Summary: ACI’s ASEAN Economic Competitiveness Analysis finds differences in the performance of Indonesia and the Philippines’ infrastructure development. Indonesia performs better in physical infrastructure, while the Philippines performs better in technological infrastructure. Such disparities are intriguing since the countries face similar geographical challenges concerning infrastructure development. The countries also have similar standards of institutional quality […]
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 […]
Jakarta’s massive infrastructure development and growing digital sector kept the economic slump at bay during the covid-19 pandemic. A recent study by ACI tracks Jakarta’s emergence from the pandemic and its socioeconomic progress vis-à-vis the province’s medium-term development plan (RPJMD). It finds that the province’s digital sector showed resilience amidst the economic contraction induced by […]
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 […]
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 […]
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 […]
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 […]
Summary: Asia Competitiveness Institute partnered JobTech to analyse real-time trends in the Singapore labour market. Our study of the job posting data from 2018 to 2021 finds the largest increase in demand for skills related to the STEM fields, such as scripting languages (Python), programming languages (Java), and software development. In contrast, the demand for […]
Note: The ASEAN-10 average score is standardized as zero; Vietnam’s scores above zero show above-average performance, while scores below zero indicate below-average performance. Summary: In ACI’s ASEAN competitiveness analysis, Vietnam has performed in technological infrastructure competitiveness, leapfrogging from a regional laggard in 2000 to above the ASEAN-10 average in 2018. This improvement is due to […]
The digital economy has grown in importance around the world. It refers to the broad range of economic activities that use digitized information and knowledge as key factors of production (Asian Development Bank, 2018). Enablers include the internet, cloud computing, big data, fintech, and other new digital technologies. Asia’s digital transformation is already having a […]
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