Never has it been more important that the G7 shows global digital leadership.
After decades of growing economies, digital technologies have this past year helped preserve them, acting as a bedrock of resilience during the pandemic.
Now is the moment where digital development will be increasingly transformative.
But this could take different forms. In our view, the best and fairest model of sustainable growth requires:
- • Resilient network infrastructure through a diverse supply chain
- • Free data flows, supported by data protection standards the public trust (‘data free flow with trust’)
- • The strongest safeguards to keep public institutions, citizens and businesses cybersecure
- • A stable regulatory environment which promotes innovation, investment and competition, while supporting democratic values
- • Widespread alignment and adoption of tools to digitise trade and make it frictionless.
None of these is automatic or guaranteed. All will require government action and international co-operation. This B7 paper puts forward recommendations on each.
The task at hand is not one for governments alone. Industry stands ready to make its own contribution to an inclusive global recovery – investing, innovating and helping solve societal challenges. As the crisis has shown, so much can be achieved with strong partnership between government and industry.
With G7 leadership and business dynamism, we believe these proposals can support a common endeavour to build back better.
Read more here B7_digital_1619623027