Sustainable trade
Asian Economic Integration Report 2021: Making Digital Platforms Work for Asia and the Pacific
Published 09 March 2021 | 1 minute read
This publication examines the initial impact on trade, investment, finance, and people’s mobility as the COVID-19 pandemic struck Asia and the Pacific.
The outbreak in 2020 disrupted both supply and demand sides of an interconnected world economy. Asia and the Pacific was not immune as lockdowns and travel and trade restrictions affected nearly all aspects of cross-border economic activity. The Asian Economic Integration Report 2021 looks at how regional economies individually or collectively respond to the crisis by, for example, leveraging rapid technological progress and digitalization as well as increasing services trade to reconnect and recover. The theme chapter focuses on digital platforms and how they can accelerate digital transformation across the region.
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Author
Asian Development Bank
Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members – 49 from the region.
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