MECHANISMS OF CONTROL AND REGULATION OF THE DIGITAL ECONOMICS OF THE REPUBLIC OF BELARUS: A SYSTEM APPROACH

UDC 338.242

  • Kryshtanosau Vitaly Bronislavovitch − PhD (Economics), post-doctoral student. Belarusian State Technological University (13a, Sverdlova str., 220006, Minsk, Republic of Belarus). E-mail: Krishtanosov@mail.ru

DOI: https://doi.org/10.52065/2520-6877-2022-262-2-17-32

Key words: digital transformation, government regulation, risk and threat assessment methodology, cybersecurity, “new economy 2.0”.

For citation: Kryshtanosau V. B. Mechanisms of control and regulation of the digital economics of the Republic of Belarus: a system approach. Proceedings of BSTU, issue 5, Economics and Management, 2022, no. 2 (262), pр. 17–32 (In Russian). DOI: https://doi.org/10.52065/2520-6877-2022-262-2-17-32.

Abstract

There have been the institutional framework for conducting a systemic digital transformation in the Republic of Belarus, its implementation at the level of working groups and enterprises, the organizational structure for the participation of representative government bodies in submitting a digital transformation program, as well as a model for implementing digital transformation at the country level developed. It was proposed a methodology for assessing the economic efficiency of digital asset management tools, restrictions in cyber risk management, the cost of risk reduction, and the return on investment in cybersecurity. It has been identified a set of measures aimed at forming a regulatory ecosystem at the levels of developing a general digitalization strategy (including ensuring legal regulation in a free area of development), protecting cyberspace (including ensuring integrated operational consumption for cyberattacks, cyber safe critical value of income), the financial market, and individual digital innovations and concepts (mainly public-private), including the development of 5G, a set of digital systems and services integrated with national identification data, the use of AI, increasing the digital skills of the population. There have been the role of such elements of complex digitalization as the concept of E-Government, CBDC, Crowdfunding, cryptocurrencies highlighted, and proposals for the implementation of IT solutions at the level of the Union of States (EAEU) developed through the accumulation of financial, technological resources and competencies of member countries.

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