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Globalization isn't in decline; it is simply changing. Although the COVID-19 crisis has seen a dramatic decline in goods trade, investments and the movement of people, a new type of globalization is emerging. This "new globalization" is based on digital services, research and development, data,...
Persistent link: https://www.econbiz.de/10012385455
Novel flows that define the future of globalizationrequire new regulatory approaches,which are likely to differ between countries.So too for regulatory approaches topersonal data.Globally, there are three different regulatorymodels for personal data: the modelapplied by the US, based on an...
Persistent link: https://www.econbiz.de/10012665085
Several countries around the world have implemented a tax on digital services, commonly called Digital Services Tax (DST). This policy brief takes a closer look at why some European countries have imposed DSTs but not others. Surely, there are economic explanations behind the fact that Austria,...
Persistent link: https://www.econbiz.de/10012665087
In a world of technological and economic rivalry, the EU must devote increased attention to its competitiveness. Higher levels of competitiveness will help the EU build a more prosperous economy which will in turn produce innovation and resources to address the great challenges of our time....
Persistent link: https://www.econbiz.de/10014442903
The proposed Digital Markets Act (DMA) is an opportunity to prevent and remedy anti-competitive conduct by large digital platforms. If the Act is designed in an adequate manner to target specific problems, it can improve the contestability of platform services markets and markets that rely...
Persistent link: https://www.econbiz.de/10014442921
Cross-border data flows are an integral mechanism of today's economy, impacting a country's competitiveness and growth. All economic sectors rely on secure, cost-efficient and real-time access to data. A requirement that all data-related business processes must take place within a country does...
Persistent link: https://www.econbiz.de/10011790286
Forced data localisation measures are on the rise around the world, fragmenting the Internet and increasing costs for businesses and consumers. Until the year 2000, only 15 measures were imposed globally. By 2007, the number of measures doubled and it more than doubled again until today. The...
Persistent link: https://www.econbiz.de/10011790293
Despite major advancements in the Japan-EU FTA (JEUFTA) negotiations, the talks remain difficult in the railway sector. These difficulties flow largely from the fact that the Japanese railways are organized on a radically different legal and economic basis than the railway systems in the EU....
Persistent link: https://www.econbiz.de/10011790274
While there is an increasing demand for a discipline in the next generation FTAs that restricts SOEs in international trade, there is less debate on the proliferation of sovereign patent funds (SPFs) that are increasingly using intellectual property to engage in discriminatory industrial policy...
Persistent link: https://www.econbiz.de/10011790277
Persistent link: https://www.econbiz.de/10011790278