Technology revolution 4.0 is a social-economic development solution for developing countries
Facing the inevitable development trend of the economy and the challenges posed by the requirements of building a digital economy, developing countries need to develop the country's socio-economic development. The technology revolution has pushed countries’ economies to grow in the direction o...
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Format: | Article |
Language: | Spanish |
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Universidad del Quindio
2023-04-01
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Series: | Revista de Investigaciones Universidad del Quindío |
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Online Access: | https://revistas.uniquindio.edu.co/ojs/index.php/riuq/article/view/1008 |
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author | Kien Thi Pham |
author_facet | Kien Thi Pham |
author_sort | Kien Thi Pham |
collection | DOAJ |
description |
Facing the inevitable development trend of the economy and the challenges posed by the requirements of building a digital economy, developing countries need to develop the country's socio-economic development. The technology revolution has pushed countries’ economies to grow in the direction of linking global economies. As a result, developing countries face many challenges in maintaining strong macroeconomics, controlling external debt and inflation, and investing effectively in infrastructure and technology capabilities that will contribute to productivity growth. The article uses analysis, comparison, and synthesis methods to clarify the role of the technological revolution on the economies of developed countries in controlling the macroeconomic environment and allocating resources. The article also describes the reality of the application of 4.0 technology in Vietnam to clarify other countries' transition from low-income to high-income status through technology application.
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first_indexed | 2024-04-09T15:24:28Z |
format | Article |
id | doaj.art-2ac7e55af25f470e8c54785b5065797c |
institution | Directory Open Access Journal |
issn | 1794-631X 2500-5782 |
language | Spanish |
last_indexed | 2024-04-09T15:24:28Z |
publishDate | 2023-04-01 |
publisher | Universidad del Quindio |
record_format | Article |
series | Revista de Investigaciones Universidad del Quindío |
spelling | doaj.art-2ac7e55af25f470e8c54785b5065797c2023-04-28T21:07:01ZspaUniversidad del QuindioRevista de Investigaciones Universidad del Quindío1794-631X2500-57822023-04-0135110.33975/riuq.vol35n1.1008Technology revolution 4.0 is a social-economic development solution for developing countriesKien Thi Pham0University of Economics Ho Chi Minh City Facing the inevitable development trend of the economy and the challenges posed by the requirements of building a digital economy, developing countries need to develop the country's socio-economic development. The technology revolution has pushed countries’ economies to grow in the direction of linking global economies. As a result, developing countries face many challenges in maintaining strong macroeconomics, controlling external debt and inflation, and investing effectively in infrastructure and technology capabilities that will contribute to productivity growth. The article uses analysis, comparison, and synthesis methods to clarify the role of the technological revolution on the economies of developed countries in controlling the macroeconomic environment and allocating resources. The article also describes the reality of the application of 4.0 technology in Vietnam to clarify other countries' transition from low-income to high-income status through technology application. https://revistas.uniquindio.edu.co/ojs/index.php/riuq/article/view/10084.0 technology revolutioneconomy - societydeveloping country |
spellingShingle | Kien Thi Pham Technology revolution 4.0 is a social-economic development solution for developing countries Revista de Investigaciones Universidad del Quindío 4.0 technology revolution economy - society developing country |
title | Technology revolution 4.0 is a social-economic development solution for developing countries |
title_full | Technology revolution 4.0 is a social-economic development solution for developing countries |
title_fullStr | Technology revolution 4.0 is a social-economic development solution for developing countries |
title_full_unstemmed | Technology revolution 4.0 is a social-economic development solution for developing countries |
title_short | Technology revolution 4.0 is a social-economic development solution for developing countries |
title_sort | technology revolution 4 0 is a social economic development solution for developing countries |
topic | 4.0 technology revolution economy - society developing country |
url | https://revistas.uniquindio.edu.co/ojs/index.php/riuq/article/view/1008 |
work_keys_str_mv | AT kienthipham technologyrevolution40isasocialeconomicdevelopmentsolutionfordevelopingcountries |