Digital de-industrialization, global value chains, and structural transformation: Empirical evidence from low- and middle-income countries

Banga, Karishma; Harbansh, Pankhury; Singh, Surendar

doi:10.35188/unu-wider/2023/373-4

Cited by 4 publications

(2 citation statements)

References 75 publications

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“…Due to the disruption of the COVID-19 pandemic across the globe, the process of digitalisation has been accelerated in all sectors of the economy (Kochetkov, Zabavina, & Gafarov, 2021), played a critical role in crisis recovery (Banga & te Velde, 2020), and had great impacts on individuals, businesses and society (Schneider & Kokshagina, 2021). For instance, the call for remote working, virtual collaboration, virtual learning and social distancing restrictions have increased the demand for digital infrastructure and connectivity, ICT-enabled services, online learning, telemedicine and e-commerce platforms (Banga & te Velde, 2020). Similarly, the application of digital solutions has unlocked numerous benefits for MSMEs (Schulz, 2021).…”

Section: Opportunities and Challenges Derived From Digital Transforma...mentioning

confidence: 99%

Digital economy in Southeast Asia: challenges, opportunities and future development

Chuah

2023

SEAMJ

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PurposeThe purpose of this paper is to (a) examine the current state of the digital economy in Southeast Asia (SEA), the challenges and opportunities derived from digital transformation and the digital economy, and the impact of the digital economy on SEA, especially human and physical capital development, and (b) propose policy recommendations for SEA countries to better manage digital transformation.Design/methodology/approachThis is a conceptual paper. The theoretical framework has been built from the three-sector governance approach to identify the issues of the digital economy and propose solutions to address the issues. Specifically, it examines the role and activities of the public sector, the private sector and the third sector to address the challenges posed by the digital economy, especially human and physical capital development.FindingsThis paper revealed challenges and opportunities derived from the experience of Southeast Asian countries and proposed several policies recommendations, including a common data policy and payment platform for the Asian region, a good training and development policy to equip the workforce with digital skills, and digital mindset as well as build cybersecurity capability and capacity at the regional level.Originality/valueThis paper is significant as it examines the development of the digital economy from an interdisciplinary perspective – including economics, digitalisation, governance, management, public policy, technology and human resource development. It also provides better insights into how SEA's digital economic development can be further improved to contribute to a sustainable regional economy.

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Section: Opportunities and Challenges Derived From Digital Transforma...mentioning

confidence: 99%

Digital economy in Southeast Asia: challenges, opportunities and future development

Chuah

2023

SEAMJ

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“…The role of the DE in Africa's foreign trade and economic development is also a focus of academics [17]. Although there are many similar studies on how such low-and middle-income countries (LMICs) should formulate their own national strategies for the DE [18], they mainly focus on international trade. In addition, there are studies exploring the role of the DE in relatively developed regions such as continental Europe [19], but few of them have focused on how to make full use of the DE in the development of the scale of their domestic non-tradable economy.…”

Section: Introductionmentioning

confidence: 99%

Does the Digital Economy Promote Domestic Non-Tradable Sectors?: Evidence from China

Cui

Yan

2023

Sustainability

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The impact of the digital economy (DE) has become the important faction of the market volume of domestic non-tradable sectors (DNSs). As rising digitalization supersedes traditional market power as a driving force, there is increasing concern about the volume of trade and economy; however, the literature of how the DE procession changed the DNS’s are limited, although the Chinese government is eager to enlarge the scale of the domestic market to be consistent with the trend of digitalization. This paper addressed this issue by employing a series of data from prefecture-level cities between 2010 and 2019 in China. Using panel data methods under fixed effect, synthetic difference-in-differences (SDID), and temporal-spatial econometrics, the paper’s hypothesis sheds light on the positive impact of the DE on DNSs. The regression results showed a 14.84% of improvement for the effects of DE development on DNS growth. The policy impact effect increased the average treatment effect by 3.9% average treatment effect, accompanied by temporal and spatial correlations. Further analysis illustrated that a possible intermediary mechanism through which the DE promotes the development of DNSs is the enhancement of the local product market development. It was concluded that policy-makers of developing countries should be devoted to breaking down domestic trade barriers among different regions to enhance the benefits of digitalization.

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‘Digital provide’ or product consumption diffusion cycle? The diffusion impact and potential of digital technology in the Global South

Carmody

2024

Information Technology for Development

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Digital de-industrialization, global value chains, and structural transformation: Empirical evidence from low- and middle-income countries

Abstract: This study has been prepared within the UNU-WIDER project ETD -Economic Transformation Database.

Cited by 4 publications

References 75 publications

Digital economy in Southeast Asia: challenges, opportunities and future development

Digital economy in Southeast Asia: challenges, opportunities and future development

Does the Digital Economy Promote Domestic Non-Tradable Sectors?: Evidence from China

‘Digital provide’ or product consumption diffusion cycle? The diffusion impact and potential of digital technology in the Global South

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