The Impact of Digital Readiness on Economic Growth: Analyzing Technology, People, Governance, and Impact Pillars in East Asia and The Pacific

Digital transformation is a key driver of economic growth, particularly in East Asia and the Pacific. This study examines the impact of four Network Readiness Index (NRI) pillars, Technology, People, Governance, and Impact, on GDP growth in 21 countries from 2019 to 2024 using panel data regression. Findings indicate that the Technology and Governance pillars significantly influence GDP growth, highlighting the importance of digital infrastructure and effective governance. Meanwhile, the People and Impact pillars show no significant statistical effect despite their relevance in sustainable development. These results emphasize the need for more substantial investment in digital technology, governance policies, and digital inclusion strategies to foster long-term economic growth.