Impacts of Data Localization and Its Policy Motivations
Huang Ning1,2
1.Chinese Academy of Science and Technology for Development,Beijing 100038,China;
2.Economic and Social Development Research Institute,Nankai University,Tianjin 300071,China
Abstract:Data localization has attracted worldwide attention and controversy.It mainly affects data security,industry protection and international trade and investment.There are obvious differences in the choice of regulation of transborder data flows.The U.S.advocates free flows of data,the EU focuses on privacy regulation,while a large number of developing countries prefer data localization policies.This is because each economy pursues maximization of regulation net profit,based on its own level of information technology and privacy awareness.This paper puts forward some suggestions for China to turn to privacy regulation as soon as possible,as its domestic conditions are changing quickly.
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