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Economic Implications of Cross-Border Data Flows

2019

ICRIER also organized several consultation workshops, dissemination and outreach events during the month. Several articles bearing the ICRIER imprint were published in leading newspapers and other media platforms on a variety of current issues such as economic growth, agriculture, trade, FTAs, RCEP and single use plastic, among others. We sincerely hope that you will take out some time to glance through these updates and engage further with anything that interests you. We hope you enjoy the newsletter’s new format. As always, we welcome your valuable feedback.

ICRIER Newsletter | December 2019 | Vol. III, Issue 12 Rajat_Kathuria Mon 16-12-2019 20:46 NEWSLETTER December 2019 | Vol. III, Issue 12 The December 2019 issue of the Newsletter provides a quick recap of ICRIER’s research and policy engagements during November 2019. Two research reports in the digital economy domain, one on liberalising satellite communications and the other on cross-border data flows were released. A book featuring case studies of India's participation in Global Value Chains was also launched (see below). ICRIER also organized several consultation workshops, dissemination and outreach events during the month. Several articles bearing the ICRIER imprint were published in leading newspapers and other media platforms on a variety of current issues such as economic growth, agriculture, trade, FTAs, RCEP and single use plastic, among others. We sincerely hope that you will take out some time to glance through these updates and engage further with anything that interests you. We hope you enjoy the newsletter’s new format. As always, we welcome your valuable feedback. Book, Reports, Working Papers and Policy Briefs Economic Implications of Cross-Border Data Flows Rajat Kathuria, Mansi Kedia, Gangesh Sreekumar Varma and Kaushambi Bagchi Cross-border data flows have become indispensable to international trade. Data is experiencing a new found and unprecedented role as an input to global trade and commerce, impacting not only the information technology (IT) sector, but also traditional industries. To cater to this upsurge, global internet bandwidth increased from a mere 56 Gbps in 1999 to 393 Tbps in 2018, an annual increase of an astonishing 59.1 percent (CAGR). Between 2014 and 2018, Africa experienced the most rapid growth of international internet bandwidth at a compounded annual growth rate of 45 percent. During the same period, India’s international internet bandwidth increased by 62.7 percent per annum. Read more Liberalising Satellite Communications in India: Opportunities for Enhanced Economic Growth Rajat Kathuria, Mansi Kedia, Prateek Kukreja and Ujjwal Krishna The use of intercontinental ballistic missiles during the Cold War between the United States and the Soviet Union kicked off the space race. In October 1957, the Soviet Union set a historic landmark with the launch of the first Earth-orbiting satellite, Sputnik 1. By the end of 1958, the world’s first active communication satellite, SCORE (Signal Communication by Orbiting Relay Equipment), was launched by the U.S. Air Force. National Aeronautics and Space Act (NASA) launched its first communications satellite, Echo 1, a passive communication device, in August 1960. In 1960, the U.S. Department of Defence also launched Courier, the world’s first fully active communications satellite. Read more Seminars, Conferences and Workshop G20 Stakeholder Consultation on Traditional and Complementary Systems of Medicine in the context of SDGs, UHC and PHC 29 Nov 2019 A stakeholder consultation was organized in ICRIER as a part of its G20 health engagement with the Department of Economic Affairs (Ministry of Finance), Government of India. The objective of this research study is to develop recommendations for the Government of India vis-à-vis promotion of Traditional and Complementary Systems of Medicine (TCSM) in general, AYUSH in particular, in the context of Sustainable Development Goals (SDGs), Universal Health Coverage (UHC) and Primary Health Care (PHC). The consultation sought to elicit views of a wide range of health sector stakeholders on three major themes: challenges to UHC in India, India’s strategy to promote TCSM and AYUSH, and India’s best practices vis-à-vis UHC and