Asia Competitiveness Institute, Lee Kuan Yew School of Public Policy, National University of Singapore
Summary: The digital economy has become a key growth engine for the next stage of development in Asia. The inclusion of digital economy related provisions into both the CPTPP and the RCEP as well as a growing body of bilateral digital economy agreements is strong evidence of the importance of attached to the growth of […]
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Summary： The growth of the digital economy is often said to be supported by consumer trust in digital platforms, but concerns about online privacy vary among consumers in Asia. Trust in online privacy is relatively lower in countries where citizens use the internet more, and relatively higher in countries where citizens do not go online […]
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As digitalization tightens its grip on the world economy, countries have sought to enhance and deepen their digital cooperation. Proliferating digital trade and the limited scope of digital commitments in the trade agreements paved the way for Digital Economy Agreements (DEA). DEAs are inter-governmental treaties that “establish digital trade rules and allow for digital economy […]
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Summary: A comparison between emerging economies across different geographical regions and high-income economies reveals the colossal magnitude of the digital payments revolution. The closer the economies are to the top-left corner, the stronger their growth in digital payments usage between 2014 and 2021. The concentration of high-income countries in the top-right corner reflects a well-established […]
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ACI hosted a webinar CBDC and the Digital Economy: Insights for Asian Emerging Markets on September 28th, 2022. Dr. Taojun Xie was the moderator, Prof. Yiping Huang and Dr. Ammu George were the presenters. On the panel were industry experts – Her Excellency Dr. Serey Chea, Dr. Taimur Baig, and Dr. Xuan Wang. Dr. Xie […]
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2021 has tested the ability of the AMS to weather a crisis. As the COVID-19 pandemic drags on, disruptions to the global economy continue to cast a shadow upon the development of ASEAN. Amidst this, the economies of ASEAN have made the digital economy a key component of their strategy to achieve a new phase […]
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Gone are the days when climate change was talked about in future tense – it is happening now and happening fast. With more extreme weather events battering the region, Southeast Asia (SEA) must champion not only disaster anticipation and preparedness but also disaster mitigation equally well. As energy consumption in the region is projected to […]
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The ‘take, make, dispose’ approach that formed the bedrock of the linear economy has come under scrutiny with a growing focus on circular economy. With countries moving to build their own capabilities, regional groupings too have sought to address the issue collectively. As such, the Association of Southeast Asian Nations (ASEAN) has launched the Framework […]
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Summary: The world economy has experienced multiple turmoils in the past three years. The COVID-19 pandemic brought the first wave of global economic decline, in which global GDP growth contracted by 3.3% in 2020. The global economy subsequently recovered in 2021, reaping an annual increase of 5.8%, amid the optimism that the arrival of vaccines […]
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Summary: Rising affluence in regional economies is linked with greater purchasing power – however, the downside is the creation of more waste. Over 24.9 million metric tonnes of E-Waste were generated across Asia in 2019, much of which came from countries with higher GDP per capita. Furthermore, increases in GDP per capita led to a […]
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