Abstract

The purpose of this study is to provide an assessment of the status and development of the digital economy and digital competitiveness in selected Asian economies. Today's economy has become more digital due to scientific and technological developments. The digital economy is an economy based on digital technologies, knowledge and innovation. It involves the primary use of information technology hardware, software, applications, and telecommunications in all sectors of the economy. The importance of the research is that it presents an approach to determine the competitive position of countries in terms of digitalization. The study assessed the digital competitiveness positions of selected Asian countries on the basis of specially selected indicators. Eight Asian countries were included in the study: Hong Kong, Indonesia, Japan, Malaysia, Singapore, South Korea, Thailand, and China. The study examined and compared the Network Readiness Index, Digital Competitiveness Index and E-Government Index. In addition, the World Bank, UNCTAD and International Telecommunication Union (ITU) databases were used as digital economy indicators. When the indices and indicators included in the study to evaluate competition in the digital economy are evaluated as a whole, Hong Kong, Singapore and South Korea have come to the forefront among the countries studied, while Indonesia and Thailand have lagged behind these countries. As a result, the study discusses what needs to be done for countries to maintain and improve their digital competitiveness and use modern digital technologies in all sectors of the economy.

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