OECD and WTO joint report highlights economic impact of data regulation and advocates balanced approach
A new report by the WTO Secretariat and the OECD examines the economic implications of data flow regulation and data localisation. It highlights the importance of global solutions that promote free data flows paired with appropriate safeguards. This balanced approach to data regulation could yield significant economic benefits, particularly for low and lower-middle income economies. Conversely, restrictive data flow practices could lead to substantial global economic losses.
