The ascendancy of international data flows
From VoxEU.org: Recent Articles
January 8, 2017 - 7:00pm
In around 25 years, the internet has become an integral part of our daily lives, connecting billions of users and businesses worldwide and leading to an explosion in the volume of cross-border digital flows. This column attempts to measure these flows and their impact on global activity in general. Global flows of goods, services, finance, people, and data have raised world GDP by at least 10\% in the past decade, with the contribution to growth of GDP from data flows nearly matching the value of global trade in physical goods and services.
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