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Data Sovereignty Reshapes Global Markets Amid Digital Trade Evolution
Data Sovereignty Reshapes Global Markets Amid Digital Trade Evolution
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Data sovereignty is emerging as a pivotal force in global economics, redefining how nations and corporations manage cross-border information flows. Trevor Koverko, Co-Founder of Sapien, argues that while internet-enabled technologies have fueled borderless commerce, restrictive data localization policies now threaten to fragment digital trade networks.
Countries imposing stringent data controls risk stifling foreign investment and industrial innovation under the guise of national security. Yet these measures may inadvertently benefit domestic tech ecosystems in populous markets, where localized data pools can drive revenue growth without international dependencies.
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