Publication:
Deep-Dive on Malaysia’s Digital Services Trade

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dc.contributor.authorWorld Bank
dc.date.accessioned2022-05-19T21:58:10Z
dc.date.available2022-05-19T21:58:10Z
dc.date.issued2022-03
dc.description.abstractThe rapid expansion of digital technologies around the world has impacted many economic and social activities with increasingly reliable and fast Internet connectivity changing how people communicate, work, and live. Digital services have also played an important role in keeping the world connected and economies running during the COVID-19 pandemic. It is therefore crucial that countries implement proactive polices to become more digitalized and target the creation of an inclusive digital economy in order to foster sustainable and inclusive economic growth. Cross-border data transfer regulations also play an important role in supporting trade in digital services. The Malaysia digital economy report produced by the World Bank in 2018 examined three interrelated issues that are closely aligned with Malaysia’s own goal of becoming an e-commerce hub for the region. Building on this research agenda, this deep dive seeks to explain how the role of digital services trade can be enhanced to contribute to Malaysia’s competitiveness and integration into the global marketplace. The paper is structured as follows: section one gives introduction and context. Sections 2 and 3 benchmarks Malaysia’s digital preparedness (for example, in terms of Internet penetration ratios) against its structural, aspirational, and regional peers. Section 4 assesses the performance of Malaysia’s digital services trade and digital economy, including in sub-sectors such as e-commerce and FinTech which are both important elements of digitalization. Section 5 discusses the constraints to deeper integration and development of the digital sector in the Malaysian economy. Section 6 presents the main findings and makes policy recommendations.en
dc.identifierhttp://documents.worldbank.org/curated/en/099030105172211734/P174668089457d0060b87c026cd2d227771
dc.identifier.doi10.1596/37460
dc.identifier.urihttps://hdl.handle.net/10986/37460
dc.languageEnglish
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectDIGITAL SERVICES TRADE
dc.subjectDIGITAL BUSINESS
dc.subjectDIGITAL ECONOMY DEVELOPMENT
dc.subjectSMALL MEDIUM SIZE FIRMS
dc.subjectDIGITAL NETWORK SERVICES
dc.subjectINTERNET REGULATION
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectPRIVATE TELECOMMUNICATION INVESTMENT
dc.subjectDIGITAL GLOBAL VALUE CHAINS
dc.subjectSKILLS DEVELOPMENT
dc.subjectINTERNET PENETRATION RATIOS
dc.titleDeep-Dive on Malaysia’s Digital Services Tradeen
dc.title.alternativeTHE MALAYSIA DEVELOPMENT EXPERIENCE SERIES - MARCH 2022en
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleDeep-Dive on Malaysia’s Digital Services TradeTHE MALAYSIA DEVELOPMENT EXPERIENCE SERIES - MARCH 2022
okr.date.disclosure2022-05-17
okr.date.doiregistration2025-05-07T11:19:05.747704Z
okr.date.lastmodified2022-05-17T00:00:00Zen
okr.doctypeReport
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099030105172211734/P174668089457d0060b87c026cd2d227771
okr.guid099030105172211734
okr.identifier.externaldocumentum33820192
okr.identifier.internaldocumentum33820192
okr.identifier.report171559
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099030105172211734/pdf/P174668089457d0060b87c026cd2d227771.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryMalaysia
okr.topicPrivate Sector Development::E-Business
okr.topicPrivate Sector Development::Legal Regulation and Business Environment
okr.topicSocial Protections and Labor::Skills Development and Labor Force Training
okr.topicInformation and Communication Technologies::Information Technology
okr.topicInformation and Communication Technologies::Telecommunications Infrastructure
okr.unitEFI-EAP-MTI-MacroFiscal-2 (EEAM2)
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