Evaluation of the Future Development of the Digital Economy in Russia

Abstract:

One of the world trends in economic development is the digital economy. The basis of the digital economy is new innovative forms of information and communication technologies. Moreover, today the digital economy is one of the drivers of economic growth; the pace of its development is several times higher than the pace of the traditional economy. The digital economy is the most promising direction under modern conditions when the world economy is influenced by the global financial and economic crisis and the recession that has followed it. The main advantages of the digital economy are the ability to significantly reduce costs of doing business, optimizing expenses, obtaining high financial results. Therefore, it is no coincidence that in many countries the development of the digital economy and its components is a priority. Huge amounts of money are being allocated to the digital transformation of the economy by both private business and state structures. In Russia, the implementation of the digital economy is also the priority nowadays; a state program was adopted aimed at the digital transformation of the Russian economy in 2017. The paper examines the perspectives for the digital economy development in the Russian Federation, studies the current situation of the digital economy in Russia, analyzes the conditions for the realization of the digital economy, assesses the investment climate in the Russian environment for the digital transformation of the economy, estimates the basic component of the industry 4.0 concept - robotics in modern Russian conditions and prospects for its development.

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