Published July 27, 2022 | Version v1
Journal article Open

DIGITAL ECONOMY IS ECONOMY OF FUTURE

Description

The rapid expansion of digitization affects all aspects of life,
including the way people interact, work, shop and receive services, and create and
exchange value. This has revealed the increasing importance of information and data
flows in the global economy, including across borders. Data has become a key economic
resource from which value can be created and captured, and it can influence development
prospects in a number of ways. This article is about the introduction and development
stages of the digital economy.

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