Digital Transformation of the South Asia Region: Challenges and Prospects
The digital economy is on the agenda all over the world today, it represents a new paradigm for the development of cooperation between countries and can become a driver of their economic growth. The implementation of the key digitalization agenda is one of the main priorities for the development of...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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EDP Sciences
2023-01-01
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| Series: | E3S Web of Conferences |
| Subjects: | |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/40/e3sconf_escp2023_06016.pdf |
| _version_ | 1797756206440251392 |
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| author | Gusarova Svetlana A. Gusarov Igor V. Smeretchinskii Margarita S. |
| author_facet | Gusarova Svetlana A. Gusarov Igor V. Smeretchinskii Margarita S. |
| author_sort | Gusarova Svetlana A. |
| collection | DOAJ |
| description | The digital economy is on the agenda all over the world today, it represents a new paradigm for the development of cooperation between countries and can become a driver of their economic growth. The implementation of the key digitalization agenda is one of the main priorities for the development of the economies of South Asia. The purpose of the study was to determine the impact of the digital economy, and the introduction of R&D on the development of the economies of South Asian countries. Exploring the development of the transformation of the digital economy in the countries of South Asia, we came to the conclusion that this process can be significantly facilitated by the introduction of blockchain technology and cryptocurrencies. The use of a mathematical correlation and regression model led to the conclusion that the growth of R&D funding in South Asian countries has a positive effect on the development of their economies. |
| first_indexed | 2024-03-12T17:58:08Z |
| format | Article |
| id | doaj.art-1355975c1bc448078757403e1605eb37 |
| institution | Directory Open Access Journal |
| issn | 2267-1242 |
| language | English |
| last_indexed | 2024-03-12T17:58:08Z |
| publishDate | 2023-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj.art-1355975c1bc448078757403e1605eb372023-08-02T13:16:27ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014030601610.1051/e3sconf/202340306016e3sconf_escp2023_06016Digital Transformation of the South Asia Region: Challenges and ProspectsGusarova Svetlana A.0Gusarov Igor V.1Smeretchinskii Margarita S.2Plekhanov Russian University of EconomicsPlekhanov Russian University of EconomicsYork University, Schulich School of BusinessThe digital economy is on the agenda all over the world today, it represents a new paradigm for the development of cooperation between countries and can become a driver of their economic growth. The implementation of the key digitalization agenda is one of the main priorities for the development of the economies of South Asia. The purpose of the study was to determine the impact of the digital economy, and the introduction of R&D on the development of the economies of South Asian countries. Exploring the development of the transformation of the digital economy in the countries of South Asia, we came to the conclusion that this process can be significantly facilitated by the introduction of blockchain technology and cryptocurrencies. The use of a mathematical correlation and regression model led to the conclusion that the growth of R&D funding in South Asian countries has a positive effect on the development of their economies.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/40/e3sconf_escp2023_06016.pdfdigital transformationblockchain technologye-commercesouth asia countries |
| spellingShingle | Gusarova Svetlana A. Gusarov Igor V. Smeretchinskii Margarita S. Digital Transformation of the South Asia Region: Challenges and Prospects E3S Web of Conferences digital transformation blockchain technology e-commerce south asia countries |
| title | Digital Transformation of the South Asia Region: Challenges and Prospects |
| title_full | Digital Transformation of the South Asia Region: Challenges and Prospects |
| title_fullStr | Digital Transformation of the South Asia Region: Challenges and Prospects |
| title_full_unstemmed | Digital Transformation of the South Asia Region: Challenges and Prospects |
| title_short | Digital Transformation of the South Asia Region: Challenges and Prospects |
| title_sort | digital transformation of the south asia region challenges and prospects |
| topic | digital transformation blockchain technology e-commerce south asia countries |
| url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/40/e3sconf_escp2023_06016.pdf |
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