News ◽  
Content Type ◽  
Personal Data Protection ◽  
The Government

Subject Reform of data policies. Significance The central government is developing a new regulatory regime for data protection. The main elements likely in the regulatory push are elaborated in ‘The Personal Data Protection Bill, 2018’ (PDP bill) and the accompanying report entitled ‘A Free and Fair Digital Economy’ submitted to the government in July by the Justice BN Srikrishna committee of experts. Impacts The proposals, if implemented, would increase the state’s surveillance capabilities. New rules would also force large domestic firms to share their data, somewhat encouraging smaller entrants. The government will struggle to limit the spread of fake news and misinformation, even where these trigger violence.

scholarly journals Big data, big challenges: risk management of financial market in the digital economy

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jinlei Yang ◽  
Yuanjun Zhao ◽  
Chunjia Han ◽  
Yanghui Liu ◽  
Mu Yang
Keyword(s):  
Risk Management ◽  
Big Data ◽  
Financial Market ◽  
Information Criterion ◽  
Digital Economy ◽  
Var Model ◽  
Analysis Model ◽  
Content Type ◽  
Quantitative Basis ◽  
The Government

PurposeThe purpose of the research is to assess the risk of the financial market in the digital economy through the quantitative analysis model in the big data era. It is a big challenge for the government to carry out financial market risk management in the big data era.Design/methodology/approachIn this study, a generalized autoregressive conditional heteroskedasticity-vector autoregression (GARCH-VaR) model is constructed to analyze the big data financial market in the digital economy. Additionally, the correlation test and stationarity test are carried out to construct the best fit model and get the corresponding VaR value.FindingsOwing to the conditional heteroscedasticity, the index return series shows the leptokurtic and fat tail phenomenon. According to the AIC (Akaike information criterion), the fitting degree of the GARCH model is measured. The AIC value difference of the models under the three distributions is not obvious, and the differences between them can be ignored.Originality/valueUsing the GARCH-VaR model can better measure and predict the risk of the big data finance market and provide a reliable and quantitative basis for the current technology-driven regulation in the digital economy.

QUESTIONS OF PERFECTION OF THE GOVERNMENT WITH A VIEW OF REDUCTION OF INVESTMENT RISKS AT DEVELOPMENT OF DIGITAL SYSTEMS WITH AN ARTIFICIAL INTELLECT

2020 ◽  
Vol 3 (8(77)) ◽  
pp. 48-54
Author(s):  
N.A. Novickij
Keyword(s):  
Digital Economy ◽  
Digital Systems ◽  
Economic Systems ◽  
National System ◽  
New Approaches ◽  
The Government

Questions of the government are considered(examined) by economy at development of digital systems with искуственным intelligence. Global tendencies of formation of digital economic systems are investigated. Market preconditions of development of digital systems are proved. Program methods of formation of digital systems new approaches of the organization digital уоправления by reinvestment cycles with искуственным intelligence are considered Are determined. Legal and legislative principles of creation of National system of the government are recommended digital economy.

Pembangunan Web Service Data Masyarakat Menggunakan REST API dengan Access Token

2018 ◽  
Vol 10 (1) ◽  
pp. 19-26 ◽  
Author(s):  
Muhammad Iqbal Perkasa ◽  
Eko Budi Setiawan
Keyword(s):  
Web Service ◽  
Job Search ◽  
Population Data ◽  
The Public ◽  
Public Data ◽  
Community Data ◽  
The Government ◽  
Rest Api ◽  
Service Application ◽  
Service Data

Data is one of the most important things in this information and information technology era that evolving now. Currently, the government still has not used the public data maximally for administrative purposes. Utilization of this big population data is the creation of a web service application system with REST API where this data will be open and accessible to those who have access. One of the institutions that use this service is the Manpower and Transmigration Service where this system can make the Dinas staff more efficient to create and register job search cards using available community data. This application is able to provide and facilitate many parties, such as data administrators to monitor data usage, registration employee in input data, and people able to register independently. Index Terms—Web service, API, Rest api, People data

