Switch headers Switch to TIGweb.org

Are you an TIG Member?
Click here to switch to TIGweb.org

HomeHomeExpress YourselfPanoramaGlobal Trading on the Internet
a TakingITGlobal online publication

(Advanced Search)

Panorama Home
Issue Archive
Current Issue
Next Issue
Featured Writer
TIG Magazine
Short Story
My Content
Global Trading on the Internet Printable Version PRINTABLE VERSION
by Nischal, Nepal Jan 31, 2005
Technology   Opinions


The Internet has emerged as the backbone of cross-border trading in the last decade. Electronic commerce is the production, advertising, sale and distribution of products via telecommunication networks. Today, trading through the Internet makes up a considerable part of global business. Serious estimates on electronic commerce forecast business worth almost US$ 1 trillion, roughly accounting for about 25 percent of global trade by the end of 2005.

In recent years the integration of technology and trading has brought a tremendous transformation in the way of traditional business. The emerging global world economy is electronic, integrated through information systems and technology rather than organizational hierarchies.

Cyberspace is neither the physical, geometric, geographical nor political. It is absolutely global without any boundaries. We can’t determine where business is taking place, whether transactions are cross-border or not. In electronic transactions location is irrelevant. The Internet blurs national boundaries, thus circumvent all the related complexities of cross-border trade in products and services. The irrelevancy of the location of transactions is contradictory to what traditional business has been dealing with till date. Import and export taxes are calculated based on location.

The idea of geography as the basis for economics may be losing meaning. For instance, a Nepalese software company updated the software of a US bank through satellite linkage. How is the government going to monitor this electronic business? Where did this transaction take place? Who gets to tax the sale? It is far from clear that buyers and sellers transacting over the Internet actually know where the other party is located. If the bytes comprising an album are routed through five countries do they really cross five borders? There are numerous questions like these, yet to be answered.

Electronic transactions carried out on the Internet can be broadly divided into three broad categories for the purpose of policy discussion: the searching stage where producers and consumers, or buyers and sellers, first interact; the ordering and payment stage once a transaction has been agreed upon; and the delivery stage.

The first stage in any kind of trading is the advertising of goods. This stage does not create any complexity to the existing framework of the business. Rather, it helps to enhance the business probability of traditional business. The second is the purchase stage, including the finalization of purchase and payment conditions. The final payment stage involving the flow of foreign exchange is a restrictive matter depending on national policies. The delivery of the final product has two aspects: the products that can be transferred electronically (for example, music, software, e-books) and the products that have to be transferred by traditional means (such as cars, furniture and electronic goods).

It has taken a long time, probably hundreds of years, to establish the framework of existing business, the so-called traditional business. It has been only a decade since the modern form of business began to evolve. The existing framework of global business has to be revived to keep up with newly evolving technologies. E-commerce may only be a beginning towards the spectacular future for technology and business. Countries like Nepal are already facing the loss of revenues in the existing structure of business.

Global organizations like the United Nations and the World Trade Organization need to take the initiatives to nullify the problems arising from electronic commerce. Simplifying the complexities of the existing framework of e-commerce can be expected to refurbish the ways of business itself. The issue is itself a global issue because every country in the world needs to come to an agreement for mutual benefit. The world itself needs to be converted to a global village where each individual thinks of communal benefits as well.



You must be logged in to add tags.

Writer Profile

Name: Nischal Dahal
Profession: Computer Professional.

I have a strong desire to use the ICT in the development of countries. These countries have tremendous potentials but are in hand of those people who are not aware of the power of technology to accelerate their country like a rocket in the path of development. I believe if technology is used in right way the poverty can be easily be eliminated.

I am a strongly against reservation of seats of backward communities in higher education because i believe the schooling must be free to those people and the government should make sure that everybody gets basic education. Then everybody should have right to compete for higher education. If the higher education is taken as granted then the a handful of people will enjoy the benefit and grass root level remains in same level

