Journal of Economics and Development
Vol. 1 No. 2 (2024): Journal of Economics and Development (JEnD)

TRANSFORMING ECONOMIES: NAVIGATING GLOBAL CHALLENGES IN THE DIGITAL ERA

Muhamad Rahman Bayumi (Unknown)
Dur Brutu (Unknown)
Ria Agustina (Unknown)
Rizal Alfit Jaya (Unknown)



Article Info

Publish Date
29 Dec 2024

Abstract

The rapid digital transformation has significantly reshaped the global economy, introducing both opportunities and challenges. This study aims to analyze the impact of digital transformation on economic development, particularly in addressing contemporary global issues such as climate change, economic inequality, and post-pandemic recovery. Utilizing a qualitative approach, this research relies on secondary data analysis from scientific articles, global reports, and case studies of both developed and developing countries. The findings reveal that countries with high levels of technology adoption experience faster economic growth but face persistent digital divides. Digitalization is also identified as a catalyst for sustainable development, offering innovative solutions in sectors such as education, health, and e-commerce. However, addressing infrastructure gaps, digital literacy, and policy frameworks remains crucial. This study highlights the importance of inclusive and collaborative strategies to ensure that digital transformation supports resilience and sustainability in the global economy.

Copyrights © 2024






Journal Info

Abbrev

jead

Publisher

Subject

Humanities Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Social Sciences

Description

Journal of Economics and Development is a scientific publication to disseminate information on economics research results to lecturers, students, and related institutions, especially in Indonesia, leading to an increase in Indonesia Human Development Index. Aim and scope of journal is Economic, ...