Asia can’t afford the tech upgrade its businesses need

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Asia can’t afford the tech upgrade its businesses need
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Asia’s digital divides mean some can’t afford tech upgrade they need to compete

The other divide is affordability.

The IMF thinks the divides between nations are being bridged: the report suggests frontier countries create “technology diffusion” that sees technology and tech-powered services reach their less-advanced neighbors.human capital in and/or from less-developed nations. That can nourish those non-frontier countries, but also lure away some of their best talent.

But all of these suggested improvements from the IMF seem to lump Asian countries together into a cohesive unit. While the Association of Southeast Asian Nations is a trade bloc that covers ten nations, it is less influential than the European Union in terms of driving digital infrastructure development.

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