{"id":207572,"date":"2022-09-24T11:22:42","date_gmt":"2022-09-24T05:52:42","guid":{"rendered":"https:\/\/blog.forumias.com\/?page_id=207572"},"modified":"2022-09-27T11:41:22","modified_gmt":"2022-09-27T06:11:22","slug":"answered-why-is-there-a-need-for-a-framework-for-global-digital-governance-what-steps-should-be-taken-to-achieve-this-objective","status":"publish","type":"page","link":"https:\/\/forumias.com\/blog\/answered-why-is-there-a-need-for-a-framework-for-global-digital-governance-what-steps-should-be-taken-to-achieve-this-objective\/","title":{"rendered":"[Answered] Why is there a need for a framework for global digital governance? What steps should be taken to achieve this objective?"},"content":{"rendered":"<table>\n<tbody>\n<tr>\n<td width=\"616\"><strong>Introduction:\u00a0<\/strong>Contextual introduction.<br \/>\n<strong>Body:\u00a0<\/strong>Explain why there is need for a framework for global digital governance. Also some steps to achieve this objective.<br \/>\n<strong>Conclusion<\/strong>: Write a way forward.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Global digital governance encompasses the norms, institutions, and standards that shape the regulation around the development and use of these technologies. Digital governance has long-term commercial and political implications. A common minimum digital governance framework can become a win-win for both governments as well as internet companies.<\/p>\n<p><strong>Need for a framework for global digital governance:<\/strong><\/p>\n<ul>\n<li>There are <strong>challenges facing the digital economy<\/strong> including anti-trust, data governance, intermediary liabilities, consumer protection and the ethical use of technologies.<\/li>\n<li>Most countries are currently struggling to strike a balance between reining in Big Tech versus boosting their digital economy.<\/li>\n<li>Companies are burdened with the particular <strong>regulatory requirements of the different countries<\/strong> they operate in.<\/li>\n<li>It allows organizations to <strong>minimize uncertainty<\/strong> in development by clearly establishing accountability and decision-making authority for all digital matters.<\/li>\n<li>Having a well-designed digital governance framework minimizes effort and cost and <strong>ensures digital business maturity.\u00a0<\/strong><\/li>\n<li>Effective digital governance results in greater economic benefits, enhanced security and risk management.<\/li>\n<li>To<strong> enhance security and resilience<\/strong> by protecting against cyberattacks and to avoid dependence on third parties for critical resources.<\/li>\n<\/ul>\n<p>The following steps should be taken to achieve the objective of global digital governance:<\/p>\n<ul>\n<li>Engage with <strong>existing multilateral institutions<\/strong> to incorporate and address the new issues raised by technology. E.g. a greater focus on digital trade liberalisation at the World Trade Organisation; extension of Interpol to tackling cybercrime etc.<\/li>\n<li>More rapid progress on issues such as trade, technology and data flows can be achieved by <strong>working in parallel with smaller groups of \u2018like-minded\u2019 countries<\/strong>, such as G7, US-EU, G7 + 4, OECD, Quad etc.<\/li>\n<li><strong>Address issues of regulating Big Tech corporate<\/strong> behaviour primarily through US-European cooperation, as both are major markets and US has headquarters of almost all the relevant companies.<\/li>\n<li>The uncertainty and risks from military applications of AI and other new technologies can be solved through <strong>primarily bilateral and minilateral discussions<\/strong>.<\/li>\n<li><strong>Build consensus<\/strong> on how to regulate technology (e.g. digital taxation), share its benefits and address security risks (e.g. bans or agreements on specific uses of technology like chemical weapons ban).<\/li>\n<li><strong>Recruit, develop and train cohorts<\/strong> <strong>of policy professionals<\/strong> at national and international level for policy formulation with an up-to-date understanding of key technologies and business models.<\/li>\n<\/ul>\n<p>Wise investments in global digital governance allow countries to address concerns on security, societal values and anti-competitive behaviours while limiting the impact on economic productivity, innovation and entrepreneurialism.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction:\u00a0Contextual introduction. Body:\u00a0Explain why there is need for a framework for global digital governance. Also some steps to achieve this objective. Conclusion: Write a way forward. Global digital governance encompasses the norms, institutions, and standards that shape the regulation around the development and use of these technologies. Digital governance has long-term commercial and political implications.&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/answered-why-is-there-a-need-for-a-framework-for-global-digital-governance-what-steps-should-be-taken-to-achieve-this-objective\/\">Continue reading <span class=\"screen-reader-text\">[Answered] Why is there a need for a framework for global digital governance? What steps should be taken to achieve this objective?<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-207572","page","type-page","status-publish","hentry","entry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages\/207572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=207572"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages\/207572\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=207572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}