re: for arts (soapstone markets)
samson Getubo kayaga | Nov 26th, 2007
Tabaka Artisan Centre Youth Group , Kenya Summary Tabaka Artisan Centre is a not-for-profit organisation working to mobilise young people to implement community-based projects to fight HIV/AIDS and other problems in tabaka Kisii, Nyanza, Kenya. In addition to bringing young people together for voluntary, community-based initiatives, the organisation fosters income generation among youth and the broader community through production of handicrafts. Main Communication Strategies Community participation and engagement are hallmarks of the Centre's work. Drawing on the involvement of local schools, churches, community groups, and local leaders, the organisation arranges home visits to community members and sets up local meetings. The aim of these interpersonal interactions is to discuss, and develop strategies to address, problems such as HIV/AIDS that have been increasing in the community. Young people are a particular focus of the Centre's communication-based work. The organisation acts as the local lead agency in organising a global youth service day designed to foster collaboration among young people who seek to develop voluntary, community-based campaigns/projects to address HIV/AIDS, abuse, and disasters. Creating opportunities for youth to discuss their needs and share their opinions about what's going on in the community is a key focus. The Centre also provides social support for young community members. Involving youth in creative/artistic work is part of an effort to address poverty tabaka The central handicraft produced by youth associated with the Centre is soapstone carvings, which are then sold to generate income. Development Issues Children and Youth, Community and Economic Development, HIV/AIDS. Key Points The Centre focuses its efforts on young people because many of them are vulnerable to HIV/AIDS and other of the community's problems. However, they are, the Coordinator believes, in a good position to address these problems because they have the time and energy to do so. The Centre's Coordinator - an artist - works on a volunteer basis. The town tabaka has a population of approximately 1000, For more information, contact: Samson Getubo Coordinator, Tabaka Artisan Centre P.O. Box 381, Kisii Kisumu Nyanza Kenya Tel.: +254-722754737 samsongetubo@yahoo.com www.tabakarts.org we would like you to assist international markets regards from samson

community handcrafts assistane business
samuel omweri | Apr 12th, 2010
Dear sir /madam We are an artisans from western kenya who are looking for Business partnership and community development project, Here in below is the information about our organization, we wel come you to work together and make changes in our communities. Tamokcub project is non profit organization found in Kenya Western part of the country, it is founded by local volunteers. It has hundred artisans who make various handcrafts e.g. soapstone carvings, wood carvings, baskets, bags, T-shirts, Jewelries and others. The project has been devised to assist the development of a sustainable industry using those native resources that are readily available. Proceeds from the project go towards the project member’s children’s education and to raise the health of all the project participants. This project seeks to blend the resourceful creativity of the Kenyan artisans with knowledge of western world marketing distribution brought to the project by an experienced business coach. The vision is to develop a unique product line that will attract the interest of the world, be low cost to distribute globally and be high in unique skilled labour content but low in other production costs. The business developed must be capable of sustaining the group in the long term. With economic sustainability the health and education benefits will flow. To meet this requirement the group is working on a unique handcrafts concept from various artisans within Kisii and neighboring. All the income generating we get from the sales 100% profit of the project will go the Tamoklub Committee, for the distribution in accordance with their constitution. In addition 50% of the project costs will be expended in the Kenyan artisan groups. The constitution and committee officers are elected by the general members annually. HEALTH AND ENVIRONMENT This group which is found in the western part of country faces many problems of diseases mainly Malaria, HIV/ AIDS for example 88% of the community have Malaria 60% have HIV/AIDS their average life expectancy has nearly halved over a period of 15 years as HIV/AIDS has taken its toll. Children born with HIV/AIDS seldom live beyond age of 15 years. The group’s predominant industry is agriculture. The group as a main central workshop and other various home workshops where they are making their products. The group rents their main workshop. There are no electricity, water or communication services installed. Their homes are predominately mud and stick buildings are still used. Drought is becoming a problem as a primary issue with lower rainfall generally. A secondary effect on drought in the north and west of the country is forcing human and livestock movement to find grazing further south. Anthrax is a health issue associated with the livestock movements. EDUCATION Education is scarce, around one third of teachers in the rural areas have been lost to HIV/AIDS. The Kenyan government has decreed universal primary education but the reality on the ground is the cost of equipment and uniforms, the need for younger family members to take care of their sick members, and the lack of teachers, all conspire to make general primary education of the group’s children currently unachievable. Secondary education is rare. So we highly welcome any organizations e.g. fair trade organization, N.G.Os and others to partnership with us to assist as in marketing, representing and developing our communities as it is stating from above. contact person Samuel Omweriemail. mumayouth@yahoo.com or tamokcub@yahoo.ca

You must be a TakingITGlobal member to post a comment. Sign up for free or login.