The Digital Transformation
The digital economy can offer a new and promising path forward for people seeking employment across the globe. Online platforms are altering the future of work, reducing barriers to entry and blurring the distinction between formal and informal labor. In this new environment, innovative work models offer significant opportunity to the digitally literate and can improve livelihoods for vulnerable populations, including women and refugees, by allowing them access to flexible employment opportunities. Online marketplaces can help entrepreneurs reach local target audiences they may not otherwise be able to service, allowing small businesses to overcome fragmented markets that are common in developing countries.