Developing Asia in the Era of Cross-border E-commerce

Lurong Chen

No DP-2017-11, Working Papers from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: Cross-border e-commerce has been a major development trend of international trade and globalization. In the next 5-10 years, the top three fastest-growing markets in the world-India, Indonesia, and Malaysia-will all come from Asia. Connectivity is the cornerstone of e-commerce development. E-commerce supporting connectivity aims to ease free information flow, logistics, free cash flow, and seamless links between the virtual and physical parts of e-commerce network. Accordingly, policy efforts include: increasing the supply of public goods to improve connectivity infrastructure in both physical world and cyberspace; establishing rules and regulations to ensure dynamics and competition of online marketplace; improving connectivity-derived services to generate more value added; prioritizing smartphone economy and Internet financial innovation, and collaboration in the region-wide E-commerce supporting environment.

Keywords: digital economy; e-commerce; connectivity; developing Asia (search for similar items in EconPapers)
Pages: 30 pages.
Date: 2017-11
New Economics Papers: this item is included in nep-ict, nep-int, nep-pay and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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