The Digital Economy and International Trade: Transnational Data Flows Regulation

About this book:

The Digital Economy and International Trade, authored by an eminent specialist in transnational commercial and private law, is a timely book exploring a developing and evolving area of law related to the role of the digital economy in international trade, making a direct call for the need to internationalise the law regulating transnational data flows, which are the backbone of today’s diversified value and supply chains.

What’s in this book:

Analysing the similarities and dissimilarities in data flow regulation in ten key jurisdictions – Australia, Indonesia, India, Canada, Japan, Singapore, New Zealand, the United Kingdom, the United States, and the European Union – the book covers the following issues and topics:

• reconciling data free flow with trust;
• managing the increase in data vulnerability;
• efforts to prohibit trade in personal data within an interconnected digital economy;
• obstacles to data flows and digital economic development;
• cybersecurity;
• FinTech and TechFins;
• cross-border insolvency;
• dispute resolution; and
• data-digital diplomacy.

This book furnishes a comparison of several bilateral and multilateral free trade agreements, addressing the data-related shortcomings of these instruments and providing a pathway forward. Additionally, two case studies of high-profile judicial and regulatory decisions demonstrating the challenges of data flow and their governance have been presented.

How this will help you:

This unique book sheds light on how an international legal mechanism, such as a convention, treaty, or model law, could provide greater certainty for data, as well as help foster economic growth and create jobs and business opportunities. Practitioners and policymakers concerned with data security and privacy will highly appreciate the invaluable contribution that this exceptional book makes to a key area of law that augurs the enhancement of economic and social well-being.