From Supply Chain Management to Blockchain-Based Management

2019 ◽  
pp. 59-63
Author(s):  
G. V. Zubakov ◽  
O D. Protsenko ◽  
I. O. Protsenko
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Digital Economy ◽  
Practical Implementation ◽  
Chain Management ◽  
Mutual Trade ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Supply Chain Management System ◽  
The Government

The presented study addresses the current problems in the implementation of the distributed ledger (blockchain) technology in supply chain management mechanisms in the context of the digital economy. Aim. The study aims to analyze the application of the blockchain technology in modern economic processes from the perspective of logistics.Tasks. The authors consider the possibility of using the blockchain technology in the supply chain management system and explore ways to use the findings of the Eurasian Economic Commission (EEC) in the fieldof digital economy to organize information standardization processes within the supply chains of foreign and mutual trade.Methods. This study uses general scientific methods of cognition to examine approaches to the implementation of the blockchain technology in transport and logistics processes and to find opportunities for the implementation of smart contracts to ensure the traceability of the entire chain of commodity and information fl ws.Results. Implementation of the distributed ledger (blockchain) technology in the logistics processes of foreign and mutual trade increases the transparency of information fl ws and the speed of decisionmaking. This technology would allow the parties to negotiate directly, minimizing potential risks and the time required to approve a supply deal.Conclusions. The authors consider the possibility of using a systematic approach to the digitalization of transport and logistics processes and the subsequent standardization of information interaction at the B2B, B2G, and G2G levels, segmented by separate fields of transport and foreign trade and individual economic sectors. As a conclusion, the study assesses the prospects of the practical implementation of blockchain mechanisms in the creation of industrial platforms — digital platforms that provide integrated services for businesses and the government using a single window system.

Socio-economic environment of city in digital economy development: conceptual grounds of transformation

2019 ◽  
pp. 56-66
Author(s):  
Ivan Zalutskyy
Keyword(s):  
Regional Development ◽  
State Policy ◽  
Digital Economy ◽  
The State ◽  
Information Storage ◽  
Economic Environment ◽  
Digital Development ◽  
State Strategy ◽  
The Government ◽  
Transition Issues

The article deals with scientific approaches to the interpretation of the concept «digital economy». It defines digital economy, meaning economy based upon digital technology and provides inclusive socio-economic development and prosperity. The article identifies the specifics, contradictions and transition issues of state policy in the sphere of informatization towards intensive development of digital economy. Under the study the realization of the Concept for the Development of Digital Economy and Society of Ukraine for 2018-2020 and the plan of measures for its implementation are determined to be in a state of stagnation. The issue of the Development of Digital Economy and Society of Ukraine is not properly transformed into corresponding obligatory functions, tasks and powers of central executive authorities and local self-government bodies yet. It is provided rationale for modern city as a priority object and self-sufficient subject of development of digital economy and society in Ukraine. The cities of Ukraine ought to be observed like local centers of potential dynamic shifts in socio-economic environment of the region and deployment of economic prosperity based on digital development. The perspectives of the concept «smart-city» in the context of modern policy of digital development are performed. The author claims that the determinant of the effective digital development policy in the administrative-territorial units of Ukraine is the adequacy of the system legislative regulation of the institutional and legal mechanisms for its implementation in accordance with the norms of the Information and Digital Codes of Ukraine, the State Strategy for Regional Development for the period until 2020. The consensual basis for synchronous development of the Information and Digital Codes of Ukraine are defined by the government approved principles for implementing the modern state policy of digital development in Ukraine, in particular openness; transparency; multiple usage; technological neutrality and portability of data; citizens-orientated; inclusiveness and accessibility; safety and confidentiality; multilingualism; support decision-making; administrative simplification; information storage; evaluation of efficiency and effectiveness. The article suggests the following: indicating the development of the digital economy and society in Ukraine among the priorities of the State Strategy for Regional Development for the period up to 2020; ensuring the priority of accelerated transformation of the socio-economic environment of cities under the approval of strategic plans, programs and actions within the state regional policy.

Sign in / Sign up

Export Citation Format

Share Document