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Evolving Digital and E-Commerce Trade Rules for Northeast Asia

Author :  Deborah Kay Elms

Product Details

Country
South Korea
Publisher
KIEP-Korean Institute for International Economic Policy, Korea
ISBN 9788932216515 ; 9788932210728 (set)
Format PaperBack
Language English
Year of Publication 2016
Bib. Info 218p.
Product Weight 440 gms.
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Product Description

How should digital trade and e-commerce best be regulated? Governments have hitherto tried to adapt off-line rules and legislation to an on-line world, but these have proved increasingly inadequate. This paper examines the rapidly changing landscape of digital trade and e-commerce in Northeast Asia. It looks at new technologies being used in China, Japan, Hong Kong, South Korea and Taiwan. It studies legislative and regulatory changes in each country to show how differently each government is handling aspects of e-commerce and digital trade. None matches up well currently to what might be considered " best practices " and all show regulatory fragmentation. Firms trying to operate in the space-especially smaller companies-will struggle. Ultimately, digital trade should be handled at a regional or global level. The paper looks at how new trade agreements like the Trans-Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP) address digital and e-commerce. Given that digital trade knows no boundaries, eventually the best regulatory and legislative practices started in Asia will need to go global. Studies in Comprehensive Regional Strategies 16-09.

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