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How the digital economy is changing public policy

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・Monetary policy is being challenged by the changing inflation landscape in the digital economy as well as by the emergence of alternative currencies that threaten central banks’ monopoly on money.

・ Digital business models call for a rethink of the policies ruling corporate life. Governments need new frameworks for taxation and competition.

・Government 2.0 is attempting to emulate the digital economy in its methods – by the use of data and the ability to improve users’ experience.

・The digital economy is also changing public policy objectives. Managing the fallout of automation on employment looks like a particularly daunting task.

Source : Axa Investment Managers

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