The Economic Implications of Increasing Global Connectivity and the Digital Economy

Sabokhat Alimova

2023

Abstract

The economic implications of increasing global connectivity and the rise of the digital economy are multifaceted and far-reaching. This article explores the transformative impact of these trends on industries, trade, employment, and economic development. The digital economy has reshaped traditional business models, offering new opportunities for businesses to reach global markets and fostering innovation and entrepreneurship. However, it has also raised important policy questions related to regulation, taxation, and consumer protection. Global connectivity has facilitated the expansion of digital trade and global supply chains, creating both opportunities and challenges for businesses and policymakers. Additionally, the impact on employment and workforce dynamics underscores the need for investments in education and skills development to ensure inclusive participation in the digital economy. As the digital economy continues to evolve, proactive policy responses and a focus on inclusive growth are essential for harnessing its potential while addressing its challenges.

Paper Citation

in Harvard Style

Alimova S. (2023). The Economic Implications of Increasing Global Connectivity and the Digital Economy. In Proceedings of the 2nd Pamir Transboundary Conference for Sustainable Societies - Volume 1: PAMIR-2; ISBN 978-989-758-723-8, SciTePress, pages 740-743. DOI: 10.5220/0012915000003882

in Bibtex Style

@conference{pamir-223,
author={Sabokhat Alimova},
title={The Economic Implications of Increasing Global Connectivity and the Digital Economy},
booktitle={Proceedings of the 2nd Pamir Transboundary Conference for Sustainable Societies - Volume 1: PAMIR-2},
year={2023},
pages={740-743},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0012915000003882},
isbn={978-989-758-723-8},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd Pamir Transboundary Conference for Sustainable Societies - Volume 1: PAMIR-2
TI - The Economic Implications of Increasing Global Connectivity and the Digital Economy
SN - 978-989-758-723-8
AU - Alimova S.
PY - 2023
SP - 740
EP - 743
DO - 10.5220/0012915000003882
PB - SciTePress