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Toward a Global Approach to Data in the Digital Age
Author:
Mr. Vikram Haksar
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,
Mr. Yan Carriere-Swallow
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Emran Islam
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,
Andrew Giddings
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Kathleen Kao
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Emanuel Kopp
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Gabriel Quiros
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Series:
Staff Discussion Notes
Volume/Issue:
Volume 2021: Issue 005
Language:
English
Publication Date:
06 Oct 2021
DOI:
https://doi.org/10.5089/9781513599427.006
ISBN:
9781513599878
ISSN:
2617-6750
Pages:
42
Keywords:
Data, finance, bigtech, competition, privacy, trade, policy coordination, global principles; data portability; DATA policies country; privacy trade-off; policy divergence; data availability divide; data economy; Digital economy; Competition; Financial sector stability; Artificial intelligence; Global
Legal-disclaimer:
Staff Discussion Notes (SDNs) showcase policy-related analysis and research being developed by IMF staff members and are published to elicit comments and to encourage debate.The views expressed in this Policy Discussion Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy.
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The ongoing economic and financial digitalization is making individual data a key input and source of value for companies across sectors, from bigtechs and pharmaceuticals to manufacturers and financial services providers. Data on human behavior and choices—our “likes,” purchase patterns, locations, social activities, biometrics, and financing choices—are being generated, collected, stored, and processed at an unprecedented scale.
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Cover Staff Discussion Notes
Staff Discussion Notes
ISSN:
2617-6750
Publisher:
International Monetary Fund