When Digital Boom Falls Down: Two Stratagems for Public Administration

#2. Breakthrough Betting
When Digital Boom Falls Down: Two Stratagems for Public Administration

2018 did not bring a significant breakthrough in the Russian digital economy development, the boom is being replaced by disappointment. Digital transformation as a process of cardinal change is gradually being superseded by numeralization or digitalization, that is, simply by converting “everything” into digital form. At the same time, practical issues concerning approaches of the state bodies to implementation of digital economy plans both in the nearest future and in the 5–10 years prospect, stay out of the attention zone. Of paramount importance becomes the discussion by the authorities not about the processes of effective changes in the economy, but the accelerated introduction of foreign digital technologies or provision of services on digital platforms. The article proposes to discuss two stratagems that will allow the government bodies of the Russian Federation to consolidate their leadership position in the digital transformation process, not only by implementing control and supervisory functions, but also through providing greater economic opportunities to large, medium and small businesses based on numeral.

Cryptocurrency Management Model for Forming the EAEU Unified Electronic Currency

#6. For the High Norm
Cryptocurrency Management Model for Forming the EAEU Unified Electronic Currency

The article discusses the possibility of forming (based on cryptocurrency principles) a single electronic currency of the EAEU. On the basis of a cryptocurrency approach — e-currency emission — it becomes possible to solve the problems of increasing investments, including to overcome the limited capabilities of national financial institutions in their competition with financial and banking groups — non-residents of the EAEU member states. A cryptocurrency management model allows to solve the problem of rearranging volumes, structure and conditions of emission and turnover of digital financial assets within the EAEU as a kind of bundled package of various types of investment resources based on an integrated cryptocurrency control, mining and ICO (Initial Coin Offering) in conjunction with economic activity and exchange rates of the EAEU Member States. The unified financial system of the EAEU in terms of financial resources amount will be able to withstand the risks of currency and financial collapses due to manipulative games and currency attacks by international speculative groups.

The State and Economy: New Digital Opportunities

#5. Digital Agitation
The State and Economy: New Digital Opportunities

Crisis processes in the economy are often presented as consequences of external factors, and not of inefficient state decisions. The authors of the article propose to consider the economy as a complicated multi-factor system, which should be influenced through state economic regulation. The forthcoming digital transformation of economic processes and immersion of all economic entities in the digital space bring both opportunities and threats for the Russian Federation. Digital images of subjects and digital traces of their interactions in the course of economic processes are beginning to acquire value, becoming digital assets. Using a platform approach in the economy at the state level, on the one hand, will ensure digital sovereignty of the country, and on the other hand it will allow to use digital assets as an accurate and operative information base for modeling economic processes that will provide quality and effectiveness of the state regulation.

Digital Society: Architecture, Principles, Vision

#1. Long-Lasting Choice
Digital Society: Architecture, Principles, Vision

Digital technologies are gradually becoming an integral part of each sphere of everyday life for citizens and economic entities of the Russian Federation. This opens up enormous opportunities for creating new and modernizing the existing industries, for high-tech level of interaction between society and state authorities, for increasing Russia’s competitiveness in the world market, and ultimately — for preserving and consolidating the information sovereignty of the Russian state. Digital transformation may cause a new variant of economic relations (Digital economy), a new level of relations between society and the state (Digital government), creation of high-tech infrastructure (Digital space). It seems that the most important goal of the next stage of the Russian Federation’s development could become creation of a Digital society.