INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Vol. 1 No. 4 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)

PARADIGM SHIFT: HOW THE DIGITAL ECONOMY IS REORGANISING THE WORLD'S ECONOMIC POWER

Pemy Christiaan (Universitas Ichsan Gorontalo)
Nofirman Nofirman (Universitas Prof. Dr. Hazairin, SH., Bengkulu)



Article Info

Publish Date
17 Feb 2026

Abstract

The digital economy has led to a fundamental paradigm shift in the power structure of the global economy. Digital technologies, such as artificial intelligence, big data, and the Internet of Things (IoT), play an important role in improving countries' productivity, innovation, and competitiveness. Countries that are able to adopt and implement these technologies effectively tend to experience faster economic growth. In addition, the digital economy is also expanding economic inclusion by enabling greater access to markets and financial services for individuals and small businesses, especially in developing countries. However, this transformation also brings challenges, including digital inequality and the need for adequate regulation. Policies that support education, digital infrastructure and data protection, as well as increased international cooperation, are essential to maximise the benefits of the digital economy in an equitable and sustainable manner.

Copyrights © 2024






Journal Info

Abbrev

IJEFE

Publisher

Subject

Economics, Econometrics & Finance

Description

INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE) is a scientific journal that publishes articles in the field of Business and finance that contain conceptual ideas in the fields of Economics, Accounting, Management, Business and finance. The scope is Human Resource Management, Marketing ...