The Influence of Digital Technology on Global Economic Transformation: A Case Study of Southeast Asian Markets

Abstract

This research aims to analyze the influence of digital technology on global economic transformation, with a focus on the Southeast Asian market. Digital technologies, such as e-commerce, the Internet of Things (IoT), and big data, have significantly changed the way countries in the region interact with global markets, driving economic growth, and creating new opportunities for businesses, especially Micro, Small, and Medium Enterprises (MSMEs). However, while digital technologies offer a wide range of benefits, key challenges such as the digital divide between urban and rural areas and limited digital skills among the workforce remain major barriers to maximizing this potential. This research uses a qualitative approach with in-depth interviews with stakeholders in countries such as Indonesia, Malaysia, Thailand, and Vietnam. The results show that although government policies have supported the adoption of digital technology, existing infrastructure and skills gaps still hinder a more equitable digitalization process. The study provides recommendations for countries in Southeast Asia to strengthen digital infrastructure and improve digital skills through comprehensive training programs, as well as strengthen collaboration between the public and private sectors