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Harnessing Digitalization for Sustainable Economic Development: Insights for Asia

Editor

Listed:
  • Beirne, John
    (Asian Development Bank Institute)

  • Fernandez, David
    (Singapore Management University)

Abstract

Harnessing Digitalization for Sustainable Economic Development: Insights for Asia describes digitalization’s role in raising the productive capacities of economies. It examines how digital transformation can enhance trade, financial inclusion, and firm competitiveness, as well as how greater digital infrastructure investment, internet connectivity, and financial and digital education in the region can maximize digitalization’s economic benefits. It also explains the importance of striking the right balance between the regulation and supervision of financial technology to enable innovation and safeguarding financial stability and consumer protection. Part I of the book seeks to build an understanding of digitalization’s effects on macroeconomic performance, including through trade channels and financial inclusion. Part II examines automation and the impact advancements in digital technology can have on firms via technology spillovers and the labor market. Finally, Part III highlights onward policy challenges for achieving sustainable and inclusive economic development outcomes amid accelerating technological change and demand for a more digitalized economy.

Suggested Citation

  • Beirne, John & Fernandez, David (ed.), 2021. "Harnessing Digitalization for Sustainable Economic Development: Insights for Asia," ADBI Books, Asian Development Bank Institute, number 23, Décembre.
    • Handle: RePEc:ris:adbook:0023
    as

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    Citations

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    Cited by:

    1. Yijiang Wang & Shuxian Jiang & Chuanqi Wu & Xinyu Cai & Fulin Wang, 2022. "Impact of the Global Megatrends, COVID-19, and Digital Economy on Professional Career Management Transformation in Asian Countries," Sustainability, MDPI, vol. 14(17), pages 1-24, September.
    2. Cita Puspita Sari & Eny Sulistyaningrum, 2023. "Digitalization and Access to Household Credit: Pre and Post COVID-19 Pandemic," Gadjah Mada Economics Working Paper Series 202303002, Department of Economics, Faculty of Economics and Business, Universitas Gadjah Mada.

    More about this item

    Keywords

    digitalization; economic development;

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