Larger economies may be in danger of losing the digital race to smaller and more nimble nations. More From Livemint »When also factoring in nations’ relative digital momentum, the real stars are New Zealand, Singapore and the United Arab Emirates. This score, which the researchers called the Digital Evolution Index, quantifies the interplay between demand and supply within the digital economy, the level of support provided by governments and institutions and the pace of innovation. The study places India and China, where “digital economy has been given high priority” by policymakers, in the break out zone. “That’s much more effective in a smaller economy like the UAE and much harder in an economy like the US that has so many players,” he said.

Source: Mint July 13, 2017 20:48 UTC