Digitalization Strategy in the BRICS Countries: Towards the Partnership
2022
The scale of the global digital economy is huge, and in the future the process of economic integration will be dominated by knowledge-intensive technologies and IT industries. The world's largest international organisations and economic powers are actively responding to the trend of the digital economy by constantly suggesting and updating their policies and directions for the development of the digital economy. BRICS is a representative group of the largest emerging economies in the world?Brazil, Russia, India, China and South Africa. These countries are actively developing the transition to a digital economy and improving national information and communication technology infrastructure. This study focuses on the strategy and policies for developing the digital economy in the BRICS countries. The aim of the study is to develop a set of strategies for international cooperation on the digital economy within the BRICS framework. The results of the study show the common features and differences in the digitalisation process of the BRICS countries, allowing for the development of comprehensive measures to support BRICS activities in this area. The practice-oriented recommendations consider such options as improvement of domestic development, maintenance of equitable multilateral dialogue, promotion of research on the BRICS digital economy and addressing non-traditional security issues in the development of the digital economy in the post-pandemic period.
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