Question

The global development of digital technologies and the rise of liberalization policies in the public services sector is increasingly blurring the boundaries between public/private and local/ foreign services. How is this dynamic affecting the interpretation and application of international trading rules?

Answer 1

A developing country to match with its developed counterparts needs to advance with the digital era. Nowadays the government has digitalized most of its undertakings as done by the private sectors.

As we know digital technologies are reshaping consumers habits. Today, many small businesses worldwide are becoming 'micro multinationals' by using digital platform this has mixed the line between local and foreign.

The world is more connected than it ever was as the new era is based on digitalization and datas. Now individuals are participating directly in globalization and are offering their service worldwide without any restrictions. Social networking sites and work from home sites or job sites are offering opportunities to people to trade globally there services with out any hindrance.

Due to digitalization trade costs have declined and can benefit the micro and mini industries of developing nations.

While treading over seas many companions grew so complex that it was difficult to sustain the but digitalization is removing this inefficiency and is helping companies grow acŕoss borders.

The government plays an important role in maintaining such flows. The public and private sectors have mingled in one as we cannot hope to work in one without the other. If in India adhar card was not digitalized it could not have been used by different private sectors for verifications so easily. And if the private sectors weren't growing well there would be loss for the government as the flow of trade would have been way more negative.