Digital Economic Policy in Georgia

Gulnaz Erkomaishvili ()
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Gulnaz Erkomaishvili: Ivane Javakhishvili Tbilisi State University

A chapter in Digital Management and Artificial Intelligence, 2025, pp 222-230 from Springer

Abstract: Abstract The article discusses the biggest technological changes in the modern world. The growth rate of e-commerce, computerized management of organizational processes and digital infrastructure is amazingly high and it is the main tool of economic development. According to a 2017 study by the largest Spanish banking and financial group BBVA, Georgia ranked 62nd out of 100 countries according to the Digital Index with 0.40 points and was among the middle-level countries. Georgia does not appear in the World Digital Competitiveness Ranking 2023 (World Digital Competitiveness Ranking 2023 - IMD Business School of Management and Leadership Courses). Today, the main strategic development of Georgia’s economy must be the accelerated integration of the country into global technological trends. Digital technology should be introduced in all possible sectors, otherwise economic growth will be impossible. Digital entrepreneurial culture should be elevated and it becomes a strategic direction of state policy. For the development of digital economy in Georgia it is necessary: to formulate and implement digital economic policy; Digital economic policy will be formed in the direction of infrastructure and technology. The development of technology and development is particularly low; The State will create digital environmental and regulatory legislative frameworks in collaboration with business and scientific sectors to promote the emergence of internet companies and stimulate internet market; Knowledge of digital technologies in higher education institutions; It is important to focus on cognitive, social-emotional and problem-solving skills, which are much more difficult to learn. Ensure tax privileges in the creation of the latest technologies; Involve into a unified digital market that will facilitate free movement of goods, services and capital, will create new startups and laboratories. All this will contribute to the country’s economic growth.

Keywords: digital economy; digital technologies; innovative tool; digital index; digital economic policy (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-88052-0_17

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DOI: 10.1007/978-3-031-88052-0_17

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