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Finance sector development, Health, Information and Communications Technology

Fintech’s pandemic-related boost to financial inclusion, MSME resilience, and women’s empowerment in Asia

fintech-pandemic-related boost-to-financial-inclusion
Fintech has been instrumental in helping to sustain businesses and households during the COVID-19 pandemic, with scope to be an integral driver of sustainable economic development in the post-pandemic era.

Health, Information and Communications Technology

Servitization of digital technologies to advance health inclusion in developing countries

health-digitalization
Rectifying the uneven distribution of healthcare remains key to reducing health inequity.

Governance and public sector management, Information and Communications Technology

Digital governance can unlock connectivity potential and transformation

internet-network
Digital governance incorporates new norms, rules, and processes to achieve efficiency and effectiveness in government functions for all stakeholders.

Governance and public sector management, Information and Communications Technology

Artificial intelligence to unlock sustainable development potential in Southeast Asia

asia-pathways-artificial-intelligence-in-southeast-asia
Emerging artificial intelligence technology has the potential to accelerate Southeast Asia's lagging progress toward the Sustainable Development Goals.

Economics, Finance sector development, Industry and trade, Information and Communications Technology

Harnessing digitalization on the path to sustainable economic development in Asia

digital-city-illustration
Digitalization is helping to transform economies by enhancing economy-wide competitiveness and productivity, with trade being an important channel. The use of big data and the emergence of online platforms have further bolstered the progression of the digital economy, particularly in Asia.

Economics, Environment, Information and Communications Technology, Infrastructure, Social development and protection, Urban development

Levelling up innovation in Asia

Astana, Kazakhstan
Innovation is playing a vital role in the economic, social, and environmental progress of Asia and the Pacific and has been an important factor in the region's rapid and successful transformation. However, many countries in the region lag behind, innovating at a fraction of the pace as countries in similar or even lower income groups.

Governance and public sector management, Information and Communications Technology

Taxation and digitalization in the COVID-19 era

Taxation and digitalization in the COVID-19 era
The coronavirus disease (COVID-19) pandemic has created challenges for tax administrations and is constraining tax revenue in many countries. Its impacts have caused the global economy to slow down, leading to reduced tax collection. However, the pandemic has also changed social habits and encouraged people to use digital technologies.

Economics, Finance sector development, Information and Communications Technology

Fintech development transforming the financial landscape in the People’s Republic of China

Fintech development transforming the financial landscape in the People’s Republic of China
Financial technology (fintech) is rapidly changing the financial landscape in the People’s Republic of China (PRC), with important implications for financial inclusion and macroeconomic stability (Huang 2020). Fintech in the PRC started at the end of 2004 when the mobile payment service Alipay first came online. However, fintech did not grow dramatically until 2013, when the online money market fund Yu’ebao started to receive investments from Alipay users.

Economics, Finance sector development, Information and Communications Technology

Digital transformation poses potential risks for stability and the financial industry

Digital transformation poses potential risks for stability and the financial industry
Digital transformation is changing how and by whom financial services are provided, bringing benefits to consumers in the form of expanded and simplified access to financial services. However, this transformation is also affecting the financial services industry in ways that could lead to greater risks to systemic financial stability.

Governance and public sector management, Industry and trade, Information and Communications Technology, Private sector development

The value creation potential of platforms

The value creation potential of platforms
The rapid success of modern platforms is a testament to their ability to scale efficiently to the needs of many while providing an undeniable and significant advantage over the older methods that had so far dominated value exchanges. Powered by the public Internet and robust local connectivity, digital platforms rose to the challenge of developing newer, more efficient alternatives in their respective focus areas.