Sustainable Development of Modern Digital Economy: Perspectives from Russian Experiences

This book explores how to adapt the digital economy to human priorities, including global development goals, by developing scientific and methodological criteria for assessing sustainability and making recommendations for improvement.

Format: Paperback / softback
Length: 368 pages
Publication date: 02 July 2022
Publisher: Springer Nature Switzerland AG

The digital economy represents a transformative shift in the trajectory of the contemporary global economic system, ushering in a new era of opportunities and challenges. In this comprehensive book, the authors aim to align the principles of the digital economy with the fundamental aspirations of humanity, encompassing the implementation of global development goals. Through rigorous scientific and methodological analysis, the authors establish robust criteria for evaluating the sustainability of the modern digital economy. Furthermore, they present a series of practical recommendations to enhance the concept of the digital economy, ensuring its alignment with the broader objectives of societal progress and well-being.

The digital economy emerges as a response to the ever-evolving demands of a globalized world, where technological advancements and interconnectedness have reshaped the economic landscape. It encompasses a wide range of sectors, including finance, commerce, healthcare, education, and entertainment, leveraging digital technologies to enhance efficiency, productivity, and innovation.

One of the key challenges facing the digital economy is its sustainability. As the economy becomes increasingly reliant on digital platforms and technologies, concerns arise about the environmental impact, social inequality, and economic volatility associated with these developments. The authors of this book recognize the importance of addressing these concerns and propose a comprehensive framework for assessing the sustainability of the digital economy.

The framework encompasses three key dimensions: economic, environmental, and social. Economic sustainability focuses on the economic benefits and growth potential of the digital economy, while environmental sustainability considers the impact on the planet's resources and ecosystems. Social sustainability emphasizes the role of the digital economy in promoting social inclusion, equity, and well-being.

To evaluate the sustainability of the digital economy, the authors employ a multi-dimensional approach, drawing on various scientific disciplines and methodologies. They analyze the economic impact of digital technologies, including job creation, income distribution, and economic growth. They also consider the environmental implications of digitalization, such as energy consumption, waste generation, and carbon footprint. Additionally, they examine the social effects of the digital economy, including the impact on labor markets, social cohesion, and access to information and services.

Based on their analysis, the authors offer a range of recommendations for improving the sustainability of the digital economy. These recommendations include promoting digital literacy and skills training, investing in renewable energy infrastructure, implementing regulations to protect consumer data and privacy, and fostering inclusive economic growth.

Furthermore, the book emphasizes the importance of international cooperation and collaboration in addressing the challenges and opportunities of the digital economy. It calls for governments, businesses, and civil society
society to work together to create a sustainable and inclusive digital future, where the benefits of technological advancements are shared equitably and the negative impacts are minimized.

In conclusion, the digital economy represents a significant shift in the global economic landscape, offering immense opportunities for innovation, growth, and social progress. However, its sustainability is a critical concern that requires a comprehensive and multi-dimensional approach. This book provides valuable insights and recommendations for improving the sustainability of the digital economy, ensuring that it serves the needs of present and future generations. By aligning the principles of the digital economy with the priorities of humanity, we can create a more prosperous, sustainable, and inclusive world.

Weight: 587g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030701963
Edition number: 1st ed. 2021