Digitalization of the Russian Economy: Between East and West

Abstract

In this paper, the authors consider models for building digital economy systems in foreign countries. The relevance of research is primarily due to the need to develop a clear and coherent understanding of the optimal scheme of digital construction in the economy of the Russian Federation, which at the initial stage is impossible without analyzing the experience already existing in the world. It is necessary to identify both stimulating and inhibiting factors that influence the effectiveness of the digital transformation of foreign economic systems. The purpose of the study is to identify the strengths and weaknesses of the most successful global models of building a digital economy, followed by the development of an understanding of their applicability in Russia. Thus, in this paper, the authors offered their answer to the question: “Can the Russian Federation successfully apply the already proven strategy of digital transformation of the economy or is it necessary to develop unique own solutions?” To do this, the authors examined statistical data characterizing the economy of advanced states from the point of view of digital transformation, regulatory documents regulating state policy in this area, as well as the positions of researchers working in this direction. The use of the statistical analysis method made it possible to compare the factors of influence and the results of digital construction. Within the framework of a formal and logical approach based on the study of the provisions of strategic planning documents of foreign countries, the authors formulated some possible scenarios for the further development of the digital transformation of the economies of Europe, the United States and China. As a result of the conducted research, the authors concluded about the possibility of using certain digital construction tools used abroad, in Russia, and also assess the degree of effectiveness of the introduction of foreign models of digital transformation into the practice of the domestic economy.

Keywords

• digitalization
• digital transformation
• digital economy
• china
• europe
• usa
• digitalization strategy