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Truly Borderless E-Commerce? On its way…. The Digital Economy: Change the Perceptions May 18, 2001 Ingrid Hagen, Partnerships Manager, IICD Edward Addo-Dankwa, Ministry of Food and Agriculture, Ghana. Extensive market information means more choice and “perfect” competition.
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Truly Borderless E-Commerce? On its way… The Digital Economy: Change the Perceptions May 18, 2001 Ingrid Hagen, Partnerships Manager, IICD Edward Addo-Dankwa, Ministry of Food and Agriculture, Ghana
Extensive market information means more choice and “perfect” competition Local traders acting in global markets
As long as LDCs do not have the supporting processes in place, e-commerce will not be truly borderless. “Perfect” competition? Still imperfect… • Behind the simple keystrokes of transactions, complicated processes make markets “imperfect”: • Connectivity and access • Enabling framework including financial markets • Human capacity development • Content
Making e-commerce truly borderless • Responsibility of all: LDCs and developed countries as well as the private, public and non-profit sectors • IICD is active in working with LDC partners to help articulate e-commerce content and skills development • 6 projects in LDCs using e-commerce to support strengthened economic development
Manufacturer/ producer Wholesaler / disributer E-retailer Reintermediation Portal/ aggregator Disintermediation Consumer E-commerce on its way in LDCs… Sources: Benchmark Capital; The Economist, February 24, 2000
BUY! Product availabilty Price comparisons Quality comparisons 5 to 10% Best service package Sales locations... 40 to 60% The start of e-commerce activities
Regional collection point Regional collection point Central access and data collection point in Ouagadougou Regional collection point Regional collection point Small-scale agricultural producers and exporters can access, retrieve, analyse and disseminate market information Burkina Faso: A critical mass is on its way…
Micro, small and medium-scale cotton enterprises Business Information Services (BIS) Cotton producers and value chain stakeholders can get accurate market information to help stabilise and improve income streams Tanzania: A critical mass is on its way… • crop prices • inputs prices • market locales and demand • distribution methods and costs • cultivation techniques • disease and pest treatment • advantages/disadvantages of cotton varieties
Building business communities and networks on-line Making e-commerce in LDCs truly borderless and changing the perceptions for good! Making transactions on-line and integrating business functions Interaction with clients and suppliers Basic presence – Information sharing LDCs moving quickly along the path of e-commerce