Staff Discussion Notes

Preview Citation

Format: Chicago

V. Haksar, Yan Carriere-Swallow, Emran Islam, Andrew Giddings, Kathleen Kao, Emanuel Kopp, and Gabriel Quiros-Romero. Toward a Global Approach to Data in the Digital Age, (USA: International Monetary Fund, 2021) accessed November 21, 2024

Disclaimer: This Staff Discussion Note represents the views of the authors and does not necessarily represent IMF views or IMF policy. The views expressed herein should be attributed to the authors and not to the IMF, its Executive Board, or its management. Staff Discussion Notes are published to elicit comments and to further debate.

Summary

The ongoing economic and financial digitalization is making individual data a key input and source of value for companies across sectors, from bigtechs and pharmaceuticals to manufacturers and financial services providers. Data on human behavior and choices—our “likes,” purchase patterns, locations, social activities, biometrics, and financing choices—are being generated, collected, stored, and processed at an unprecedented scale.

Subject: Artificial intelligence, Competition, Digital economy, Economic sectors, Financial crises, Financial markets, Financial regulation and supervision, Financial sector policy and analysis, Financial sector stability, Financial services, Technology

Keywords: Artificial intelligence, Bigtech, Competition, Competition, Data, Data availability divide, Data economy, DATA policies country, Data portability, Digital economy, Finance, Financial sector stability, Global, Global principles, Policy coordination, Policy divergence, Privacy, Privacy trade-off, Trade

Publication Details

  • Pages:

    42

  • Volume:

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  • DOI:

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  • Issue:

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  • Series:

    Staff Discussion Notes No. 2021/005

  • Stock No:

    SDNEA2021005

  • ISBN:

    9781513599427

  • ISSN:

    2617-6750