THE POLICY IMPLICATIONS OF 'E-COMMERCE'

摘要

Electronic commerce has a broader sense than that accorded to its usual meaning -purchases made over networks by end-consumers. There are also transactions between firms which organize their supply and distribution chains wit the support of public and priate information infrastructures. These changes are affecting all sectors of activity. The OECD's Sacher Report notes, for example that one large bank already carries out some ten million electronic transactions per day. Another bank indicated that about 70% of its transactions are already automated. A major retailer reported that the entire volume of its business with suppliers, amounting to over USD 10 billion, is carried out electronically.