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Brexit will impact the digital future of the EU

Posted: Thu Mar 27, 2025 9:55 am
by sakib60
Likewise, the study considers that this factor should be given greater weight, for example, in Brexit negotiations, given that the United Kingdom is a digital powerhouse within the European Union: it represents 16% of British GDP, 10% of employment, and 24% of exports. The importance of the British digital sector is far greater than that of Italy, Germany, France, or Spain, and barely matched by the average of the Nordic countries. The UK's exit could therefore have a significant impact on the digital future of the European Union as a whole.

New digital hubs emerge
The analysis also identifies countries with the capacity to act as "digital hubs" and develop ecosystems with the potential to attract investment and talent, and export digital innovation to the rest of the world. The first group includes markets such as Singapore, the United Arab Emirates, and Hong Kong, traditional hubs of international trade and communication that are country email list "reinventing" themselves as digital hubs. The second group includes "digital nations" such as the United Kingdom, Estonia, New Zealand, and Israel, with high standards of digital connectivity and already operating in an open and collaborative economy.

The European paradox
Norway, Sweden, Switzerland, Finland, and Denmark are the European countries with the highest rates of digitalization, but they all share the same paradox: their past digital success contrasts with their current slowdown. Although their governments were pioneers in investing in digitalization and creating the institutional infrastructure necessary to drive it, they currently suffer from institutional inertia, saturated demand, and innovative paralysis.