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Digital Economy Development of Russia: The Current Status and Prospects
[Текущее Состояние И Перспективы Развития Цифровой Экономики В России]

Author

Listed:
  • Yuriy M. Evstifeev

    (Russian Presidential Academy of National Economy and Public Administration)

Abstract

The digital economy is actively developing both in Russia and in the world. In recent years, this phenomenon has faced both accelerating and slowing trends in our country. The article examines the role of the digital economy and shows its rapid growth, but at the same time a limited impact on the social and economic development of Russia, as well the minor role of our country on a global field of the digital economy, based on a comparison of development indicators with other counties. As a result, author proposed 3 potential ways for digital economy development in the future: digital autarky, a «turn to the East» and a focus on «day after tomorrow» technologies. The key success factors in any choice will be the correct vision of the digital transformation results, the government political will and the science and business willingness to be involved in development and implementation processes of the breakthrough solutions.

Suggested Citation

  • Yuriy M. Evstifeev, 2023. "Digital Economy Development of Russia: The Current Status and Prospects [Текущее Состояние И Перспективы Развития Цифровой Экономики В России]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 10, pages 53-63, October.
    • Handle: RePEc:gai:recdev:r2384
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    More about this item

    Keywords

    digital economy; information and communication technologies; gross domestic product; social and economic development; robotization;
    All these keywords.

    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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