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April 17, 2017Business and PoliticsOpen Access

Data, development, and growth

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Authors

SWSteven Weber

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Overview

This analysis reveals how data influences economic trajectories and policy choices in various economies, suggesting significant implications.

Key Points

  • The aim is to examine how cross-border data flows impact national economic development trajectories.
  • Reviewed historical economic development theories and their relevance to data flows.
  • Analyzed current literature on the implications of data in the political economy.
  • Explored policy choices related to data localization and import substitution.
  • Identified that both raw and high-value-added data products significantly influence economic growth.
  • Argued that the unique characteristics of data and platforms create new economic dynamics.
  • Presented policy recommendations for governments regarding data and economic growth.

Cite This Study

Steven Weber (2017) studied this question.

synapsesocial.com/papers/6a1314a8823c637a1bfc8744https://doi.org/10.1017/bap.2017.3
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