Re:Antigua gets OK to become copyright haven
by JumpCrisscross on Monday January 28, 2013 @09:15PM
(#5131984)
Sensationalist title.
"Antiguan officials say they could make up the money through the operation of a copyright haven, although what that might look like and what its scope would be remains unclear. Antiguan officials have kept details vague and the move has little precedent."
While the U.S. is is a negligible export destination for Antigua ($9.1 million in 2012 [1], or 0.8% of Antigua & Barbuda's GDP), it is a significant source of imports (17% of GDP). This could produce the seed for regulatory innovation. But concluding anything yet is extremely premature.
"Antiguan officials say they could make up the money through the operation of a copyright haven, although what that might look like and what its scope would be remains unclear. Antiguan officials have kept details vague and the move has little precedent."
While the U.S. is is a negligible export destination for Antigua ($9.1 million in 2012 [1], or 0.8% of Antigua & Barbuda's GDP), it is a significant source of imports (17% of GDP). This could produce the seed for regulatory innovation. But concluding anything yet is extremely premature.
[1] http://www.census.gov/foreign-trade/balance/c2484.html