TCSM that could be showcased at the international level. Read more Report Release Economic Implications of Cross-Border Data Flows 25 Nov 2019 A report titled, “Economic Implications of Cross-Border Data Flows”, authored by Rajat Kathuria, Mansi Kedia, Gangesh Varma and Kaushambi Bagchi was released in an event jointly organised by ICRIER and Internet and Mobile Association of India (IAMAI) on November 25th, 2019. The report develops empirical on the economic implications of cross-border data flows in India using an augmented gravity model. The report also builds case studies to estimate the impacts of localisation policies by sector. It recommends bilateral and plurilateral data transfer arrangements to minimise adverse impacts of localisation, and also suggests the option of mirroring of critical datasets where feasible. Read more Book launch and panel discussion on Global Value Chains and the Missing Links: Cases from Indian Industry 22 Nov 2019 On November 22, 2019, ICRIER organised an event for the launch of the book titled, ‘Global Value Chains and the Missing Links: Cases from Indian Industry’, jointly authored by Dr. Saon Ray, Senior Fellow, ICRIER and Ms. Smita Miglani, Research Associate, ICRIER and published by Routledge. The book launch was followed by a panel discussion. The book primarily focuses on examining the evidence of India’s Global Value Chain (GVC) integration, probing the reasons for India's low GVC integration and offers options for enhancing India’s participation. Read more The future of Asia – Asian flows and networks are defining the next phase of globalization 20 Nov 2019 On November 20th, 2019 ICRIER organised a talk on ‘The Future of Asia - how networks are defining the next phase of Globalization’ in partnership with Mckinsey Company. Mr. Oliver Tonby, Chairman, Asia, McKinsey & Company delivered the talk which was followed by a discussion. Read more Dissemination Event on exploring cost reduction strategies for Electric Vehicle (EV) batteries 14 Nov 2019 The key findings of the project on ‘Exploring cost-reduction strategies for Electric Vehicles (EV) batteries’ undertaken by ICRIER and funded by Shakti foundation were disseminated at an event organized by ICRIER on 14th November 2019. Mr. CK Mishra, Secretary, MOEFCC, delivered the keynote address. Read more Shri Ram Research Challenge 8 Nov 2019 ICRIER partnered with The Economic Society of Shri Ram College of Commerce for judging their Annual Event, “Shri Ram Research Challenge” on 8th November. The competition saw participation of students from across India. The competition aimed at helping young minds gain insights into analytical research and teamwork. The case studies were judged by Dr. Amrita Goldar, Ms. Tanu M Goyal and Ms. Samridhi Bimal. Read more OUR MONTHLY MEDIA RECAP From Plate to Plough: Give Farmers their Due Credit Ashok Gulati & Ritika Juneja | Indian Express | November 25, 2019 Read more The Jobs Crisis Worsens Shankar Acharya | Business Standard | November 19, 2019 Read more Commodity Champions: Implementation Of eNAM Understanding & Siraj Hussain | CNBC-TV18 | November 15, 2019 Read more BSNL-MTNL merger: Revival out of coverage area? Rajat Kathuria & Chavi Asrani | Financial Express | November 16, 2019 Read more Desh Deshantar: कृिष बाजार APMC से eNam | APMC to eNam Sandip Das | Rajya Sabha TV | 13 November, 2019 Read more Lessons from RCEP Negotiations Anirudh Shingal | Business Standard | November 15, 2019 Read more One Step Forward, Two Steps Back for Telecom Sector Rajat Kathuria | Mint | November 13, 2019 Read more From Plate to Plough: Sowing Paddy, Reaping Smog Ashok Gulati | The Financial Express | November 11, 2019 Read more Please feel free to share contact details of others who may be interested in receiving ICRIER’s Newsletter, papers, publications and notices regarding seminars, workshops, conferences, etc. Rajat Kathuria Director & CE Our Research Office: Plot No. 16-17, Pushp Vihar, Institutional Area, Sector 6, New Delhi-110017 Seminar and Outreach: Core 6A, 4th Floor, India Habitat Centre, Lodhi Road, New Delhi-110003 Ph: +91 11 43112400, E-mail: [email protected] Website: www.icrier.org Disclaimer: Opinions and recommendations in the report are exclusively of the author(s) and not of any other individual or institution including ICRIER. 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