The data IRC has been the subject of several meetings and I have asked a question to almost every roundtable I have attended: “At what level should we have international data coordination?” The most interesting comments on the levels of reflection are below – they were made at different meetings, so they are not answers to each other – and give a useful sketch on how multiple levels of international governance could work at the same time. Global data flows support global value chains (GVCs) and create new opportunities for participation in international trade. The global flow of Internet and data allows companies to adapt to the CMO to offer their own specific service. In the case of Korea, for example, this is a special opportunity for new and smaller Korean companies to participate in supply chains in Asia. We are exploring options for managing data flows in international trade, as discussed at the World Trade Organization 2019 Public Forum There are different forms of restrictions on data flows. These include measures prohibiting the transmission of data outside national borders; measures that allow cross-border transfers but must provide a copy of them on national territory; and prior consent requirements before the data can be transferred abroad. Data relocation measures often involve restrictions on the flow of data. Related Content Up Front Technology and the Future of Growth: Challenges of Change Zia Qureshi Tuesday, February 25, 2020 The future of global manufacturing Brahima Sangafowa Coulibaly and Karim Foda Wednesday, March 4, 2020 Up Front The future will be marked by the next growth in global productivity. Warwick J. McKibbin and Adam Triggs Monday, March 2, 2020 Confidence in managing data flows in international trade requires a number of organizations to play a role at the regional, regional and international level.
This could mean that data protection authorities cooperate, trade agreements that set mutual expectations, or international bodies that set standards. But beyond a few initiatives, no one yet knows what roles they should play and which countries will participate. Many roundtables addressed the cross-cutting theme of data flows, particularly when issues related to trade in services, technology and other issues arose. We have thought about this in our research projects and we have recently summarized what is affecting the flow of international data trade. Measures that should limit the flow of data and locate local data are implemented for a number of reasons. One of the reasons cited by data protection authorities is the prevention of data flows in jurisdictions where the level of data protection is lower, when this violates the protection of privacy in the country. For example, the European Union`s General Data Protection Regulation, which came into force in May 2018, prohibits companies collecting personal data in the EU from transmitting their data to the European Union unless the recipient country has an equivalent level of data protection (personal data can also be transmitted in a limited number of other circumstances).