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Risks and opportunities 2020: International

Location:

INTERNATIONAL

Risks centre on trade, cybercrime and the manufacturing weakness spreading to services, but new technologies offer hope

Inclusion and privacy policies may lag cashless growth

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INTERNATIONAL

Cashless spending is surging, giving customers and traders more flexibility and reducing ‘organisational’ costs

Services trade is crucial to emerging growth prospects

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INT

Services trade receives far less focus than goods trade but exports of services outpaced goods shipments from 2000-16

Boom in metaverse services will fuel regulatory stress

Location:

INTERNATIONAL

Major tech firms are building out the ‘metaverse’, a highly immersive and interactive 3D version of the internet

Global tensions will spur value chains rethink

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INT

Firms are rethinking their strategies on global value chains, which may change markedly in years to come

Pandemic will accelerate the rise of digital payments

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INT

Digitalisation of the global economy has increased the use of cashless payments worldwide

Tech will alter both paid and unpaid work

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INT

Digital services and new technologies will dramatically alter the nature of work

Data intensity of global internet traffic will rise

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INT

Demand for data-voluminous digital services has risen dramatically, partly due to the COVID-19 pandemic

Metaverse adoption will multiply cybersecurity risks

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INT

Cybersecurity risks are rising just as the next generation of internet technology is unfolding

Risks and opportunities 2021: Global technology sector

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INT

The pandemic has intensified the economic significance and the political scrutiny of the technology sector