Palestinian Digital Economy Assessment
The world of tomorrow will be driven by digital transformation across sectors and industries, and the global coronavirus disease of 2019 (COVID-19) pandemic is accelerating this process. Digital technology is already playing an important role in th...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/undefined/472671640152521943/Palestinian-Digital-Economy-Assessment http://hdl.handle.net/10986/36770 |
| Summary: | The world of tomorrow will be driven
by digital transformation across sectors and industries, and
the global coronavirus disease of 2019 (COVID-19) pandemic
is accelerating this process. Digital technology is already
playing an important role in the West Bank and Gaza (WB and
G), and development of the digital economy is among the
national priorities. This report aims to assess the state of
digital economy development in WB and G, identify
opportunities for further growth, and inform reforms and
donor support programs in WB and G. The report provides a
comprehensive overview of digital economy development in WB
and G across the five foundational pillars - digital
infrastructure, digital platforms, digital financial
services, digital businesses, and digital skills. The report
is based on several fact-finding missions, structured
interviews, surveys, focus group discussions, and analysis
of secondary data. The findings show that despite recent
progress, the potential of the digital economy in WB and G
is not fully exploited. Accelerating digital transformation
and building a well-connected Palestinian economy will
entail strengthening both analog and non-analog foundations.
Three key areas that require the immediate attention of
Palestinian policy makers are: (1) improving the digital
infrastructure, (2) updating the legal and regulatory
framework, and (3) ensuring institutional coordination and
resource mobilization. |
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