Ovidius University Annals: Economic Sciences Series (Feb 2024)
The Social Impact of Digital Transformation at the European Level
Abstract
The profound societal effects resulting from the digital revolution in Europe have completely reshaped the fabric of everyday life. This revolution is characterized by the seamless integration of digital technology into all aspects of society, influencing the way people interact, businesses function, and governments operate. Notably, it has greatly improved connectivity and access to information, fostering both innovation and economic growth. The objective of this paper is to explore the complex connection between the Digital Society and Economy Index (DSEI) and the Social Progress Index (SPI), which together provide a holistic representation of societal progress. The main aim is to establish the correlation between these indices, shedding light on how digitalization impacts different dimensions of social advancement in European countries. Through this examination, the study aims to offer valuable insights into the implications of digital transformation on the well-being of society, economic stability, and overall social development throughout Europe.