Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/222796 
Year of Publication: 
2019
Series/Report no.: 
ADBI Working Paper Series No. 1029
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
Asia is at the forefront of the digital revolution, which promises a radical transformation of the global economy, and indeed of society itself, while at the same time threatening substantial disruptions and dislocation. For instance, workers worry that robots will make them obsolete, while financial supervisors are concerned about the risks to financial stability posed by the latest fintech innovations. At the same time, digitalization may well be a key driver of productivity growth and improved welfare. This paper focuses on whether the digital revolution in Asia is driving growth or disrupting it. Given the diversity of digital innovations and the sparsity of data, the paper uses a multipronged approach to analyze the digital economy in Asia.
Subjects: 
fintech
digital innovations
JEL: 
G21
MI3
O33
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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