The digital economy is transforming how we live, work, play, travel, interact, and do everything in between. It evokes the image of a seamless global marketplace.
Reality is different. The digital revolution may be global in its reach, but it is uneven in its effects. In the digital world, connections matter. Some countries and continents are connecting more than others, and Europe and the United States are connecting most of all.
Cross-border data flows between the U.S. and Europe are the highest in the world. Digital transformation is becoming the single most important means by which both sides of the Atlantic can reinforce their bonds and position themselves for a world of more diffuse power and intensified competition.
My book The Transatlantic Digital Economy 2017 is the first study of its kind to measure the digital connections that bind Europe and the United States. It breaks new ground by offering ten metrics by which we can better understand how and why digitalization and digital links across the Atlantic are becoming so critical to both U.S. and European economic health.
I provide regular updated data as a special chapter in my annual report on the Transatlantic Economy. For the most recent data, click here.