Title: Special aspects of the economy digitalisation process of CIS countries: practical aspects

Authors: Irina I. Zedgenizova; Gulnara T. Pulatova; Tolkunbek A. Kadyrov; Elena A. Orkina; Elena A. Midler; Nikolay G. Karaulov; Georgy I. Peshcherov

Addresses: Department of Economics and Digital Business Technologies, Institute of Management, Economics and Law, Irkutsk National Research Technical University, 83 Lermontov Str., Irkutsk, 664074, Russia ' Department of Finance and Credit, Non-profit Educational Agency 'Educational, Research and Industrial Complex International University named after Kantoro Sharipovich Toktomamatov', 30 Jeni-Jok Str., Jalal-Аbad, 715613, Kyrgyz Republic ' Department of Economics and Economic Research, Non-profit Educational Agency 'Educational, Research and Industrial Complex International University named after Kantoro Sharipovich Toktomamatov', 30 Jeni-Jok Str., Jalal-Аbad, 715613, Kyrgyz Republic ' Department of Economic Theory, Rostov State University of Economics, Bol'shaya Sadovaya Ulitsa, 69, Rostov-on-Don, Rostov Oblast, 344002, Russia ' Department of Enterprise Economics and Entrepreneurship, Faculty of Economics, Saint Petersburg State University, 191123, St. Petersburg, St. Tchaikovsky, 62, Russia ' Department, Mining Engineering and Transport Institute, Nosov Magnitogorsk State Technical University, 38 Lenin Str., Magnitogorsk, 455000, Russia ' Research Institute of the Federal Penitentiary Service of Russia, 14 Zhitnaya Str., Moscow, GSP-1, 119991, Russia

Abstract: The purpose of the article is to study the digitalisation process of the CIS countries' economy, compare the approaches, successes and complexities arising in this way, including estimation of prospects and trends of the digital economy in these countries. The paper considers the concept 'digital economy', for what purpose is it implemented, how the economic advance is associated with economy digitalisation, what is the role of the state in this process. It is stated that each of the CIS countries chose its own way to implement high technologies, with Russia, Belarus and Kazakhstan being the most successful. However, digital transformation brings a number of challenges, including the need to bridge the digital divide, significant financial assistance, the issues of cyber security and modernisation of education. Therefore, state support is needed for the development of the legal framework and the strategy for implementing digitalisation, establishment of primary goals, and allocation of resources.

Keywords: digital economy; high technologies; digitalisation; digital transformation; digital divide; cyber security; fourth industrial revolution; country development; IT business; CIS countries.

DOI: 10.1504/IJBIR.2024.141618

International Journal of Business Innovation and Research, 2024 Vol.35 No.2, pp.173 - 196

Received: 17 Feb 2021
Accepted: 28 Aug 2021
Published online: 27 Sep 2024 *

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