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Digital‐based Services Globalization and Multilateral Trade Cooperation

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  • Erik van der Marel

Abstract

The pandemic crisis will likely shift global trade into digital services. This turn is consistent with the broader picture in which the nature of globalization becomes increasingly based on the Internet, ideas, information, and data. That provides new trade opportunities for poorer countries to participate in digital services. To harness the benefits of this trend, policymakers around the globe should take action to stop the reversal of open digital trade policies, find common grounds to foster regulatory cooperation on cross‐border data flows, and enhance the understanding of the economic impact of new trade restrictions in digital services.

Suggested Citation

  • Erik van der Marel, 2021. "Digital‐based Services Globalization and Multilateral Trade Cooperation," Global Policy, London School of Economics and Political Science, vol. 12(3), pages 392-398, May.
    • Handle: RePEc:bla:glopol:v:12:y:2021:i:3:p:392-398
    DOI: 10.1111/1758-5899.12941
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    References listed on IDEAS

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    1. Gary Clyde Hufbauer & Zhiyao (Lucy) Lu, 2018. "The European Union’s Proposed Digital Services Tax: A De Facto Tariff," Policy Briefs PB18-15, Peterson Institute for International Economics.
    2. Janos Ferencz, 2019. "The OECD Digital Services Trade Restrictiveness Index," OECD Trade Policy Papers 221, OECD Publishing.
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    4. Gary Clyde Hufbauer & Zhiyao (Lucy) Lu, 2019. "Global E-Commerce Talks Stumble on Data Issues, Privacy, and More," Policy Briefs PB19-14, Peterson Institute for International Economics.
    5. Martina Francesca Ferracane & Janez Kren & Erik van der Marel, 2020. "Do data policy restrictions impact the productivity performance of firms and industries?," Review of International Economics, Wiley Blackwell, vol. 28(3), pages 676-722, August.
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    Cited by:

    1. Ziyu Yi & Long Wei & Xuan Huang, 2022. "Does Information-and-Communication-Technology Market Openness Promote Digital Service Exports?," Sustainability, MDPI, vol. 14(9), pages 1-19, April.
    2. Zhang, Yihan & Xu, Jinwen & Yang, Wancheng, 2024. "Analysis of the evolution characteristics of international ICT services trade based on complex network," Telecommunications Policy, Elsevier, vol. 48(3).

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