Rush to Digitization during the COVID 19 Crisis Should perpetuate financial exclusion.The economic effect of the current global COVID-19 lockdown will be severe. An essential focus for supporting the economic rebound is to invest in efforts to deepen economic integration and further lower trade costs. Digitization, and the creation of specialized ecosystems, will be the single most efficient approach to reduce trade cost on a global scale, which will benefit all countries currently impacted by COVID-19. A robust technical infrastructure and end-to-end digital processes (“paper-less”) are key elements to safeguard…
Read MoreRush to Digitization during the COVID 19 Crisis Should perpetuate financial exclusion
