The West Can Make Russia a Trade Pariah with a Page from Moscow’s Playbook

The West Can Make Russia a Trade Pariah with a Page from Moscow’s Playbook

Policymakers around the world are searching for ways to punish Russian leaders for their aggression in Ukraine. They have generally relied on economic and financial sanctions. But sanctions are an imperfect tool. They can lead to higher prices and limited supplies of various goods and services in the home market, and sanctions may not change the target country’s behavior. A review of U.S. history illuminates an alternative approach, one that may attract the support of other nations.

The U.S. and its allies can deny most-favored-nation status to Russia, as Reps. Lloyd Doggett and Earl Blumenauer have proposed. (The U.S. uses the terminology “normal trade relations” to signify that a nation that has this status isn’t actually more favored than any other nation.) Most-favored nation status is a guiding principle of trade rules. Should the U.S. and other nations deny Russia this status, they will be free to impose tariffs on Russian exports. The cost of Russian goods will rise, making these products more expensive and gradually less desirable. Over time, Russia’s coffers will be harder to fill.

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This Threat to Democracy Is Made in America. Biden’s Summit Won’t Fix It.

This Threat to Democracy Is Made in America. Biden’s Summit Won’t Fix It. (Dreamstine, Barrons)

At the behest of the U.S., representatives of 100 nations will gather online on Thursday and Friday to examine how they can sustain democracy. The Summit for Democracy has a packed agenda but ignores a major threat: Firms in the U.S. and elsewhere use large troves of personal data to manipulate our behavior, which is directly and indirectly endangering our autonomy, human rights, and democracy. This threat to democracy was and continues to be made in America, and America’s allies know it.

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In the Data-Driven Economy, the Law of the Jungle Rules

In the Data-Driven Economy, the Law of the Jungle Rules

The vision of data control, or restricting cross-border data flows, as a means of protecting personal data is disruptive and inaccurate. Whether held by the public or private sector, societies benefit the most when large inventories of data are used, shared, and crossed with other sets of data.

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Data is disruptive: How data sovereignty is challenging data governance

Data is disruptive: How data sovereignty is challenging data governance

The vision of data control, or restricting cross-border data flows, as a means of protecting personal data is disruptive and inaccurate. Whether held by the public or private sector, societies benefit the most when large inventories of data are used, shared, and crossed with other sets of data.

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Could Trade Agreements Help Address the Wicked Problem of Cross-Border Disinformation?

Could Trade Agreements Help Address the Wicked Problem of Cross-Border Disinformation? Cigi Online

Whether produced domestically or internationally, disinformation is a “wicked” problem that has global impacts. Although trade agreements contain measures that address cross-border disinformation, domestically created disinformation remains out of their reach. This paper looks at how policy makers can use trade agreements to mitigate disinformation and spam while implementing financial and trade sanctions against entities and countries that engage in disseminating cross-border disinformation. Developed and developing countries will need to work together to solve this global problem.

How Nations Can Build Online Trust Through Trade

In 2018, U.N. Secretary-General António Guterres  argued that the world is suffering from a “trust deficit disorder.” He described a vicious circle where malicious acts in cyberspace polarize communities, reinforce tribalism, and diminish trust among states. The only way to mitigate these problems, he argued, was to encourage cooperation among countries and internet stakeholders off and online.

The One Trade Agreement Biden Should Sign Up For Now

The One Trade Agreement Biden Should Sign Up For Now

I have seen the future of international trade, and it is called DEPA, the Digital Economy Partnership Agreement. With this trade agreement, New Zealand, Chile, and Singapore have crafted a new approach to trade policymaking focused on rules to govern cross-border data flows, facilitate data-driven economic growth, and increase online trust. In December, Canada announced it would seek to join DEPA. The U.S. should too.  DEPA is pathbreaking for several reasons. First, the participants see their relationship as a partnership; they pledge to build a digital economy that supports innovation and builds trust in their own countries and globally. Second, they drafted the agreement to demonstrate the benefits of collaboration at a time when many economies are choosing to go it alone or bilaterally because of Covid-19.

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Transatlantic Priorities: Data Governance

Transatlantic Priorities: Data Governance featured

On January 6, 2021, with the siege of the US Capitol, the world saw the direct and indirect effects of a man and a party willing to move fast and break democracy and global political stability. While we may be slow learners, this lesson will likely push America and Europe closer together. We have been reminded that our democracy is fragile, and we need our allies to help protect it. Throughout disruption, our allies have stood by and encouraged a return to normalcy, e.g. competition and collaboration. But while we may share many norms and objectives, the US and the EU do not share approaches to data governance. Some have even argued that the US, EU, and China are creating separate data realms.

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Big Data, Big Problems as Privacy and Bias Concerns Persist

Big Data, Big Problems as Privacy and Bias Concerns Persist

Big data analytics is the secret sauce of the American polity and economy—widely utilized but poorly understood. Organizations use various typesOpens in a new window of big data analytics to make decisions, correlations, and predictions about their constituents or stakeholders. The market for data is big and growing rapidly; it’s estimatedOpens in a new window to hit $100 billion before the end of the decade. But the recipe for data analytics can at times contain a hidden ingredient: bias. Not surprisingly, there is evidenceOpens in a new window that reliance on big data analytical processes can lead to divisive, discriminatory, inequitable, and even dangerous outcomes—collective harms—for some of the people sorted into groups. That needs to change.

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Data Is Divisive: A History of Public Communications on E-commerce, 1998–2020

Data Is Divisive: A History of Public Communications on E-commerce, 1998–2020 featured

For 22 years, the members of the World Trade Organization (WTO) have been discussing how to govern e-commerce and the data that underpins it. In 2019, some 74 (now 86) nations began to negotiate e-commerce. These talks are conducted in secret and little is known about how they are progressing. However, WTO members issued a wide range of public comments on both the Work Programme on Electronic Commerce and the Joint Statement Initiative on Electronic Commerce from 1998, when the work program began, to the present. These communications provide context as well as a window into the negotiations.

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