scholarly journals Fostering inclusive economic growth: the case of the Digital Code of Benin

2021 ◽  
Author(s):  
Tebello Qhotsokoane ◽  
Beatriz Kira ◽  
Simphiwe Laura Stewart
Keyword(s):  
Economic Growth ◽  
Digital Economy ◽  
Digital Transformation ◽  
Digital Code ◽  
Conducive Environment ◽  
Laws And Regulations ◽  
Digital Sphere

This policy note seeks to elucidate the opportunities for development in Republic of Benin’s digital code, as the country attempts to become a regional example of progress in the digital sphere. The note examines the Digital Code of Benin which sets out a comprehensive set of laws and regulations aimed at providing a secure and conducive environment for digital transformation and innovation. By assessing the key strengths and opportunities for development, this policy note can also inform regional approaches to regulation of the digital economy, especially since Benin is seen as a model for the region.

scholarly journals DIGITAL TRANSFORMATION OF THE RUSSIAN ECONOMY AND ALIGNMENT OF ECONOMIC INTERESTS

2021 ◽  
Vol 230 (4) ◽  
pp. 410-416
Author(s):  
N.V. RASSKAZOVA ◽  
Keyword(s):  
Economic Growth ◽  
Transaction Costs ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
Production Costs ◽  
Economic Interests ◽  
Digital Platforms ◽  
Russian Economy ◽  
Reproduction Process

The problems of the digital economy development are central, since the introduction of digital technologies in the reproduction process provides for increased efficiency and reduced production costs. This fact encourages the development of digital platforms and mechanisms that allow to accelerate the process of interaction between different actors and reduce the transaction costs of coordinating economic interests at the micro and macro levels, which will eventually lead to economic growth. In this regard, the problem of digitalization of the Russian economy and its branches is relevant.

scholarly journals Management of the Innovative Digital Technology Implementation in the Regions

2021 ◽  
Vol 110 ◽  
pp. 04017
Author(s):  
Irina Ershova ◽  
Anna Obukhova ◽  
Olga Belyaeva ◽  
Oleg Aseev
Keyword(s):  
Economic Growth ◽  
Intellectual Property ◽  
Digital Technology ◽  
Technology Implementation ◽  
Developed Countries ◽  
Digital Economy ◽  
Digital Transformation ◽  
Global Innovation ◽  
The World ◽  
Global Economic Growth

The article defines the goals of digital transformation of companies, highlights the main distinctive elements of digitalization of enterprises, and classifies the factors that affect the speed of digital transformation. The authors assessed the level of digital economy development in Russia, Ukraine and developed countries over the period of 2007-2020 according to the International Digital Economy and Society Index (I-DESI) as well as the Global Innovation Index (GII). The change in the ranking of individual countries according to the GII is presented, top ten leading countries in each group are identified. The authors compare the most popular innovative technological trends, present the expected payback periods for investments in digital solutions in Russia and the world, determine the barriers that hinder the development of digitalization in companies. The analysis carried out shows that against the background of a significant slowdown in the global economic growth, there are concerns about a reduction in R&D, venture capital and intellectual property.

scholarly journals CONTAINING FACTORS OF THE RUSSIAN DIGITAL TRANSFORMATION AT THE TRANSIT STAGE FROM THE FORMATION OF THE DIGITAL ECONOMY TO ITS DEVELOPMENT IN THE CONTEXT OF GLOBAL TRENDS

2019 ◽  
Vol 7 ◽  
Author(s):  
Elena Zolochevskaya ◽  
Tatyana Cherkasova ◽  
Valeriya Arsenieva ◽  
Larisa Lozovova
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
World Economy ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
High Tech ◽  
Innovative Development ◽  
National Program ◽  
The World

