New research, commissioned by Salesforce and prepared by Access Partnership, examines G20 economies' openness towards cross-border data flows and the extent to which it affects their competitiveness. The third edition of the report Data Beyond Borders 3.0 and the Cross-Border Data Flows Index (CBDFI) highlights the benefits of cross-border data flows while also examining privacy, cybersecurity, and sovereignty concerns that restrict data movement.
Among the reports highlights, Japan and the United Kingdom are leading the way among G20 economies in terms of cross-border data flows. Australia and Singapore are also ranked highly, while the United States is just behind them. However, countries like Russia and China lag behind due to their strict data localization requirements and lack of regulatory support for cross-border data flows. On a positive note, several economies, including Argentina, Australia, Brazil, India, Indonesia, and Saudi Arabia, have made significant progress in promoting cross-border data flows through the implementation of new legislation.
The report offers recommendations to address these issues in a more balanced and conducive manner.
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