The Regulation of Digital Trade : Key Policies and International Trends
One day, people will wonder how global trade was even possible with before goods and services were bought and sold in global digital markets without regard or even knowledge of where sellers and buyers where located. We are not there yet --not by a...
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okr-10986-331642021-05-25T09:31:43Z The Regulation of Digital Trade : Key Policies and International Trends Daza Jaller, Lillyana Gaillard, Simon Molinuevo, Martín PERSONAL DATA PROTECTION E-SECURITY ELECTRONIC TRANSACTIONS ELECTRONIC SIGNATURE CONSUMER PROTECTION CYBERSECURITY PRIVACY DIGITAL TRADE DATA FLOWS DATA PRIVACY DISCLOSURE One day, people will wonder how global trade was even possible with before goods and services were bought and sold in global digital markets without regard or even knowledge of where sellers and buyers where located. We are not there yet --not by a long shot. For now, digital trade remains segmented mostly along national and regional boundaries, due largely to a combination of lack of consumer trust in online transactions and regulatory differences across borders, as well as the inherent challenges of moving goods internationally. Regulation plays a central role in building the foundations of digital markets. It can provide the legal tools necessary for remote contracts, clarify the rights and obligations of the multiple actors involved in digital transactions, and establish a framework that promotes consumer trust in digital markets, even when the consumer does not know the merchant or when the merchant is in a different country. However, regulation can also further segment digital trade, de facto restricting digital transactions to within national boundaries, or allowing for cross-border transactions with some partners to flourish, while limiting others. This can be the intended result of regulatory measures that limit cross-border data flows or online purchases or may be the undesired effect of regulatory differences across countries that leads businesses to offer different goods and services across boundaries. 2020-01-13T21:20:58Z 2020-01-13T21:20:58Z 2020-01-04 Report http://documents.worldbank.org/curated/en/998881578289921641/The-Regulation-of-Digital-Trade-Key-Policies-and-International-Trends http://hdl.handle.net/10986/33164 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Public Sector Study |
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PERSONAL DATA PROTECTION E-SECURITY ELECTRONIC TRANSACTIONS ELECTRONIC SIGNATURE CONSUMER PROTECTION CYBERSECURITY PRIVACY DIGITAL TRADE DATA FLOWS DATA PRIVACY DISCLOSURE |
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PERSONAL DATA PROTECTION E-SECURITY ELECTRONIC TRANSACTIONS ELECTRONIC SIGNATURE CONSUMER PROTECTION CYBERSECURITY PRIVACY DIGITAL TRADE DATA FLOWS DATA PRIVACY DISCLOSURE Daza Jaller, Lillyana Gaillard, Simon Molinuevo, Martín The Regulation of Digital Trade : Key Policies and International Trends |
description |
One day, people will wonder how global
trade was even possible with before goods and services were
bought and sold in global digital markets without regard or
even knowledge of where sellers and buyers where located. We
are not there yet --not by a long shot. For now, digital
trade remains segmented mostly along national and regional
boundaries, due largely to a combination of lack of consumer
trust in online transactions and regulatory differences
across borders, as well as the inherent challenges of moving
goods internationally. Regulation plays a central role in
building the foundations of digital markets. It can provide
the legal tools necessary for remote contracts, clarify the
rights and obligations of the multiple actors involved in
digital transactions, and establish a framework that
promotes consumer trust in digital markets, even when the
consumer does not know the merchant or when the merchant is
in a different country. However, regulation can also further
segment digital trade, de facto restricting digital
transactions to within national boundaries, or allowing for
cross-border transactions with some partners to flourish,
while limiting others. This can be the intended result of
regulatory measures that limit cross-border data flows or
online purchases or may be the undesired effect of
regulatory differences across countries that leads
businesses to offer different goods and services across boundaries. |
format |
Report |
author |
Daza Jaller, Lillyana Gaillard, Simon Molinuevo, Martín |
author_facet |
Daza Jaller, Lillyana Gaillard, Simon Molinuevo, Martín |
author_sort |
Daza Jaller, Lillyana |
title |
The Regulation of Digital Trade : Key Policies and International Trends |
title_short |
The Regulation of Digital Trade : Key Policies and International Trends |
title_full |
The Regulation of Digital Trade : Key Policies and International Trends |
title_fullStr |
The Regulation of Digital Trade : Key Policies and International Trends |
title_full_unstemmed |
The Regulation of Digital Trade : Key Policies and International Trends |
title_sort |
regulation of digital trade : key policies and international trends |
publisher |
World Bank, Washington, DC |
publishDate |
2020 |
url |
http://documents.worldbank.org/curated/en/998881578289921641/The-Regulation-of-Digital-Trade-Key-Policies-and-International-Trends http://hdl.handle.net/10986/33164 |
_version_ |
1764478124353912832 |