A report commissioned by Salesforce ranking G20 economies in their opensess towards cross border data flows, and provides recommendations to strengthen its mechanisms.
This paper explores how G20 countries could commit to cross border data flows responsibly and securely.
Global data flows contribute to a rise in GDP in the global economy. McKinsey estimates that global data flows account for 3 percent of global GDP output, or USD2.3 trillion. The Brookings Institution estimates that unobstructed digital trade raises the GDP by 3.4 to 4.8 percent, contributing to the creation of 2.4 million new jobs.