Ep 5. - Trade digitization is everything, everywhere. Why?
Current Accounts: The Hinrich Foundation Trade Podcast
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Current Accounts: The Hinrich Foundation Trade Podcast
Ep 5. - Trade digitization is everything, everywhere. Why?
Jun 20, 2023 Season 1 Episode 5
Host: Stewart Paterson | Guest: Stephanie Honey

In this fifth edition of Current Accounts, the Hinrich Foundation's podcast on global trade, Hinrich Foundation Research Fellow Stewart Paterson speaks with former New Zealand trade negotiator Stephanie Honey on the seeming ubiquity of trade digitization and the resistance in parts of the global trade supply chain to digital facilitation. 

In the last few decades, the internet enabled a new trade ecosystem in which digital technologies forged new ways to trade and created new products and services. While digital technologies now seem ubiquitous, the rules applied to the digital economy remain disjointed and major parts of the supply chain remain resistant to digitization.

This episode of Current Accounts turns its attention to this much talked-about but seldom understood area of trade digitization with guest Stephanie Honey, director of Honey Consulting and a former trade negotiator. The episode discusses the definition and prevalence of digital trade, the difference between digitized and digitalized trade processes, and how to address the lack of regulatory guardrails for newer kinds of digital tools that can be used in trade. 

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