Digital Economy: Preconditions, Threats and Prospects

Keywords: digital economy, infocommunications, noosphere society, information and communication technologies, information society, digital transformation, cybersecurity.


Digital economy is an economy based on digital computer technology.

The current stage of civilization is characterized by the formation of a new information society technological structure, the basic innovations of which are infocommunication technologies (ICT), network market architecture, the information resources domination. Infocommunication nature of new technological way of life and digital economy determines the development of adequate digital reality of scientific and methodological support of the management system in infocommunications and related industries, and in general the national digital economy.

Understanding the phenomenon of digital economy and information society is based on the analysis of human society and technological systems evolution. Although the impact of the digital economy on economic processes and relations is obvious, this issue is not yet sufficiently studied and needs detailed consideration.

Modern realities are such that the dynamic development of information technology, the widespread complexity of business processes, as well as the accumulation of significant amounts of data leads to the objective emergence of such a concept as the digital economy. The digital type of economy affects all industries without exception, from retail to education, energy, and so on. The onslaught of the new digital economy on the position of the old industrial economy testifies to a natural, natural-historical and objectively inevitable process. Accumulation and renewal of knowledge is accelerating, a single global socio-planetary memory is being formed and, expanding, deepening, various types of intellectual property are intensively developing.

However, the digitalization of economic and social activities has not only positive aspects. Information attacks on state and commercial structures of individual countries, theft of information, personal data are among the main problems in the transition to the information society. It is necessary to analyze in detail the world experience in cybersecurity of critical infrastructure.

At present, there is a significant potential for the use of modern digital technologies in the activities of modern companies. The phenomenon of the digital economy leads to the transformation of information resources into the main source of added value, the emergence on this basis of opportunities to ensure the intensive nature of economic development based on low-cost technologies, including information management technologies.

The countries of the post-Soviet space in the field of digital economy lagged behind the advanced countries. They have a paradoxical economic situation, namely: with an excess of outdated information flows, there is a hunger for information on the latest flows. To overcome the information gap, the governments of these countries are trying to close this gap through government regulation.


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How to Cite
Kozlov, V. V., & Tomashevska, T. V. (2021). Digital Economy: Preconditions, Threats and Prospects. Statistics of Ukraine, 93(2), 58-66.