COVID-19 CRISIS AS AN ACCELERATOR OF DIGITAL TRANSFORMATION AND DIGITAL ECONOMY

Tosheva, Elizabeta (2020) COVID-19 CRISIS AS AN ACCELERATOR OF DIGITAL TRANSFORMATION AND DIGITAL ECONOMY. Faculty of Law, pp. 179-187.

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Abstract

The unprecedented global health crisis has transformed the macro landscape of economic activities worldwide. "Going digital" has become one of the remedies for economies and a "survival strategy" for businesses since the outbreak, as offline activities were almost shut down. The crisis has forced countries to react quickly and find new solutions: companies should rethink and accelerate their digitization strategy to increase resilience and optimize business processes and at the same time put measures in place that establish sustainability for the future challenges to come.
The purpose of this paper is to point out that immediate action is needed especially to leverage digital to respond to challenges presented by COVID-19, from governments and regulators around the world, supported by the private sector and the digital development community.

Key words: digital economy, digital transformation, Covid-19 crisis, global economy

Item Type: Book
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Law
Depositing User: Prof. d-r. Elizabeta Tosheva
Date Deposited: 08 Oct 2022 08:18
Last Modified: 08 Oct 2022 08:18
URI: https://eprints.uklo.edu.mk/id/eprint/7044

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