Asia-Pacific

The United States and Japan must make a concerted effort to mutually advance their economic security and counter Chinese economic coercion, while bringing other allied nations aboard the enterprise to the greatest extent possible.

The SSCP’s broad per se prohibitions and limited cybersecurity exemption are likely to chill the very innovative behavior that is key to allowing Japan’s smartphone markets to thrive, and risk targeting a leading firm of one of its closest allies.

The ACCC should consider digital models beyond the EU's Digital Markets Act and Digital Services Act, such as those of the United States, Singapore, and Taiwan, which do not involve heavy-handed digital regulations that can stifle the very innovation Australia seeks to foster.

Global trade relies heavily on trust, and the Internet amplifies trust challenges due to distance, anonymity, and the vast scale of interactions. To address these challenges, APEC economies should focus on developing socio-technical solutions, like digital IDs and content provenance tools, to improve trust in the digital environment and ensure the safety and security of the digital economy.

The draft DTI Law presents a promising framework for advancing Vietnam's digital technology sector. While it offers valuable steps forward in areas such as data accessibility, AI regulation, and industry support, there are several aspects that could benefit from refinement.

A recent working paper found that social media sites such as YouTube and WhatsApp increase the dissemination of information to the Indonesian rice farmers who use them.

In a working paper published by the National Bureau of Economic Research, Jaedo Choi, et al., investigated the effect of “superstar” firms in South Korea during the so-called “miracle growth period.”

Watch now for an event hosted by ITIF's Schumpeter Project on Competition Policy, featuring leading antitrust experts from Taiwan, Japan, Korea, and the United States.

Shifting from evidence-based law enforcement to heavy-handed digital regulation could stifle the innovation Korea needs and lead to various unintended consequences. As the Korean proverb goes, it’s unwise to “burn down the hut to catch a bedbug.”

A recent working paper suggests that mobile broadband access had a significant effect in reducing COVID-19 cases.