The article reveals the concepts of innovative development and digital economy and defines their categorical correlation. The main modern trends in the development of the world economy in the context of globalization are highlighted, which implies that the digital transformation of national economies is becoming a key factor for sustainable economic growth, allowing to ensure strong competitive positions in the global space. Expert assessments of cross-country ratings in terms of the global competitiveness and innovativeness of the national economy demonstrate that the leading role in the development of the world economy belongs to the developed and rapidly developing countries at the top of these ratings. However, the leading positions some countries in the ratings are not the result of simple evolution of economic development, but a purposeful strategy of innovative development implemented through a set of public policy measures. The analysis of the state innovation policy of the USA, EU countries, Sweden and Norway, which occupy leading positions in the Digital Economy and Society Index (I-DESI) rating, made it possible to identify the main directions of economic growth that are important to consider in the Russian state policy of digitalization. As part of the study of the current state of the Russian digital transformation, the achieved success is highlighted and the constraints are identified, the elimination of which will determine the success of the development of digital technologies and their implementation in government bodies, public organizations and business structures. The successful result of Russian digitalization is the adoption of a strategic document (National Program "Digital Economy of the Russian Federation"), which defines the goals and institutional conditions for its implementation for all subjects of the national economy. Critical analysis of national programs helped to highlight some of the contained flaws, including the lack of: - economic objectives that concern system development of national industry 4.0 and the withdrawal of Russian digital technologies on global markets;- the indicative indicators of the pace of development of e-Commerce, the share of high-tech jobs in the total employment structure, growth of high-tech exports, and others; incentive mechanism for businesses to transition on the numbers; - ways to increase investment in research and development. In addition, the need for its adjustment is due to the selected seven limiting factors of Russian digitalization, which demonstrate the low efficiency of the national program in the transition from the stage of formation to the stage of development of the digital economy in Russia.

scholarly journals Implementation of innovative digital technologies in the world

2020 ◽  
Vol 186 (11-12) ◽  
pp. 28-35
Author(s):  
Irina Ershova ◽  
◽  
Anna Obukhova ◽  
Olga Belyaeva ◽  
◽  
...  
Keyword(s):  
Economic Growth ◽  
Intellectual Property ◽  
Digital Technologies ◽  
Developed Countries ◽  
Digital Economy ◽  
Digital Transformation ◽  
Development Level ◽  
Global Innovation ◽  
The World ◽  
Global Economic Growth

The authors define the goals of digital transformation of countries, highlight the main distinctive elements of their digitalization and classify factors that affect the speed of digital transformation. They assess the development level of digital economy in Russia, Ukraine and developed countries in 2007-2020 according to the International Digital Economy and Society Index (I-DESI) and the Global Innovation Index (GII). The authors provide information about changes in the ranking of individual countries according to the GII and identify top ten countries in each group. The authors compare the most popular innovative technological trends, present the expected payback periods for investments in digital solutions in Russia and the world and determine the barriers that hinder the development of digitalization in the countries and companies. The conducted analysis shows that against the background of a significant slowdown in the global economic growth, there are concerns about a reduction in R&D, venture capital and intellectual property.

scholarly journals FOREWORD

2019 ◽  
Vol 8 (1) ◽  
pp. 4
Author(s):  
Manuela Epure
Keyword(s):  
Economic Growth ◽  
Private Sector ◽  
Network Effects ◽  
Digital Economy ◽  
Digital Transformation ◽  
Digital Ecosystems ◽  
Digital Platforms ◽  
Economic Trends ◽  
Platforms And Ecosystems ◽  
The Moment

Digital transformation is shaping our lives continuously. The current economic trends confirm the shift to the digital economy and society. Significant changes occurred at micro and macro levels, new financial and commercial models emerged due to the digital platforms and ecosystems.Digital platforms and ecosystems are created, managed and governed to support the private entrepreneurial initiatives. For the private sector, digital platforms come with the promise of exponential economic growth, scale through the network effects and no assets needed. Recent research shows that emerging digital ecosystems will score $60  trillion in revenue by 2025, which represents more than 30% of the global corporate revenue, and for the moment, only 3% of companies have adopted an active platform strategy....

Implementaon of digital economy elements in electric power industry

2018 ◽  
Vol 11 (2) ◽  
pp. 94-102 ◽  
Author(s):  
A. G. Filimonov ◽  
N. D. Chichirova ◽  
A. A. Chichirov ◽  
A. A. Filimonovа
Keyword(s):  
Electric Power ◽  
Energy Production ◽  
Predictive Analytics ◽  
Digital Economy ◽  
Digital Transformation ◽  
Cloud Services ◽  
Small Scale ◽  
Economic Activities ◽  
Industrial Enterprises ◽  
Automation Systems

Energy generation, along with other sectors of Russia’s economy, is on the cusp of the era of digital transformation. Modern IT solutions ensure the transition of industrial enterprises from automation and computerization, which used to be the targets of the second half of the last century, to digital enterprise concept 4.0. The international record of technological and structural solutions in digitization may be used in Russia’s energy sector to the full extent. Specifics of implementation of such systems in different countries are only determined by the level of economic development of each particular state and the attitude of public authorities as related to the necessity of creating conditions for implementation of the same. It is shown that a strong legislative framework is created in Russia for transition to the digital economy, with research and applied developments available that are up to the international level. The following digital economy elements may be used today at enterprises for production of electrical and thermal energy: — dealing with large amounts of data (including operations exercised via cloud services and distributed data bases); — development of small scale distributed generation and its dispatching; — implementation of smart elements in both electric power and heat supply networks; — development of production process automation systems, remote monitoring and predictive analytics; 3D-modeling of parts and elements; real time mathematic simulation with feedback in the form of control actions; — creating centres for analytical processing of statistic data and accounting in financial and economic activities with business analytics functions, with expansion of communication networks and computing capacities. Examples are presented for implementation of smart systems in energy production and distribution. It is stated in the paper that state-of art information technologies are currently being implemented in Russia, new unique digital transformation projects are being launched in major energy companies. Yet, what is required is large-scale and thorough digitization and controllable energy production system as a multi-factor business process will provide the optimum combination of efficient economic activities, reliability and safety of power supply.

