The fast-paced digitalization of the global economy takes place along the growing importance and share of e commerce in the global trade. International organizations and governments consider e commerce a potential driver of economic growth and improvements in the national welfare, as well as a smart tool for overall catch-up effect. However, there is little agreement among the todays’ academic and political communities about any factors that are key to the development of digital commerce and better ways helping to tackle political and regulatory issues that affect it.
Researchers aim at comparing and classifying national economies by the level of e commerce with due regard to the main aspects of their functioning, as well as testing the hypothesis that the level of digital commerce varies significantly by the world economies driven by different key factors in the formation of the digital economy. The research methods are goal-dependent and relate to benchmarking performed using multidimensional classification of objects under study, in particular, using agglomerative hierarchical algorithms. Interpreting outcomes involves the logical-intuitive method of generalizing and concluding.
The findings of this study are of interest to international and national governmental and non-governmental organizations driving the global, regional and/or national economies, and can serve as a springboard for further research using the insights obtained in the course of this project.