Assessment of the digital transformation of European countries with small open economies

  • Galina G. Goloventchik Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus https://orcid.org/0000-0001-9074-1707
  • Anhelina B. Zhyrkevich Civitta BY Ltd, 25A Internacyjanalnaja Street, Minsk 220030, Belarus

Abstract

The article is based on the criteria proposed by professor E. L. Davydenko, in which European countries with small open economies are selected. A rating analysis of countries with small economies situation based on well-known international indices that characterise the level of digital economy development is carried out. A new formula is proposed for calculating country average position in the final rating of digital transformation level. The analysis of digital transformation level of countries with small economies using the cluster approach is carried out.

Author Biographies

Galina G. Goloventchik, Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

PhD (economics), docent; associate professor at the department of analytical economics and econometrics, faculty of economics, and associate professor at the department of international economic relations, faculty of international relations

Anhelina B. Zhyrkevich, Civitta BY Ltd, 25A Internacyjanalnaja Street, Minsk 220030, Belarus

business analyst

References

  1. Goloventchik, GG. Kovalev ММ. Tsifrovaya ekonomika [Digital economy]. Minsk: BSU Publishing centre; 2019. 395 p. Russian.
  2. Davydenko EL, Botenovskaya ES, Zhukovskaya OYu, Stolyarova EV, Rudenkov VM, Matyushevsky YaS, editors. Strany s maloi ekonomikoi v usloviyakh intellektualizatsii, digitalizatsii i ekologizatsii [Countries with small economies in the conditions of intellectualisation, digitalisation and ecologisation]. Minsk: Informatsionno-vychislitel’nyi tsentr Minfina; 2019. 350 p. Russian.
  3. Woodall M, Gibson M, editors. Measuring the information society report. Volume 1. Geneva: International Telecommunication Union; 2017. 156 p.
  4. Chakravorti B, Chaturvedi RSh. Digital planet 2017: How competitiveness and trust in digital economies vary across the world. The Fletcher School; 2017. 70 p. Co-published by the Tufts University.
  5. Dutta S, Lanvin B, editors. The network readiness index 2019: towards a future-ready society. Washington: Portulans Institute; 2019. 310 p.
  6. United Nations E-Government Survey 2018: Gearing e-government to support transformation towards sustainable and resilient societies. New York: United Nations; 2018. 30 p.
  7. Dutta S, Lanvin B, Wunsch-Vincent S, editors. Global innovation index 2019: creating healthy lives – the future of medical innovation. 12th edition. Geneva: Cornell University, INSEAD, WIPO; 2019. 451 p. Co-published by SC Johnson College of Business, World Intellectual Property Organisation.
Published
2021-01-04
Keywords: information and communication technologies, digital transformation, small economy countries, rating, national economy, innovative development
How to Cite
Goloventchik, G. G., & Zhyrkevich, A. B. (2021). Assessment of the digital transformation of European countries with small open economies. Journal of the Belarusian State University. Economics, 2, 27-37. Retrieved from https://journals.bsu.by/index.php/economy/article/view/3254