Publications /
Paper in Academic Journals

Back
Read more
How to Measure the Digital Economy in 5G Technologies and Digital Silk Road Era
Authors
Davit Gondauri
Nino Enukidze
Otaviano Canuto
Mikheil Batiashvili
January 31, 2023
Related topics: 
Economy
Sectorial policies and structural transformation

This publication was originally published in https://ijisrt.com/assets/upload/files/IJISRT23JAN789.pdf

 

The current transformation of the society under the influence of digital technologies has no historical analogue in terms of its spread and the pace of development. The future will heavily depend on digital technologies. The role of the digital economy and 5G technologies is increasing day by day and for Georgia, - as a developing country, it is important not to fall behind the world trends. Measuring the digital economy and calculating its mathematical algorithm (gross virtual product) is important for the modern world, since, based on the world development trends, the digital economy plays an imperative role directly in the development of the economy. A non-existent, highly unusual and universal economic governance is being established - a corporate "digital dictatorship", with its benefits and risks, which will radically change human thinking, mentality, consumer behavior and economic activity. A new paradigm of employment is developing - Gigeconomy. A new model of economic relations is established - platform economy and many others.

RELATED CONTENT

  • Download PDF
    Innovation in Africa: Nature and Evidence
    Authors
    Emmanuel Pinto Moreira
    January 31, 2022
    According to the Oslo Manual, innovation can be defined as “the implementation of a new or significantly improved product (good or service), or process, a new marketing method or a new organisational method in business practices, workplace organisations or external relations” (OECD, 2005, p. 46). For today’s middle-income countries in Africa, innovation is essential to sustain growth and promote the transition to high-income status. This paper begins by providing a summary of theore ...
  • Will emerging economies face a hard landing?
    Authors
    Otaviano Canuto
    January 26, 2022
    The year began with simultaneous signs of a slowdown in global economic growth and a reorientation toward tightening of monetary policies in advanced economies. In its latest Global Economic Prospects released on January 11, the World Bank forecasts that, after a global growth surprisingly at 5.5% last year, it should moderate to somewhere around 4.1% and 3.2%. % in, respectively, 2022 and 2023. In addition to the effects of omicron at the start of the year, less fiscal support and ...
  • Download PDF
    Covid-19 and the Dilemma of the Developing Countries
    Authors
    Hinh T. Dinh
    January 26, 2022
    COVID-19 has caused serious damage throughout the entire world. As of mid-2021, the global fiscal cost of COVID-19—excluding the most important consequences, such as human lives, mental health effects, restrictions of human freedom, and other non-pecuniary components, have amounted to at least $16.5 trillion, about 18% of world GDP (Dinh 2021). Financial support has varied across countries depending on income level, political willingness, and the extent of the pandemic in each econo ...
  • Green Finance Taxonomies: Measuring which Economic Activities Deserve to be Called Green
    Authors
    Morten Seja
    Hadley Hilgenhurst
    Charlie Knight
    January 25, 2022
    Why Green Finance Taxonomies? The increasing effort to mitigate climate change has caused more and more individuals, governments, and companies to shift away from traditional financial investments and activities, and towards more environmentally-friendly alternatives. However, until recently, there has been a lack of consensus on what green finance and its environmental impact is. Thus, green finance taxonomies are needed to provide classification systems that identify how environm ...
  • Is the EU's Carbon Border Adjustment Mechanism a Threat for Developing Countries?
    Authors
    Rim Berahab
    January 13, 2022
    “This opinion was prepared within the framework of the Jean Monnet Atlantic Network 2.0. The European Commission's support for the production of this publication does not constitute an endorsement of the contents, which reflect the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.”   As part of the lengthy fight against climate change, the European Union (EU) has introduced a Border Carbon A ...
  • Regional differences in the economic impact of lockdown measures to prevent the spread of COVID-19: A case study for Colombia
    Authors
    Eduardo Amaral Haddad
    Gerson Javier Pérez Valbuena
    Diana Ricciulli
    Jaime Bonet
    Inácio Araújo
    Fernando Perobelli
    December 28, 2021
    This paper analyses the regional economic differences in the impact of lockdown measures to prevent the spread of COVID-19 ordered by Colombia’s national gov­ernment. Using an input-output model, we estimate regional economic losses by extracting a group of formal and informal workers from different sectors of the economy. Results show regional differences in the impact of lockdown measures on their labour markets, local economies, and productive sectors. We also find that periphera ...
  • Weathering the Changing Needs to Regulate Financial Inclusion
    Authors
    Morten Seja
    December 20, 2021
    A Case for Regulators to Green Financial Inclusion Financial Inclusion is an Excellent Tool for Combating Poverty It is well known that supporting financial inclusion is a relevant tool in lifting people out of poverty. There is plenty of empirical evidence showing that financial inclusion significantly reduces poverty and income inequality in developing countries. Concerted efforts to support financial inclusion globally have existed since the United Nations Capital Development ...
  • Download PDF
    Decarbonization and “Greenflation”
    Authors
    Otaviano Canuto
    December 10, 2021
     Accelerating the transition toward low or net-zero carbon emissions is necessary to keep global warming at theoretically safe levels. That will likely bring price shocks associated with rising metal prices, energy costs, and carbon taxes – what has been called “greenflation”. Greening the economy will also require public spending and redistributive policies. ...
  • Download PDF
    USA/Europe: Seven Digital Challenges
    Authors
    Laurence Nardon
    Siméon Rust
    December 6, 2021
    Thanks to the positive momentum in transatlantic relations brought about by the arrival of the Biden administration, significant progress is expected on a range of key digital issues. New rules are emerging that are designed to level the playing field for economic actors and ensure the respect of civil liberties, while significant new investments in technological innovation are taking place amid considerable industrial reorganizations. This paper proposes to shed light on seven part ...