OECD Digital Economy Outlook 2015

OECD Digital Economy Outlook 2015
Published on July 15, 2015 :: 284 pages
Abstract
The digital economy now permeates countless aspects of the world economy, impacting sectors as varied as banking, retail, energy, transportation, education, publishing, media or health. Information and Communication Technologies are transforming the ways social interactions and personal relationships are conducted, with fixed, mobile and broadcast networks converging, and devices and objects increasingly connected to form the Internet of things.

This report assesses how countries can maximise the potential of the digital economy as a driver for innovation and inclusive growth, and discusses the evolutions in the digital economy that policy makers need to consider as well as the emerging challenges they need to address as a part of national digital strategies. Chapters include an overview of the current status and outlook of the digital economy; the main trends in the ICT sector, and developments in communication and regulation policy; and overviews of ICT demand and adoption, plus the effects of the digital economy on growth and development. This volume also includes a chapter on developments related to trust in the digital economy and on the emerging Internet of things.

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Press Release
Countries should address disruptive effects of the digital economy
15/07/2015 – Countries are making increased efforts to develop their digital economies in a way that will maximise social and economic benefits, but now need to address the risk of disruption in areas like privacy and jobs, according to a new OECD report.

The OECD Digital Economy Outlook 2015 finds that most countries have moved from a narrow focus on communications technology to a broader digital approach that integrates social and economic priorities. Yet no OECD country has a national strategy on online privacy protection or is funding research in this area, which tends to be viewed as a matter for law enforcement authorities to handle.

The report – which covers areas from broadband penetration and industry consolidation to network neutrality and cloud computing in OECD and partner countries like Brazil, Colombia and Egypt – also says more should be done to offer information and communication technology (ICT) skills training to help people transition to new types of digital jobs.

“The digital economy has enormous potential for economic growth and well-being – but only if people trust it enough to fully engage,” said OECD Science, Technology and Innovation Director Andrew Wyckoff. “Things are moving very fast, with the arrival of Big Data analytics and the Internet of Things, and we must make sure we are ready for the impact this will have on digital privacy, security and trust as well as on skills and employment.”

In a 2014 OECD survey, 26 out of 29 countries rated building broadband infrastructure as their top priority and 19 of 28 countries put digital privacy and security second and third. Asked about the future, countries placed skills development as their top objective, followed by public service improvements and digital content creation. (

Other findings in the Digital Economy Outlook:
:: Of 34 countries surveyed, 27 have a national digital strategy. Many were established or updated in 2013 or 2014. Most focus on telecoms infrastructure, broadband capacity and speed. Few cover international issues such as internet governance.
:: Seven of the OECD’s 34 member countries count more than one mobile broadband subscription per person. Around three-quarters of smartphone use in OECD countries occurs on private Wi-Fi access via fixed networks.
:: All OECD countries have at least three mobile operators and most have four. Prices for mobile services fell markedly between 2012 and 2014 with the biggest declines in Italy, New Zealand and Turkey. Prices rose in Austria and Greece, however. (p.118)…
An embeddable version of the Digital Economic Outlook is also available together with information about downloadable and print versions of the report.