Book contents
- Frontmatter
- Contents
- Figures
- Tables
- Contributors
- Preface
- 1 Thematic Overview: Charting the Evolution of Knowledge Flows
- Part I Conceptual Framework
- Part II Measuring Trade in Knowledge
- Part III Impact of Knowledge Flows on Trade and Development
- Part IV Policy, Regulatory and Legislative Frameworks
- Part V Looking Forward
- Index
20 - Adapting Trade Rules for the Age of Big Data
from Part IV - Policy, Regulatory and Legislative Frameworks
Published online by Cambridge University Press: 17 February 2022
- Frontmatter
- Contents
- Figures
- Tables
- Contributors
- Preface
- 1 Thematic Overview: Charting the Evolution of Knowledge Flows
- Part I Conceptual Framework
- Part II Measuring Trade in Knowledge
- Part III Impact of Knowledge Flows on Trade and Development
- Part IV Policy, Regulatory and Legislative Frameworks
- Part V Looking Forward
- Index
Summary
The chapter looks at some of the disruptive changes brought about digital technologies that matter for trade and trade policy. It then analyzes the responses that trade policy has formulated to address these changes. The chapter focuses in particular on the Comprehensive and Progressive Agreement for Transpacific Partnership (CPTPP), as the most advanced model so far and one that has now found continuation in the United States–Mexico–Canada Agreement (USMCA). The chapter goes on to contextualize and assess the impact of the existing legal framework, as shaped almost predominantly by free trade agreements. The chapter ultimately asks whether there are better ways to address the challenges of the data-driven economy and what the essential elements of a working regulatory model may be.
- Type
- Chapter
- Information
- Trade in KnowledgeIntellectual Property, Trade and Development in a Transformed Global Economy, pp. 591 - 622Publisher: Cambridge University PressPrint publication year: 2022