Global South Review
Vol 4, No 2 (2022): Global South Review

Digital Economy to Boost Economy Recovery Post-Pandemic: Indonesia's Strategic Position as New Economic Power in Southeast Asia

Tusta Citta Ihtisan Tri Prasidya (Program Studi Ilmu Akuntansi, Fakultas Ekonomi dan Bisnis, Universitas Mataram)
Wahyu Candra Dewi (Departemen Ilmu Hubungan Internasional, Universitas Gadjah Mada)



Article Info

Publish Date
28 Jul 2023

Abstract

The concept of the digital economy is a relatively new term used by Don Tapscott in 1995. Since then, this term has been widely discussed in different environments, and many countries have started transforming into digital economies using various strategies. The COVID-19 pandemic did not even stop the popularity of the digital economy; in fact, it is expected to be the core of economic recovery post-Covid-19, necessarily in Indonesia. Indonesia's massive number of internet users creates the opportunity to promote digitalization and eventually transform into a digital economy environment. In 2021, the digital trade valuation reached IDR 401 Trillion with an increasing preference for online spending habits. Supported by the rapid growth of the digital payment system and digital banking, the digital economy in Indonesia is projected to reach USD 146 billion valuations by the end of 2025. This study aims to discover the progression of the digital economy in Indonesia in regards to accelerating economic recovery post-pandemic covid-19 and how it would affect Indonesia's position in relations with South East Asia Countries. Furthermore, the report will also discuss the challenge and opportunity to transform into a digital society.

Copyrights © 2022






Journal Info

Abbrev

globalsouth

Publisher

Subject

Humanities Environmental Science Social Sciences Other

Description

Global South Review is a social and political journal that aimed to provide academic and policy platform to exchange views, research findings, and dialogues within the Global South and between the Global North and the Global South. Global South Review examines all the issues encountered by Global ...