When local data storage regulations are open or with pre-authorized safeguards, global exports are expected to rise by 3.6 percent and global gross domestic product (GDP) is expected to increase by 1.77 percent. When regulations are more stringent against different geopolitical blocs, global exports are expected to decline by 1.76 percent while GDP is expected to fall by 0.94 percent. Regulations that prohibit the flow of data also have a sizable impact with exports declining by 8.45 percent ...
