Abstract
Purpose: The purpose of the paper is to determine the specifics of building the digital economy in developed and developing countries, to determine the optimal scenario of further digital modernization of the global economic system, and to develop the recommendations for its practical implementation.
Design/Methodology/Approach: The research is performed at the level of the global economy on the whole by the example of developed and developing countries, which are leaders in their categories and which occupy the medium and peripheral positions. All integral indicators of digital competitiveness of their economies, which are distinguished and calculated by IMD as of 2018, are studied. The methodology of the research includes analysis of variation (calculation of direct average, standard deviation, and coefficient of variation), forecasting, and scenario analysis.
Findings: It is determined that in developed countries the basis of digital competitiveness of economy is the high level of integration of information and communication technologies and devices, and the barrier on the path of its increase is low interest of business in digital modernization. Developing countries have an opposite situation – low level of integration of information and communication technologies and devices with high interest to digital modernization from business.
Originality/Value: It is shown that the optimal scenario of development of the modern global digital economy in the short-term (2019–2024) is integration of developed and developing countries, which envisages their close interaction and cooperation in the sphere of creation and development of digital infrastructure, as well as implementation of digital technologies into the activities of business structures on the basis of the clustering mechanism. This will allow reducing the gap in the level of global digital competitiveness of economies of developed and developing countries to 20.592 points (by 28.88%) by 2024.
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Benčič, S., Kitsay, Y.A., Karbekova, A.B., Giyazov, A. (2020). Specifics of Building the Digital Economy in Developed and Developing Countries. In: Popkova, E., Sergi, B. (eds) Digital Economy: Complexity and Variety vs. Rationality. ISC 2019. Lecture Notes in Networks and Systems, vol 87. Springer, Cham. https://doi.org/10.1007/978-3-030-29586-8_5
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DOI: https://doi.org/10.1007/978-3-030-29586-8_5
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