Electronic Commerce and the Government

Paper Summary:

This well-researched paper discusses the importance of domestic and international e-commerce in today's economy and the need for stricter governmental regulations in order for global commerce to fulfill its potential. In both the domestic and the international fields, most of those engaged in e-commerce favor a minimal approach to government regulation but concede that additional regulation is necessary for the efficient conduct of business across international boundaries.
Topics covered in this report include:
Customs and Taxation
Electronic Payment Systems
Legal Environment
Intellectual Property Protection
Privacy
Security
Telecommunications Infrastructure and Information Technology
Bibliography

From the Paper:

"There are now methods of payment for goods and services over the Internet that link existing electronic banking and payment systems with new retail interfaces via the Internet. Private sector investment and competition is spurring innovations in this area. Despite the obvious need to ensure the safety of electronic payment systems, no policy is being developed at this time, and it is hoped that the market driven interests that are on the cutting edge of this technology will regulate itself."

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