Bolstering East Asian-Latin American value chains through digitally deliverable services

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dc.contributor.authorSuominen, Katien_US
dc.coverage.spatialASIA AND THE PACIFICen_US
dc.coverage.spatialPHILIPPINESen_US
dc.coverage.spatialLATIN AMERICAen_US
dc.coverage.spatialEAST ASIAen_US
dc.coverage.spatialSINGAPOREen_US
dc.coverage.spatialJAPANen_US
dc.coverage.spatialREPUBLIC OF KOREAen_US
dc.creatorUN.ESCAPen_US
dc.creatorForum for East Asia-Latin America Cooperation (FEALAC)en_US
dc.creatorUN.ECLACen_US
dc.date.accessioned2021-06-28T03:24:41Z
dc.date.available2021-06-28T03:24:41Z
dc.date.copyright2021
dc.date.escap2021-06-11
dc.date.issued2021
dc.description.abstractThe liberalization by Asian and Latin American economies of their trade regimes has seen digitalization becoming increasingly important for export competitiveness and productivity growth. This report has tracked the growth and sources of digitally deliverable services in Latin American and Asian manufacturing, agricultural and services value chains. It shows that digitally deliverable services play a growing role in export-driven production in the FEALAC region, but most of them are supplied by domestic service providers However, there was the fast growth in Latin American-Asian digitally deliverable services trade in the past 15 years. Some &ldquo;hidden complementarities&rdquo; in digitally deliverable services between Latin America and Asia seems to exist. On one hand, Latin American firms are increasingly using Chinese financial services. In addition, they are drawing on sophisticated IT services and services using disruptive technologies such as blockchain and AI from Japan, the Republic of Korea, Singapore and the Philippines. On the other hand, Brazil, Chile, Costa Rica and Colombia are emerging as exporters of digitally deliverable services such as gaming, animation and e-commerce. Brazil, in particular, has become a source for Agtech applications.<br><br> As the business ecosystems in Asia and Latin America become more digitized and produce new digital services, there will be greater opportunities to also expand bilateral digitally deliverable services trade. For example, there are excellent opportunities for promoting cooperation and forums for Asian and Latin American companies to learn more about Latin American and Asian fintechs, logtechs, agtechs and creative industries such as animation, and vice versa. FEALAC members can also develop new initiatives that catalyse productivity and digitally deliverable services trade, such as smart manufacturing test beds, smart city forums as well as a FEALAC blue economy initiative and fund. To further incorporate high-value-adding, digitally deliverable services into their manufacturing, agriculture and other sectors, Asia and Latin America must uphold commitments to duty-free electronic transmissions and the free transfer of data across borders.en_US
dc.description.sponsorshipForum for East Asia-Latin America Cooperation (FEALAC)en_US
dc.description.sponsorshipForum for East Asia-Latin America Cooperation (FEALAC)
dc.format.extentiv, 91 p.en_US
dc.format.mimetypeapplication/pdfen_US
dc.identifier.urihttps://hdl.handle.net/20.500.12870/3669
dc.language.isoengen_US
dc.publisherUnited Nations,en_US
dc.rightsThis publication may be reproduced in whole or in part for educational or non-profit purposes without special permission from the copyright holder, provided that the source is acknowledged. The ESCAP Publications Office would appreciate receiving a copy of any publication that uses this publication as a source.
dc.rightsUse may not be made of this publication for resale or any other commercial purpose whatsoever without prior permission. Applications for such permission, with a statement of the purpose and extent of reproduction, should be addressed to the Secretary of the Publications Board, United Nations, New York.
dc.rights.holderUnited Nationsen_US
dc.subject.unbistEXPORTSen_US
dc.subject.unbistINTERNATIONAL TRADEen_US
dc.subject.unbistTRADE IN SERVICESen_US
dc.subject.unbistTRADE RESTRICTIONSen_US
dc.subject.unbistINFORMATION TECHNOLOGYen_US
dc.subject.unbistELECTRONIC COMMERCEen_US
dc.subject.unbistELECTRONIC DATA INTERCHANGE
dc.subject.unbistELECTRONIC FUNDS TRANSFER
dc.titleBolstering East Asian-Latin American value chains through digitally deliverable servicesen_US
dc.typeTexten_US
escap.areasOfWorkInnovation, Enterprise and Investmenten_US
escap.areasOfWorkTrade Facilitation & Digital Tradeen_US
escap.bibLevelMonographen_US
escap.contactEmailescap-tiid@un.orgen_US
escap.contactPhone+66 2 288-1234en_US
escap.contactUnitTrade, Investment and Innovation Divisionen_US
escap.doctypeReporten_US
escap.libBibNumber60842
escap.libBibNumber60842
escap.link.internalLinkhttps://www.unescap.org/kp/2021/bolstering-east-asian-latin-american-value-chains-through-digitally-deliverable-services
escap.programmeOfWorkTrade, Investment & Innovationen_US
escap.projectNameValue chain development for deeper integration of East Asia and Latin Americaen_US
escap.publisherPlaceBangkoken_US
escap.subregionEast and North-East Asiaen_US
escap.subregionSouth-East Asiaen_US
escap.unSDG9. Industry, Innovation and Infrastructureen_US
escap.unSDG17. Partnerships for the Goalsen_US
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