Azmeh, S. and Foster, C.G. orcid.org/0000-0001-7827-2485 (2016) The TPP and the digital trade agenda: Digital industrial policy and Silicon Valley’s influence on new trade agreements. Working Paper. International Development, Working Paper Series (16-175). Department of International Development, London School of Economics and Political Science ISSN 1470-2320
Abstract
The global economy is undergoing a digital shift that is likely to intensify with rapid growth in digital trade and digital-based restructuring of economic sectors. While trade in “traditional” goods and services is subject to enforceable rules through multiple agreements, key areas relevant to the digital economy are weakly regulated. This has provided policy space for latecomer economies to implement what we call digital industrial policy. Through denying market access, data localization, and technology transfers, some of the digital industrial policy tools represent a threat to US firms that dominated the digital world and to the position of the US economy as a global digital leader. Consequently, underpinned by growing political power of Silicon Valley, the US adopted the “digital trade agenda” in its trade policy particularly in the so-called 21st century trade agreements; the TPP and TTIP. This trade agenda is likely to expand in the future and will have important implications on digital and economic development.
Metadata
Item Type: | Monograph |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2016 London School of Economics and Political Science. |
Keywords: | Digital industrial policy; Trans-pacific partnership; data localization; the digital trade agenda; Silicon Valley; digital catching-up |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Information School (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 22 Dec 2017 13:27 |
Last Modified: | 22 Dec 2017 13:27 |
Published Version: | http://www.lse.ac.uk/internationalDevelopment/publ... |
Status: | Published |
Publisher: | Department of International Development, London School of Economics and Political Science |
Series Name: | International Development, Working Paper Series |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:125522 |