Digitalisation and digital transformation for poverty eradication
Rapid technological advancement brings more opportunities for poverty alleviation as well as contributes to financial inclusion in rural areas, as access to financial services helps people to build financial wealth and enhance human capital. Despite positive changes brought by digitalisation, there are several challenges and barriers that need to be addressed, such as unequal access to digital technology, low digital literacy, and risk of cybercrimes.
To address those challenges and barriers, ASEAN needs to continue Improving and expanding digital access across regions and to actualise the full potential of digitalisation in poverty alleviation efforts. ASEAN also needs to establish strong policies to manage the risks of cybercrimes and misuse of technology, as well as improving digital literacy and digital capacities of the people.