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Steering the Course of Digitalization: A Thai-German Exchange on Chances and Challenges of Digital Economy

15 February from 17:30 - 19:00

 

 

Roundtable discussion with German MPs

Steering the Course of Digitalization: A Thai-German Exchange on Chances and Challenges of Digital Economy

 

jointly hosted by the

Konrad Adenauer Foundation Thailand, German-Southeast Asian Center of Excellence for Public Policy and Good Governance (CPG), and Asian Governance Foundation

 

February 15, 2024, 5:30-7:00 pm, Mövenpick BDMS Wellness Bangkok


 

Concept Note

The digital economy, characterized by the use of digital technologies and electronic communication, spans diverse sectors such as e-commerce, digital marketing, financial services, software development, and cloud services, to name only a few. This economic model has brought about a substantial shift towards online business interactions, enhancing user experiences, expediting processing, and facilitating easier access to services and products.

The digital economy has emerged as a main driver of economic growth both in developed as well as developing countries, expected to continue to further expand. According to estimates of the World Bank the digital economy contributes to over 15 percent of global gross domestic product (GDP), with a growth rate in the past ten years two and a half times faster than physical world GDP.

The rapid development in digital technology holds opportunities, especially in the field of generative AI whose impact on the digital ecosystem is projected to expand to a USD 207 billion market by 2030. But stakeholders are also facing challenges in ensuring a reliable and secure digital environment for businesses and consumers alike.

Against this backdrop, investments in digital infrastructure such as high-speed internet networks, data centers, and cybersecurity are necessary. Strengthening data privacy and protection, equipping the workforce with relevant skills as well as closing the digital divide within society are other challenges that all countries worldwide need to address.

The roundtable discussion will explore the chances and challenges in the further expansion of the digital economy through an exchange on developments and experiences in Thailand and Germany.

Agenda

(The event will be held in English.)

Participation

An email invitation is required to attend this event. Please email us at events@cpg-online.de if you would like further information about participating in this event.

Details

Date:
15 February
Time:
17:30 - 19:00

Organizers

CPG
AGF
KAS

Venue

Mövenpick BDMS Wellness Bangkok
2 Wireless Road, Lumpini, Patumwan
Bangkok, Bangkok 10330 Thailand
Phone
+66 2 666 3333
View Venue Website