Digital Globalization

Politics, Policy, and a Governance Paradox

Stephen Weymouth (Georgetown University, Washington DC)

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English

Cambridge University Press
01 June 2023

Globalization; Economics; International trade; E-commerce: business aspects; Privacy law

Series: Elements in International Relations

Digital technologies are reshaping the global economy and complicating cooperation over its governance. Innovations in technology and business propel a new, digitally-driven phase of globalization defined by the expansion of cross-border information flows that is provoking political conflict and policy discord. This Element argues that the activities of digital value chains (DVCs), the central economic actors in digital globalization, complicate international economic relations. DVC activities can erode individual privacy, shift tax burdens, and cement monopoly positions. These outcomes generate a new politics of globalization, and governments are responding with increasing restrictions on cross-border data flows. This monograph: 1) explains the new sources of political division stemming from digital globalization; 2) documents policy barriers to digital trade; 3) presents a framework to explain digital trade barriers across countries; and 4) assesses the prospects for international cooperation on digital governance, which requires countries move beyond coordinated liberalization and toward coordinated regulation.

By: Stephen Weymouth (Georgetown University Washington DC)
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Dimensions: Height: 227mm, Width: 152mm, Spine: 6mm
Weight: 140g
ISBN: 9781108978361
ISBN 10: 1108978363
Series: Elements in International Relations
Pages: 75
Publication Date: 01 June 2023
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active

1. Introduction; 2. The global digital economy; 3. Policy impediments to digital globalization; 4. Digital trade politics; 5. Institutional prerequisites for digital globalization; Bibliography.