Development of Smart Cities: Country Analysis

Tsymbal Liudmyla () and Uninets Iryna ()
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Tsymbal Liudmyla: Dr., of science in economics, Kyiv National Economic University named after Vadym Hetman, Kyiv, Ukraine
Uninets Iryna: PhD, Doctoral student, Kyiv National Economic University named after Vadym Hetman, Kyiv, Ukraine

Management Theory and Studies for Rural Business and Infrastructure Development, 2022, vol. 44, issue 4, 482-488

Abstract: The article explores the possibilities of developing smart cities in countries with different levels of socio-economic development. This is done on the basis of the clustering of the countries of the Organization for Economic Cooperation and Development and its key partners, where all countries are divided into 4 key clusters that unite countries with similar characteristics and rates of development. It was determined that the largest number of smart cities is developing in countries with the highest level of socio-economic development, but the countries of the fourth cluster, which includes Asian countries with high growth rates of GDP and basic macroeconomic indicators, demonstrate the highest growth rates. In accordance with this, the leading countries in terms of the growth rate of smart cities have been determined, including the USA and China. China’s strategy for the development of a digital society is analyzed, the key mechanisms and tools of digitization and technologization of economic development and urban planning are determined.

Keywords: smart city; intellectualization; digitalization; clusterization; digitalization (search for similar items in EconPapers)
JEL-codes: O14 O18 O35 O57 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:mtrbid:v:44:y:2022:i:4:p:482-488:n:2

DOI: 10.15544/mts.2022.47

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