Language:
English
Pages:
1 Online-Ressource
Series Statement:
Economic Updates and Modeling
Keywords:
Economic Growth
;
ICT Applications
;
ICT Economics
;
Information and Communication Technologies
;
Information Technology
;
Macroeconomics and Economic Growth
Abstract:
Digitalization represents a key driver for long-term economic growth. While the use of digital technology has accelerated during the pandemic, the Philippines has not fully leveraged its expected benefits. There has been progress in expanding digital connectivity, but challenges remain. The explosive digitalization during the pandemic requires policies to keep up with the pace of development of the digital economy