Strengthening International Ties Can Support Increased Convergence of National Privacy Regimes

The Internet has become today’s global trade route, and personal data is one of its major currencies. The growth in the digital economy is impressive. One study found that economic activity taking place over the Internet is growing at 10% per year within the G-20 group of nations. In the United States (U.S.) alone, one estimate found that companies exported nearly $360 billion in digitally deliverable services in 2014. The digital economy now drives countless aspects of the world economy.

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