Digital economy: advantages, limitations and development prospects

Authors

  • Maria Kosenkova Federal State Autonomous Educational Institution of Higher Education Peoples' Friendship University of Russia
  • Viktor Malyutin Federal State Autonomous Educational Institution of Higher Education Peoples' Friendship University of Russia

Keywords:

digital economy, advantages, limitations, prospects, information and communication technologies, efficiency, innovation, globalization, data security, digital inequality, jobs, digital transformation, challenges

Abstract

This scientific article explores the concept of the digital economy, considering its advantages, limitations and development prospects. The digital economy is a model of economic development based on the use of information and communication technologies to create, distribute and use digital goods and services. The article highlights the benefits of the digital economy, such as increased efficiency, innovation, globalization, cost reduction and improved access to information. However, the article also analyzes the limitations of the digital economy, including data security issues, the digital divide, and job losses. Finally, the prospects for the development of the digital economy are explored, including growth trends, opportunities for digital transformation, and challenges that may arise in the future.

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Published

2023-09-01

How to Cite

Digital economy: advantages, limitations and development prospects. (2023). "Journal "U". Economy. Management. Finance.", 3, 81-87. https://portal-u.ru/index.php/journal/article/view/861