lieve that and acceptable international data privacy regime will have to focus on outcomes rather than the technology. On facts on the ground rather than ideology. On whether, at the end of the day, the net effect is an acceptable level of protection of privacy to the individual rather than the specific means of attaining that objective. While this is not the place for specific, detailed recommendations, we believe that this will entail some combination of self-regulation and regulation, perhaps reinforced by privacy enabling technologies.The privacy problem is a metaphor for a more general set of problems of governance in the age of a digital global economy. Any number of issues, including the need for a new financial architecture, achieving a much needed multilateral agreement on investment, protecting the environment, human rights and worker rights require transnational solutions in the face of stark, and at times, diametrically opposed, local differences in values, belief systems and history. Again, this circle must be squared: global solutions must be found that accommodate and respect local differences. Perhaps even in this global age, Tip ONeal, the Speaker of the House of Representatives, advice still holds: all politics is local....
