The ASEAN Digital Economy Framework Agreement: Uniting or Dividing?

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The ASEAN Digital Economy Framework Agreement launched in September 2023 aims to unite ASEAN nations in fostering digital cooperation and adding up to US$2 trillion to its digital economy by 2030. Among the prerequisites, progress in digital payments and e-wallet adoption is needed and notable in some countries such as Thailand, Vietnam, and Malaysia. Yet, infrastructure disparities, varying internet access, and digital readiness in micro, small and medium enterprises pose challenges. Efforts to harmonise definitions, bridge digital gaps, and ensure policy alignment are crucial to unlocking ASEAN’s digital potential.

Original languageEnglish
Title of host publicationPROSPECTS FOR AN ASEAN DIGITAL COMMUNITY
Publication statusPublished - 3 Apr 2024

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