Research & Development : There is No Way Out

The need for digital transformation for emerging economies are substantial, promising unprecedented paces in socioeconomic development and regional and global integration. It is of significant concern that the digital sector‘s rate of growth is surpassing that of the traditional economy on a global...

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Bibliographic Details
Main Authors: Riccardo, Corrado, Prohim, Tam, Audrey, Liwan
Other Authors: Melanie, GERSTER
Format: Book Chapter
Language:en
Published: Konrad-Adenauer-Stiftung Cambodia 2023
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Online Access:http://ir.unimas.my/id/eprint/43803/3/Research%20%26%20Development.pdf
http://ir.unimas.my/id/eprint/43803/
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Summary:The need for digital transformation for emerging economies are substantial, promising unprecedented paces in socioeconomic development and regional and global integration. It is of significant concern that the digital sector‘s rate of growth is surpassing that of the traditional economy on a global scale. Consequently, nations that fail to engage in digitalization efforts may find themselves at a growing disadvantage. In this context, Cambodia has prioritized its country strategy toward the development of digital economy and society, as articulated in Pentagonal Strategy Phase 1. This article examines Cambodia’s digital skill development landscape against the backdrop of such transformational imperatives. It uncovers the systemic challenges that obstruct progress from supply-side perspective, alongside opportunities afforded by demographic trends and its ecosystem.