Digital services innovation and the shift to online commercial transactions is contributing to more inclusive global trade and development. However, there are challenges associated with reaping these benefits, as there is scarce guidance on best practices in digital regulatory settings, and multilateral governance regimes around digital trade remain in their fledgling stages. International digital regulatory cooperation, including building resilience in global value chains (GVCs), is gaining priority. This Policy Brief considers the evidence base on digital economy policies which strengthen business resilience and are inclusive of micro, small and medium- sized enterprises’ (MSME) access to GVCs. It goes on to recommend G20 actions to boost mutual learnings on digital regulation. Widespread implementation of digital regulatory good practices will enable greater international regulatory interoperability, unleashing more inclusive growth opportunities in digital trade and paving the way for the development of the required multilateral governance.
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