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Readiness of the ASEAN Community for the 4th Industrial Revolution

Author

Listed:
  • Pornpen Vora-Sittha
  • Apirada Chinprateep

Abstract

The study explores the readiness of ASEAN Community for the world Fourth Industrial Revolution, and to propose policy suggestions for stakeholder perspectives. The methodology used is SWOT and TOWS analysis. The results of the study show that only Singapore is the readiest country to face 4IR. Rest of ASEAN members moderately prepared for the world 4IR, except Brunei, Cambodia, Laos, and Myanmar. The size of the ASEAN digital economy has the opportunity to be ranked as the world's top five in 2025, drive-by e-commerce, large industrial plants with the participation of small and medium enterprises. Singapore may face employment disruption before other countries because of its most advanced in using AI technology.

Suggested Citation

  • Pornpen Vora-Sittha & Apirada Chinprateep, 2021. "Readiness of the ASEAN Community for the 4th Industrial Revolution," Asian Social Science, Canadian Center of Science and Education, vol. 17(2), pages 1-31, February.
    • Handle: RePEc:ibn:assjnl:v:17:y:2021:i:2:p:31
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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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