Published April 30, 2023 | Version v1
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FUTURE PROSPECTS FOR ENHANCED ECONOMIC GROWTH IN THE DIGITAL ECONOMY IN DEVELOPED AND DEVELOPING COUNTRIES

Description

The goal of this article is to identify the peculiarities of growing a digital economy in developed and developing nations, to identify the ideal scenario for further digital modernization of the global economic system, and to offer suggestions for its practical implementation. The research is carried out at the global economy level as a whole, using the example of developed and developing nations that are leaders in their respective categories and hold middle and peripheral places. According to the findings, the basis of digital competitiveness of the economy in developed nations is a high degree of integration of information and communication technologies and devices, and the obstacle to its rise is a low interest of businesses in digital modernization. Developing nations are in the opposite scenario, with a low level of integration of information and communication technology and devices and a great desire from businesses in digital modernization.

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