The Role of E-Commerce in Cross-Border Trade and the Global Inflation Response in 2024

About the Book

Published Date: November 2024

 

This white paper explores the transformative impact of e-commerce on cross-border trade, particularly as the global economy grapples with inflation and rising costs. It highlights how digital platforms like Amazon, Alibaba, and Shopify are reshaping international trade by reducing costs, expanding market access, and offering competitive pricing for consumers worldwide. The report delves into the strategies businesses are adopting to navigate inflationary pressures, such as leveraging dynamic pricing tools, optimizing supply chains, and utilizing AI-driven inventory management.

 

The paper also examines regulatory shifts impacting e-commerce, including the EU’s VAT e-commerce package, which levels the playing field for non-EU sellers, and increasing data privacy laws like GDPR. Additionally, it emphasizes the growing importance of sustainable practices in e-commerce, driven by consumer demand and government regulations. Recommendations for businesses include investing in eco-friendly operations, diversifying supply chains, and leveraging regional trade agreements like the CPTPP to maintain competitiveness. This comprehensive analysis positions e-commerce as a critical driver of resilient and innovative cross-border trade in the face of economic and regulatory challenges.

The Role of E-Commerce in Cross-Border Trade and the Global Inflation Response in 2024

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