Digital currencies and digital transformation strategy

Gaidar Forum, Journal articles

Recommended link to article:
Emelin I.A., Digital currencies and digital transformation strategy // Public Administration,
2021, №1 (129)
, с. 13-18.

ILYA ANATOLYEVICH EMELINа

аRussian Presidential Academy of National Economy and Public Administration

DOI: 10.22394/2070-8378-2021-23-1-13-18

Abstract:
The paper examines the events of the Gaidar Forum – 2021 dedicated to the features of digital transformation. By analyzing the speakers’ presentations, the author notes the need to minimize the negative consequences of the coronavirus pandemic for the world economy, to unleash the creative potential and sustainable development of countries. At the same time, the question of creating an image of the future, a semantic paradigm, a strategy for the development of an integral system remains relevant. This requires strengthening business partnerships, well-coordinated interaction of government agencies (departmental and interdepartmental), and improvement of the digital economy during its transformation. The digitalization of economy enhances economic growth, creates opportunities for structural transformations, and necessary conditions for the “post-covid” development of the healthcare system. Digitalization should bring about a proactive, standardized online public service delivery. Digital transformation brings many significant structural changes affecting many areas of our lives. Since digitalization is a long-term and complicated process, particular attention should be paid to maintaining the stability of the labor market, the efficiency of the education system, and the security of big data. Digital transformation should improve the quality of public services, the overall number of digital service users, and the growth of citizens’ well-being.

Keywords:
Gaidar Forum, digital transformation of economy, digital currencies, digital economy, cryptocurrencies

Received:
February 19, 2021

References:
Grishchenko V., Morozov A., Petreneva E., Sinyakov A. What will Change for Banks and their Clients with the Introduction of the Digital Ruble. Analytical note. Moscow, 2021. https://cbr.ru/ Content/Document/File/118208/analytic_note_20210126_dip. pdf. In Russian
Kiselev A. Does the Digital Currency of Central Banks Have a Future? Analytical note. Moscow, 2019. https://cbr.ru/content/document/file/71328/analytic_note_190418_dip.pdf. In Russian
Competition in the Financial Market. Analytical report. Moscow, 2018. https://cbr.ru/StaticHtml/File/41186/20180607_report. pdf. In Russian
Pavlyushina V., Muzychenko E., Kheifets E. Sweden: Social Transformation Amid Slowing Economic Growth. Byulleten’ o tekushchikh tendentsiyakh mirovoi ekonomiki. 2019. Issue 50. https://ac.gov. ru/archive/files/publication/a/26030.pdf. In Russian
Savelyev A.I. Problems of Applying Legislation on Personal Data in the Age of Big Data. Pravo. Zhurnal Vysshey shkoly ekonomiki. 2015. No. 1. P. 43–66. In Russian

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