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The Emerging Digital Economy

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Citation Edit

U.S. Department of Commerce, Secretariat on Electronic Commerce, The Emerging Digital Economy (Apr. 7, 1998) (full-text).

Overview Edit

This report was intended to begin a discussion on the potential impact of the Internet and electronic commerce on the U.S. economy. The report contended that when the public policy issues regarding electronic commerce are resolved, then the digital economy can further accelerate world economic growth.

The report concluded:

The pace of technological development and the borderless environment created by the Internet drives a new paradigm for government and private sector responsibilities. Creating the optimal conditions for the new digital economy to flourish requires a new, much less restrictive approach to the setting of rules.

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