Growth & Well-being

As digital technologies spread throughout industries, markets and society, they hold immense promise to boost growth and improve well-being.
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The ongoing digital transformation of the economy and society holds many promises to spur innovation, generate efficiencies and improve services, and in doing so boost growth. Digital technologies empower people by increasing access to information and enabling new forms of social engagement. Yet such benefits come with other challenges as digital transformation changes the nature and structure of organisations, markets and communities, and raises concerns about equity and inclusion. Realising the opportunities and addressing the challenges is not automatic and may require policy action to make digital transformation boost growth and improve well-being.

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