THE IMPACT OF DIGITAL ECONOMY ON ECONOMIC GROWTH IN DEVELOPING COUNTRIES
Keywords:
Digital economy, economic growth, developing countries, digital transformation, innovation, e-commerce, financial technology, internet accessibility, sustainable development, productivity.Abstract
This article examines the impact of the digital economy on economic
growth in developing countries. The study analyzes the role of digital technologies,
internet accessibility, electronic commerce, and financial innovations in increasing
productivity and improving economic performance. The research highlights that the
rapid development of digital infrastructure contributes to job creation, investment
growth, and business modernization. In addition, the paper discusses the challenges
faced by developing countries, including digital inequality, cybersecurity risks, and
insufficient technological infrastructure. The findings demonstrate that effective
digital transformation policies can accelerate sustainable economic growth and
enhance global competitiveness in developing economies.
References
1. World Bank. World Development Report: Digital Dividends. Washington, DC.
2. International Monetary Fund (IMF). Digital Economy and Macroeconomic
Stability. Washington, DC.
3. United Nations Conference on Trade and Development (UNCTAD). Digital
Economy Report.