STUDY OF THE IMPACT OF RAISING THE RETIREMENT AGE ON ECONOMIC GROWTH IN THE DIGITAL ECONOMY IN RUSSIA AND EUROPE

2020 ◽  
Author(s):  
Svetlana Apenko ◽  
◽  
Olga Kiriliuk ◽  
Elena Legchilina ◽  
Tatiana Tsalko ◽  
...  
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
Economic Policy ◽  
Labor Relations ◽  
Pension Reform ◽  
Digital Economy ◽  
Institutional Changes ◽  
Retirement Age ◽  
The Impact

The article presents the results of a study of the impact of pension reform in Russia on economic growth and quality of life in a digital economy, taking into account the experience of raising the retirement age in Europe. The aim of the study was to identify and analyze the impact of raising the retirement age on economic growth in the context of the development of digitalization in Russia and a comparative analysis with European countries. Results: the studies conducted allowed us to develop a system of indicators characterizing the impact of raising the retirement age on economic growth and the quality of life of the population in the context of digitalization. The authors found that raising the retirement age leads to a change in labor relations in Russia and Europe. The application of the proposed indicators can be used in the formation of a balanced state socio-economic policy in the field of institutional changes in the field of labor relations and raising the retirement age. The study was carried out under a grant from the RFBR № 19-010-00362 А.

Digital economy: conceptual and strategic aspects of development

2020 ◽  
pp. 40-52
Author(s):  
D. Volkov
Keyword(s):  
Public Administration ◽  
Digital Technologies ◽  
Digital Economy ◽  
The State ◽  
Long Wave ◽  
End To End ◽  
Advanced Development ◽  
Digital Sphere

The article proves the need to "return" the state to the economy in order to implement digital mobilization and form a new mechanism of public administration, including the article analyzes the key conditions for Russia’s transition to the path of "advanced development", reveals not only the content of the levels of the digital sphere, but also its end-to-end digital technologies, all the challenges and threats generated by the development of the digital economy, examines the need and possibility of Russia’s movement to the sixth technological order, provides an algorithm for the transition to the phase of a new long wave (the big or Kondratiev cycle).

Digital Transformation as a Way to Improve Public Administration

2020 ◽  
Vol 8 ◽  
pp. 48-53
Author(s):  
I. I. Zedgenizova ◽  
◽  
I. V. Ignatieva ◽  
Keyword(s):  
Public Administration ◽  
Relevant Information ◽  
Digital Economy ◽  
Digital Transformation ◽  
Digital Government ◽  
Dynamic Development ◽  
Modern Technologies

The relevance of the article is due to the dynamic development of modern technologies and the transition of state bodies to a digital way of exchanging legally relevant information. The purpose of the article is a brief overview of the problems associated with the regulation of the digital economy in the direction of «Digital government», as well as approaches to their solution.

THE SHAPE OF A COMMERCIAL BANK IN THE CONTEXT OF DIGITAL TRANSFORMATION IN THE ECONOMY

2020 ◽  
Author(s):  
Магомед Русланович Таштамиров
Keyword(s):  
Commercial Bank ◽  
Digital Economy ◽  
Digital Transformation ◽  
Economic Relations

Данная статья посвящена актуальным вопросам необходимости преобразования коммерческого банка в условиях цифровой трансформации экономических отношений. Представлены некоторые тенденции цифровизации экономики. Отмечена объективная необходимость пересмотра роли и облика коммерческого банка в перспективе цифровой экономики. Выявлены проблемные аспекты ускоренного преобразования цифрового банка в России. This article is devoted to topical issues of necessity of transformation of commercial bank in conditions of digital transformation of economic relations. Some trends in digitalization of the economy are presented. The objective need to review the role and appearance of the commercial bank in the perspective of the digital economy was noted. Problematic aspects of accelerated transformation of digital bank in Russia identified.

Sign in / Sign up

Export Citation Format

Share Document