For Becoming A Key Player In Ihe Global Outsourcing Market
The term Digital Economy was first mentioned in Japan by a Japanese educator and research economist in the midst about Japan’s recession of the 1990s. In the West, the term accompanied and used to be coined in Don Tapscott’s 1995 book The Digital Economy: Promise and Peril in the Age of Networked Intelligence. This was once among the first books to consider how the Internet would change the way we did business.
Digital economy refers to an economic system that is primarily based on digital computing technologies, though we increasingly become aware of this namely conducting enterprise thru markets based on the internet and the World Wide Web. The digital economy is also sometimes called the Internet Economy, New Economy, or Web Economy. Bangladesh is one of the few countries in Asia that has a huge youth population. Of its 163 million people, almost 65% are under the age of 25. This vast, young, and strong human resource, however, is still lacking in the knowledge necessary to thrive in the competitive global market Although freelancing as a career has gained in popularity over the last few years, thousands of Bangladesh’s young people need proper training and government support to help them take advantage of this opportunity. The government should focus on turning unemployed young people into tech-savvy workers and engage them in IT-based freelancing.
The Rapid eTrade Readiness Assessment by UN found that Bangladesh has laid an essential foundation for a technology-driven and skill-based digital economy, but still needs to introduce a comprehensive national e-commerce strategy and improve delivery logistics — a global market for digital outsourcing. The digitalisation of a country’s economy not only drives innovation in its service industry, but it also fuels domestic job opportunities, enabling faster economic growth.
Rayhan Ahmed Topader
London
