PARADIGM SHIFT: HOW THE DIGITAL ECONOMY IS REORGANISING THE WORLD'S ECONOMIC POWER
Abstract
The digital economy has led to a fundamental paradigm shift in the power structure of the global economy. Digital technologies, such as artificial intelligence, big data, and the Internet of Things (IoT), play an important role in improving countries' productivity, innovation, and competitiveness. Countries that are able to adopt and implement these technologies effectively tend to experience faster economic growth. In addition, the digital economy is also expanding economic inclusion by enabling greater access to markets and financial services for individuals and small businesses, especially in developing countries. However, this transformation also brings challenges, including digital inequality and the need for adequate regulation. Policies that support education, digital infrastructure and data protection, as well as increased international cooperation, are essential to maximise the benefits of the digital economy in an equitable and sustainable manner.
Downloads
References
Ainiyah, G. Z. (2021). QUALITATIVE RESEARCH METHODS TRAINING FOR TEACHERS IN THE PREPARATION OF CLASS ACTION RESEARCH WRITING AT WONOSOBO PURNAMA HIGH SCHOOL. Perwira Journal of Community Development, 1(1), 1-9. https://doi.org/10.54199/pjcd.v1i1.34
Akbar, Y. H., & Tracogna, A. (2022). The digital economy and the growth dynamics of sharing platforms: A transaction cost economics assessment. Journal of Digital Economy, 1(3), 209-226. https://doi.org/10.1016/j.jdec.2023.01.002
Akhtar, M. J., Azhar, M., Khan, N. A., & Rahman, M. N. (2023). Conceptualising social media analytics in digital economy: An evidence from bibliometric analysis. Journal of Digital Economy, 2(Query date: 2024-12-08 11:31:39), 1-15. https://doi.org/10.1016/j.jdec.2023.03.004
Djunushalieva, G. (2020). Digital Skills for Digital Economy. Query date: 2024-12-08 11:31:39. https://doi.org/10.70240/undp001
Dmitrieva, E. I. (2020). Digital Platforms as a Base for Forming a Digital Economy. Proceedings of the 2nd International Scientific and Practical Conference on Digital Economy (ISCDE 2020), Query date: 2024-12-08 11:31:39. https://doi.org/10.2991/aebmr.k.201205.092
Girard, T. (2024). 17. The Global Political Economy of Digital Technology. Global Political Economy, Query date: 2024-12-08 11:31:39, 405-426. https://doi.org/10.1093/hepl/9780192847553.003.0017
Głuszak, M. (2022). New institutional economics and the digital economy. The Digital Economy and the European Labour Market, Query date: 2024-12-08 11:31:39, 75-88. https://doi.org/10.4324/9781003254638-8
Gudo, J. (2024). Transparency and Accountability in State-Owned Enterprises. Civil Society Organisations and State-Owned Enterprises in South Africa, Query date: 2024-12-08 10:56:05, 75-98. https://doi.org/10.4324/9781003390701-5
Hang, H., & Chen, Z. (2022). How to realise the full potentials of artificial intelligence (AI) in digital economy? A literature review. Journal of Digital Economy, 1(3), 180-191. https://doi.org/10.1016/j.jdec.2022.11.003
Hanh, P. T. H. (2023). Vietnam's Digital Economy. The ASEAN Digital Economy, Query date: 2024-12-08 11:31:39, 114-126. https://doi.org/10.4324/9781003308751-7
Jahan, N., & Zhou, Y. (2023). Covid-19 and digital inclusion: Impact on employment. Journal of Digital Economy, 2(Query date: 2024-12-08 11:31:39), 190-203. https://doi.org/10.1016/j.jdec.2024.01.003
Kudełko, J. (2022). Regional economic theories and the digital economy. The Digital Economy and the European Labour Market, Query date: 2024-12-08 11:31:39, 133-144. https://doi.org/10.4324/9781003254638-12
Małkowska, A. (2022). Behavioural economics and the digital economy. The Digital Economy and the European Labour Market, Query date: 2024-12-08 11:31:39, 89-104. https://doi.org/10.4324/9781003254638-9
Pertiwi, W. H. S., & Weganofa, R. (2015). STUDENTS' UNDERSTANDING OF QUALITATIVE RESEARCH METHODS: A REFLECTION ON RESEARCH ARTICLES. LiNGUA: Journal of Language and Literature, 10(1), 18-18. https://doi.org/10.18860/ling.v10i1.3029
Rumyk, I. (2023). DIGITAL ECONOMY: INNOVATION AND TECHNOLOGIES. Business Model Innovation in the Digital Economy, Query date: 2024-12-08 11:31:39, 99-120. https://doi.org/10.36690/bm-id-eu-99-120
Shi, Y., Gao, Y., Luo, Y., & Hu, J. (2022). Fusions of industrialisation and digitalisation (FID) in the digital economy: Industrial system digitalisation, digital technology industrialisation, and beyond. Journal of Digital Economy, 1(1), 73-88. https://doi.org/10.1016/j.jdec.2022.08.005
Suparlan, P. (2014). The Naturalistic Paradigm in Educational Research: Qualitative Approaches and Their Use. Anthropology Indonesia, 53. https://doi.org/10.7454/ai.v0i53.3323
Tretyakov, O. (2022). THEORETICAL AND METHODOLOGICAL FOUNDATIONS OF DIGITAL ECONOMY RESEARCH. DIGITAL ECONOMY AS A NEW DEVELOPMENT PARADIGM: OPPORTUNITIES, CHALLENGES AND PROSPECTS, Query date: 2024-12-08 11:31:39, 8-39. https://doi.org/10.26526/chapter_628a8161dd7dc7.75343202
Urbaniec, M. (2022). Interim management in the digital economy. The Digital Economy and the European Labour Market, Query date: 2024-12-08 11:31:39, 215-229. https://doi.org/10.4324/9781003254638-20
Xu, F., & Peng, G. (2024). Internet infrastructure, digital development and urban energy efficiency. Journal of Digital Economy, Query date: 2024-12-08 11:31:39. https://doi.org/10.1016/j.jdec.2024.11.001
Żmija, D. (2022). Innovation theory and the digital economy. The Digital Economy and the European Labour Market, Query date: 2024-12-08 11:31:39, 105-119. https://doi.org/10.4324/9781003254638-10
Żołnierski, A. (2023). Measuring the digital economy with "digital economy" tools. The European Digital Economy, Query date: 2024-12-08 11:31:39, 27-44. https://doi.org/10.4324/9781003450160-4
Żur, A. (2022). Agency theory and the digital economy. The Digital Economy and the European Labour Market, Query date: 2024-12-08 11:31:39, 120-132. https://doi.org/10.4324/9781003254638-11
Downloads
Published
Issue
Section
License
Copyright (c) 2024 INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE) © 2024 by Adisam Publihser is licensed under CC BY-SA 4.0
