Analytical Center Preparing Proposals for Draft Digital Economy Program

20 january 2017

The Analytical Center hosted a Roundtable "Methodological approach to “Russia’s Digital Economy” program development. According to Deputy Head of the Analytical Center Vasily Pushkin, the concept of digital economy includes a number of areas to be taken into consideration in drafting the program. "In the near future, we plan to organize a series of roundtables on each section of the draft program," said the expert. "Our far-reaching objectives are to develop target indicators, action plan and implement it."

Mr. Pushkin emphasized the following key goals of digital economy: end-to-end automation of all major production and economic processes, development of the market for personified production and consumption, an improvement of the aggregate performance of economic entities, knowledge mobilization through exchange, the creation of new jobs in high-tech industries.

"We have selected the principles on which different countries rely in their digital economy development programs. The United States focus on open and unlimited Internet access whereas China mainly focuses on joint data use by both state-owned and profit-making organizations," said Mr. Pushkin. Other noteworthy principles include the legal significance of digital recording, focus on consumer needs, the development of infrastructure, platforms and ecosystems, the expert listed.

The United States focus on open and unlimited Internet access whereas China mainly focuses on joint data use by both state-owned and profit-making organizations.

Vasily Pushkin

Deputy Head of the Analytical Center

There is a broad range of definitions of the term "digital economy." Head of Department for Monitoring Tatiana Eferina clarified that "digital economy" is economic activity based on digital technology, providing for the implementation of information technology throughout all industries and areas of activity, as well as the transfer of business processes to digital space. The expert told about the principal approaches and provisions of the program, highlighting 5 major objectives: shaping a sustainable digital ecosystem for business entities, encouraging the implementation of digital processes in top-priority branches of the economy, developing regulations, risk management and enhancement of public administration effectiveness due to digital process transformation.

Let me remind you that in December 2016 the President of Russia signed a decree on the development and approval of the Digital Economy Program, which provides for measures for creating legal, technical, organizational and financial conditions for developing digital economy in the Russian Federation and integrating it into the economic space of the Eurasian Economic Union member states.