{
  "title": "Measuring the Digital Economy",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2018/04/03/022818-measuring-the-digital-economy",
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  "summary": "Digitalization encompasses a wide range of new applications of information technology in business models and products that are transforming the economy and social interactions. Digitalization is both an enabler and a disruptor of businesses.",
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    {
      "heading": "Summary",
      "content": "- Digitalization encompasses a wide range of new applications of information technology in business models and products that are transforming the economy and social interactions.\n- Digitalization is both an enabler and a disruptor of businesses.\n- The paper distinguishes between the \"digital sector\" and the increasingly digitalized modern economy, often called the \"digital economy\", and focuses on the measurement of the digital sector."
    },
    {
      "heading": "Measurement challenges",
      "content": "- The lack of a generally agreed definition of the \"digital economy\" or \"digital sector\" is a hurdle to measuring the digital economy.\n- The lack of industry and product classification for Internet platforms and associated services is a hurdle to measuring the digital economy."
    },
    {
      "heading": "Scope and focus",
      "content": "- The \"digital sector\" covers the core activities of digitalization, ICT goods and services, online platforms, and platform-enabled activities such as the sharing economy.\n- The paper focuses on the measurement of the digital sector rather than attempting to redefine or fully delimit the broader \"digital economy\".\n\n---\n\n Content in this bundle\n\n- Measuring the Digital Economy; IMF Staff Report, February 28, 2018\n  - Measuring the Digital Economy; IMF Staff Report, February 28, 2018 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Measuring the Digital Economy; IMF Staff Report, February 28, 2018 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2018/04/03/022818-measuring-the-digital-economy"
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    "Published: April 5, 2018",
    "Digitalization encompasses a wide range of new applications of information technology in business models and products that are transforming the economy and social interactions.",
    "Digitalization is both an enabler and a disruptor of businesses.",
    "The paper distinguishes between the \"digital sector\" and the increasingly digitalized modern economy, often called the \"digital economy\", and focuses on the measurement of the digital sector.",
    "The lack of a generally agreed definition of the \"digital economy\" or \"digital sector\" is a hurdle to measuring the digital economy.",
    "The lack of industry and product classification for Internet platforms and associated services is a hurdle to measuring the digital economy.",
    "The \"digital sector\" covers the core activities of digitalization, ICT goods and services, online platforms, and platform-enabled activities such as the sharing economy.",
    "The paper focuses on the measurement of the digital sector rather than attempting to redefine or fully delimit the broader \"digital economy\".",
    "**Measuring the Digital Economy; IMF Staff Report, February 28, 2018**"
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