Martina F. Ferracane, Erik van der Marel, 30 May 2021

The global economy relies on trade in digital services and cross-border data flows. However, digital trade rules across most countries have not been measured or classified. This column categorises the approach to data regulation in 116 countries and examines the implications of data regulation for trade in digital services. It suggests that proximity in data regulation frameworks may affect the cost and volume of digital trade between countries.

Eiichi Tomiura, Banri Ito, Byeongwoo Kang, 14 March 2020

Cross-border data flows are becoming increasingly important in the modern economy. In response, many countries have introduced regulations to control data transfers. This column discusses the firm-level response to such regulations using a recent survey of Japanese firms. Firms react by changing the location of data storage and processing, as well as by tightening data protection. However, these responses vary significantly depending on where the regulations originate. 

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