[Lecture] Digital Economy and Development: an ASEAN Perspective

The digital economy or the digitalization of economic activity is the disruption we are all facing today. It amounts to billions of everyday online connections among people, businesses, institutions, devices, data and processes. The growth of the digital economy in Southeast Asia has been exponential in the last 5-8 years. The current technological disruption is unprecedented in terms of speed and pervasiveness. It is changing production processes and products, new forms of consumption, fixed capital formation, cross border flows and finance, and the way we live. How should ASEAN governments and other stakeholders deal with this? On one hand, there are development dividends of greater inclusion, efficiency and innovation, which will provide new sources of growth, jobs and potentially reduce inequality. On the other, there are risks of increasing inequality if connectivity is not combined with capacity building; social tensions in managing the transition from traditional to new business models and job losses vs jobs created; concentration with the winner takes all model; and issues to do with privacy, and security risks. What is the role of government and a digital development strategy that balances innovation but manages the risks? How can this be an opportunity to leap frog and what should be the digital development strategy? What is the implication for ASEAN economic integration given the 'fifth freedom' of data flows and how should ASEAN and international agreements deal with these issues moving forward?
Hear Prof Mari Pangestu share on her views and opinions in this Hong Siew Ching Speaker series lecture.
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[@sovanrothanaksok7248]

What an insightful presentation. Thank u so much.

[@maalat]

I’m Filipino american who wants to retire partially in the Philippines and help somewhat . Thank you for an amazing presentation.

[@HuynhPaul]

Thank you so much.

[@krabbypatty6896]

Very rich discussion. Thank you

[@TheMap1997]

Risk and potential problems 51:38

[@youtubetroll6620]

CALL CENTERS WILL BE NONEXISTANT IN LESS THAN 5 YEARS, THIS WILL HURT MANY IN THE PHILIPINES.

[@maalat]

PlTform responsible and group wisdom.

[@monrogo3177]

Bu Marie, jangan hanya ngisi kuliah umum d NUS, ANU saja. please sebar ilmunya ke kampus kampus di Papua, Sulawesi, zkalimantan, zsumatra.... please

[@martine8457]

Si mon boulanger veut économiser le salaire de son ouvrier, il doit investir fort pour robotisée/numériser (+ la maintenance) les tâches du salarié. Et si il a un problème avec ces technologies, ça va l'endetter d'avantage... Il finira comme les paysans du monde entier.
Alors ; Ce que je réalise est que seul les grands industriels auront le monopole, dans touts les secteurs d'activité.
Ce sera donc un génocide social et sociétal 🤢

[@youtubetroll6620]

I don't spend any money online

[@youtubetroll6620]

RIDE SHARE DRIVERS ARE DAMAGING CARS AND MOTOS AT AN UNSUSTAINABLE RATE, SO I ASK HOW IS TECH GOOD FOR HUMANITY. YOUR JUST TRADING ONE PROBLEM, FOR A WORSE PROBLEM. (FYI).... TECH ADVANCES AT AN UNSUSTAINABLE RATE, WHICH WILL CAUSE A VERY PROBLEMATIC DEMOCRACY.

[@youtubetroll6620]

I LOVE HOW GRAB, HAS MADE TRAFFIC CONGESTION, TRIPLE IN SIZE.... SO I WOULD DISAGREE WITH TECH. I WOULD CONCLUDE TECH HAS DESTROYED HUMANITY......

[@teeI0ck]

@teel0ck