Stream Leader: Professor Heng Wang
Contributors: Scientia Professor Ross Buckley, Professor Deborah Healey, Professor Heng WangTechnological innovation profoundly affects international economic law and practice including that of business and regulators. The pandemic has accelerated the digitalisation of international economic transactions.
Technological development brings huge opportunities, including lower transaction costs, financial inclusion, new services based on AI, and major new risks including cyber attacks and data misuse. Businesses embrace opportunities (such as a new ecosystem based on new technology and data) and face new challenges (such as more competition and divergent regulations imposed by different states). Regulators need to identify new risks and rethink their regulatory arrangements.
The stream will explore key questions that include: