Investment in advanced economies has decelerated and even declined, reflecting their lower growth rate, aging populations and much higher capital base. In absolute terms, not too long ago (2005), investment in EDEs was a quarter of that in advanced economies. Today, EDEs invest about the same as advanced economies in $ terms – around $ 5.5 trillion. 15.
In a period of change and uncertainty there may be a temptation, and a desire by some market participants, to have the government step in and resolve the uncertainty, whether through standards, regulation, or other policies. In the case of electronic payment innovations, only consumers and merchants will ultimately determine what new products are successful in the marketplace.