Data protection frameworks must be compatible with international data flows for developing countries to benefit from the global digital economy.
National and regional legal frameworks that protect data in the ever-expanding digital economy are often outdated, incompatible or missing, UNCTAD has found. This will store up problems for the future integration of developing countries into the global economy and threaten the amazing benefits they could derive from cross-border e-commerce.
In a new report, Data Protection Regulations and International Data Flows: Implications for Trade and Development, UNCTAD says that coherent and compatible data protection regimes will be ever-more important in the face of new technologies such as cloud computing, big data, and the Internet of Things. More dialogue between all stakeholders is needed to achieve adequate protection, the report urges.
The report identifies eight policy options for countries as well as international and regional organizations to consider when adopting or revising data protection legislation and guidelines (Figure 2). In order to promote international compatibility, it is important to avoid duplication and fragmentation in approaches to data protection. Instead of pursuing multiple initiatives, the report suggests, global and regional organizations may need to concentrate on one unifying initiative or a smaller number of initiatives that are internationally compatible. Source: UNCTAD
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