We use cookies on this website to give you a better user experience. By continuing to browse the site, you are agreeing to our use of cookies. Learn more

E-Commerce as Asia's New Growth Engine

E-Commerce as Asia's New Growth Engine
Date:
23 October 2017
Tags:
E-commerce, Asia, Trade, Globalization

Print Article:

The development of cross-border electronic commerce (e-commerce) is changing the world's economic landscape. To better grasp the opportunities of this global trend of growth, Asian countries will still need to make progress in areas such as connectivity, services, rules and regulations, and labour skills. In addition to market mechanism that shall lead the transition, government policy can help the market maximize the advantage of information revolution, and avoid potential market failure. Asian countries may consider policy effort on promoting e-commerce from following aspects:

  • Enabling an e-commerce growth environment
  • Improving connectivity
  • Encouraging value-added services
  • Accelerating rule-setting and regulatory harmonization
  • Promoting Internet financial innovation
  • Prioritizing the development of smartphone economy

ERIA-PB-2017-02

Search ERIA.org

Latest Multimedia

Indonesia's ASEAN Chairmanship 2023 High-Level Policy Dialogue: ASEAN Digital Community 2045

ERIA Knowledge Lab Discusses Scaling Up Innovation and Digital Technology Ecosystem

Is ASEAN Ready for Electric Vehicles? | ASEAN Insights Podcast

Latest Articles

ASEAN, India, Trade, Global Trade, Global Supply Chain, GVC
20 November 2024
Editor(s)/Author(s): Anita Prakash
ERIA (Economic Research Institute for ASEAN and East Asia) collaborates closely with India and[...]
Trade, Trump tariffs, Roundabout trade
18 November 2024
Editor(s)/Author(s): Tadashi Ito
Although there are many news articles about tariff dodging by[...]