ECONOMY & BUSINESS policy paper

JULY 2020

Authors:
Odessa Primus

 

Analytical Report – V4 CARE ARSEC project (supported by the International Visegrad Fund)

visegrad_fund_logo_supported-by_blue_800

Main topics:

  • Data

    • Commodification

    • Regulation | Competition

    • Data privacy rights | GDPR

  • Digital Economy

    • adaption to the digitalisation of the global economy on the side of society and governments

    • new forms of governance concerning data and new technologies

    • Regulation vs. progress

  • Global taxation system

    • MNCs

    • Curbing anti-competitive practices and antitrust violations

  • Competition/regulation frameworks

    • American and European

    • Encouraging innovation


Discussions on Economics & Business issues at the N100, and throughout the insights found during GARI’s research, three main challenges dominated the area. Firstly, the commodification of data. Focus was put on the lack of regulation on the sale of data, data privacy rights, and the need for policy changes to adapt to the increasingly data-driven economy. Second, the adaption to the digitalisation of the global economy on the side of society and governments. It was emphasized that we need to adapt economic policy to keep pace with digital transformations and establish new forms of governance concerning data and new technologies. Thirdly, the debate of prioritising regulation over progress, and vice-versa. A discussion that GARI ranks highly important and key to the development of not only the economic sector, but also of the areas of society, politics, energy & environment, security & defence, and all the others.

full report

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