Digitalization of the economy as a factor of influence on the economic security of the country

Authors

DOI:

https://doi.org/10.34132/pard2023.22.11

Keywords:

government regulation, public administration, economic security, national security, digital economy, public administration bodies, innovations

Abstract

The article is devoted to the study of the conceptual foundations of digitalization of the economy and the determination of the features of the impact of digitalization processes on economic security. Based on the analysis, it was established that the positive results of the development of the digital economy, according to the results of modern research, include: an increase in labor productivity; increasing the level of business competitiveness; reducing the level of production costs; increasing the number of jobs; partial solution to the problem of social inequality. At the same time, studies indicate negative aspects of digitalization, including: the risk of hacker attacks, which is related to the issue of protecting corporate and personal data; the so-called «digital slavery», that is, the advantage of using corporate and personal data for the purpose of manipulating the behavior of individuals; increase in the level of unemployment due to the risk of decreasing the relevance of some professions and sectors of the economy; «digital divide» – inequality in access to the digital environment in different countries or within the same country.

It has been proven that the processes of information technology implementation affect all spheres of society and various aspects of activity, including professional and personal life. Large-scale programs for the development of the digital economy and the rapid spread of information and communication technologies in all spheres of social life determine the need to develop a methodology for determining the socio-economic consequences and evaluating the level of effectiveness of the implementation process. This requires the formation of a new paradigm for the development of the digital economy and the provision of economic security in this area. The issue of using cloud technologies in the economic sphere also deserves attention. Since cloud technologies provide the possibility of duplication of information, simplification of remote work and security of important information, currently the question of popularizing the use of these technologies in both the public and private sectors has arisen. This can positively affect the level of economic security and national security in general. Also, the conducted scientific research allows us to talk about the importance of regulating issues of artificial intelligence development and introducing them in the field of economic security to preserve economic stability and general national security.

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Published

2023-10-23

How to Cite

Ravlyuk, V. (2023). Digitalization of the economy as a factor of influence on the economic security of the country. Public Administration and Regional Development, (22), 1131–1151. https://doi.org/10.34132/pard2023.22.11