Regulation of Borderless High-Technology Economies: Managing Spillover Effects

The implications of the formation of a global high-technology economic system for nations' capacity to control data transfers within their own boundaries are considered. The European Union's policy of eliminating data transfers to states incapable of protecting such information necessitate...

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Bibliographic Details
Published in:Chicago journal of international law 2002-04, Vol.3 (1), p.137-153
Main Author: Salbu, Steven R
Format: Article
Language:English
Subjects:
Economic Systems
European Union
Government Regulation
High Technology Industries
Security
Technology Policy
Technology Transfer
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Summary:The implications of the formation of a global high-technology economic system for nations' capacity to control data transfers within their own boundaries are considered. The European Union's policy of eliminating data transfers to states incapable of protecting such information necessitates states' involvement in controlling activities outside their boundaries. The need to implement aggressive management strategies to ensure the protection of consumers & private information is stressed. The advantages of utilizing multilateral approaches to managing data transfers in which multiple nations possess sovereignty over the transferred information are considered. Nevertheless, it is argued that unilateral methods may provide the best approach since technological globalization processes will cause significant problems for multilateral legal & regulatory structures. Additional attention is dedicated to identifying the potential risks of using the proposed aggressive management strategy. J. W. Parker
ISSN:1529-0816