Digital Economy in the Projection of the Economic Development Model: Realities of the Republic of Azerbaijan
At present, not only the formation of the VI technological order is occurring, but also the transition to a network model for the development of the world economy, a specific feature of which is virtualization. This is the objective reality of our time, to which all countries are forced to adapt, ta...
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North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration
2019
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oai:doaj.org-article:f3f1999623f4417fb00f435633ce91b22021-11-12T10:46:11ZDigital Economy in the Projection of the Economic Development Model: Realities of the Republic of Azerbaijan1726-11391816-859010.22394/1726-1139-2019-12-90-103https://doaj.org/article/f3f1999623f4417fb00f435633ce91b22019-12-01T00:00:00Zhttps://www.acjournal.ru/jour/article/view/1253https://doaj.org/toc/1726-1139https://doaj.org/toc/1816-8590At present, not only the formation of the VI technological order is occurring, but also the transition to a network model for the development of the world economy, a specific feature of which is virtualization. This is the objective reality of our time, to which all countries are forced to adapt, taking it for granted, coexisting in a single digital space. The article explores the economic model and identifies patterns of economic development in Azerbaijan in the postSoviet period. The experience of digitalization of the economy is studied on the basis of public administration, the key factors for the development of the Azerbaijani economy are formulated, the perspective direction of using digital technologies within the framework of the existing economic development model is substantiated. A hypothesis is the assumption that it is necessary to use blockchain technology to increase the efficiency of the oil and gas sector, which forms a significant part of the state budget revenues, more than 50% of which are transfers from the State Oil Fund of the Republic of Azerbaijan.E. A. KuklinaE. A. BabayevNorth-West institute of management of the Russian Presidential Academy of National Economy and Public Administration articleeconomic modeldigital economye-governmentoil and gas sectorbig datablockchaindigital spaceforecast analyticsPolitical institutions and public administration (General)JF20-2112ENRUУправленческое консультирование, Vol 0, Iss 12, Pp 90-103 (2019) |
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DOAJ |
collection |
DOAJ |
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EN RU |
topic |
economic model digital economy e-government oil and gas sector big data blockchain digital space forecast analytics Political institutions and public administration (General) JF20-2112 |
spellingShingle |
economic model digital economy e-government oil and gas sector big data blockchain digital space forecast analytics Political institutions and public administration (General) JF20-2112 E. A. Kuklina E. A. Babayev Digital Economy in the Projection of the Economic Development Model: Realities of the Republic of Azerbaijan |
description |
At present, not only the formation of the VI technological order is occurring, but also the transition to a network model for the development of the world economy, a specific feature of which is virtualization. This is the objective reality of our time, to which all countries are forced to adapt, taking it for granted, coexisting in a single digital space. The article explores the economic model and identifies patterns of economic development in Azerbaijan in the postSoviet period. The experience of digitalization of the economy is studied on the basis of public administration, the key factors for the development of the Azerbaijani economy are formulated, the perspective direction of using digital technologies within the framework of the existing economic development model is substantiated. A hypothesis is the assumption that it is necessary to use blockchain technology to increase the efficiency of the oil and gas sector, which forms a significant part of the state budget revenues, more than 50% of which are transfers from the State Oil Fund of the Republic of Azerbaijan. |
format |
article |
author |
E. A. Kuklina E. A. Babayev |
author_facet |
E. A. Kuklina E. A. Babayev |
author_sort |
E. A. Kuklina |
title |
Digital Economy in the Projection of the Economic Development Model: Realities of the Republic of Azerbaijan |
title_short |
Digital Economy in the Projection of the Economic Development Model: Realities of the Republic of Azerbaijan |
title_full |
Digital Economy in the Projection of the Economic Development Model: Realities of the Republic of Azerbaijan |
title_fullStr |
Digital Economy in the Projection of the Economic Development Model: Realities of the Republic of Azerbaijan |
title_full_unstemmed |
Digital Economy in the Projection of the Economic Development Model: Realities of the Republic of Azerbaijan |
title_sort |
digital economy in the projection of the economic development model: realities of the republic of azerbaijan |
publisher |
North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration |
publishDate |
2019 |
url |
https://doaj.org/article/f3f1999623f4417fb00f435633ce91b2 |
work_keys_str_mv |
AT eakuklina digitaleconomyintheprojectionoftheeconomicdevelopmentmodelrealitiesoftherepublicofazerbaijan AT eababayev digitaleconomyintheprojectionoftheeconomicdevelopmentmodelrealitiesoftherepublicofazerbaijan |
_version_ |
1718430755001991168 |