wto omc symposion “why trade facilitation is important”
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WTO OMC SYMPOSION “Why Trade Facilitation is Important”. An eBay Perspective on Today’s Trade and Opportunities. Hanne Melin Legislative Counsel Europe. What is “world trade” today?. SNAPSHOT OF THE NEW TRADE. technology tools. find & be found. search. software as service. trust. - PowerPoint PPT PresentationTRANSCRIPT
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: