Joshua P. Meltzer
The world is experiencing unprecedented increases in connectivity and global data flows, much of it centred in the Asia-Pacific region. Internet access and maximising cross-border data flows is leading to increased productivity, economic growth and new opportunities for international trade. The economic opportunities from technologies such as cloud computing, big data and the internet of things are also not limited to the IT sector but are economy-wide, including in sectors such as manufacturing and agriculture. India stands to gain from going digital – with scope to create 1.5-2 million more jobs this year and to contribute to $550 billion-$1 trillion to its GDP by 2025. However, governments across Asia are adopting data localisation requirements that restrict cross-border data flows. In many cases, however, there remain ways to achieve these goals with less impact on data flows, economic growth and trade.
Speaker: Joshua P. Meltzer, Senior Fellow, Global Economy & Development, Brookings Institution, Washington D.C.
- Avik Sarkar, OSD Data analytics cell, NITI Aayog
- Mudit Kapoor, Associate Professor of Economics at the Indian Statistical Institute
- Asoke Mukerji, former Indian diplomat
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