DIGITAL REVOLUTION IN ASIA NEED A REVAMP IN POLICY RESPONSE
SAFETY NETS FOR ECONOMY AND TECHNOLOGY MUST BE PUT IN PLACE
2019-11-15 09:49
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Asia is at the forefront of the digital revolution promising a radical transformation of the global economy and the society. Many hope that digitalization may well be a key driver of productivity growth and improved welfare. However, the transformation is threatening substantial disruption and dislocation. Workers worry that robots will make them obsolete and financial supervisors are concerned about the risks to financial stability posed by the latest fintech innovations.