WTO OMC SYMPOSION “Why Trade Facilitation is Important”
Hanne Melin
Legislative Counsel Europe
An eBay Perspective on Today’s Trade and Opportunities
eBay Inc.
SNAPSHOT OF THE NEW TRADE
3
inclusiveness
local
visibility
global
find & be found
trust
technology tools
digital
software as service
platforms
search
applications
mobile
‘anywhere, anytime’
intermediaries
eBay Inc.
Using technology to “shrink” the world...
4
Distance matters less online Distance is “dying” faster online
eBay Inc.
... making global markets reachable ...
5
A remarkable high share of online sellers engage in export
eBay Inc.
... for both small and large firms...
7
Exporting online is as easy for small sellers as for large sellers
eBay Inc.
Moving in the direction of open, technology-enabled trade benefits the world economy
8
OPPORTUNITIES IDENTIFIED
eBay Inc.
... and growing successfully over time
10
Reaching market shares close to established firms within a few years:
eBay Inc.
Welfare gains from trade liberalisation
11
Welfare gains moving from a “closed” to an “open economy”:
eBay Inc.
Welfare gains from trading at lower online costs
12
Welfare losses if offline trade costs are applied to eBay transactions: