Finance and Credit

Abstracting and Indexing

Referativny Zhurnal VINITI RAS
LCCN Permalink
Google Scholar

Online available



Cyberleninka (24 month OA embargo)

Developing the digital economy: Experience of Russia and Germany

Vol. 25, Iss. 2, FEBRUARY 2019

PDF  Article PDF Version

Received: 20 November 2018

Received in revised form: 6 December 2018

Accepted: 20 December 2018

Available online: 28 February 2019

Subject Heading: Financial system

JEL Classification: Е60

Pages: 263–276

Frumina S.V. Finance University under Government of Russian Federation, Moscow, Russian Federation

ORCID id: not available

Subject The article considers the digital economy development in the Russian Federation. It outlines issues affecting certain areas of digital economy development in the country, compares relevant indicators of the leading world economies, Germany in particular, and of Russia.
Objectives The main goal is to generate proposals for harmonization of Russian laws on digital technologies and adaptation of Germany's positive experience in attracting private investors to projects for Internet expansion in remote regions.
Methods The research methodology draws on analysis and synthesis of domestic and foreign experience in the digital economy development to identify key problems and determine the directions of their solution, which will enhance the competitive advantages of our country in the field of digitalization.
Results The paper reviews indicators of digital economy development according to the Global Information Technology Report, Digital Economy and Society Index, etc., compares them, analyzes strategic documents of the Russian Federation defining the key aspects of the digital economy development, unveils inconsistencies in regulatory documents that need updating. The findings can be used by legislative and executive authorities to coordinate strategic planning documents and amend State-run programs of the Russian Federation, as well as by researchers in this field to analyze the development of digital economy in Russia and abroad.
Conclusions The findings enable to determine further areas for improving the digitalization policy of the government.

Keywords: digital economy, foreign experience, information and communication technologies, ICT, government program


  1. Kosov M.E. [An innovative approach to the development of the economic system]. Vestnik Moskovskogo universiteta MVD Rossii = Bulletin of Moscow University of the Ministry of Interior of the Russian Federation, 2016, no. 7, pp. 206–211. URL: Link (In Russ.)
  2. Novikova E.S., Sigarev A.V. [The place of Russia in development of global chains of value creation within formation of digital economy]. Uchenye zapiski Rossiiskoi Akademii predprinimatel'stva, 2018, vol. 17, no. 2, pp. 20–30. (In Russ.) URL: Link
  3. Maksimtsev I.A. [Digital platforms and digital finance: Problems and prospects of development]. Izvestiya Sankt-Peterburgskogo gosudarstvennogo ekonomicheskogo universiteta = Bulletin of Saint Petersburg State Economic University, 2018, no. 1, pp. 7–9. URL: Link (In Russ.)
  4. Anisimova A.S. [Analysis of lawmaking in foreign policy regulation of Internet relationships]. Vestnik Saratovskoi gosudarstvennoi yuridicheskoi akademii, 2014, no. 5, pp. 38–44. URL: Link (In Russ.)
  5. Khusyainov T.M. [The process of formation and the peculiarities of the legal regulation of the Internet employment in the labor legislation of France]. Yuridicheskie issledovaniya, 2016, no. 12, pp. 9–16. (In Russ.) URL: Link
  6. Nagirnaya A.V. [The development of the Internet in Russian regions]. Izvestiya Rossiiskoi Akademii Nauk. Seriya Geograficheskaya, 2015, no. 2, pp. 41–51. (In Russ.) URL: Link
  7. Surova N.Yu. [New technologies for the future economy: Project rating and regulatory mechanisms in the digital economy]. Bankovskoe Delo = Banking, 2017, no. 12, pp. 24–26. (In Russ.)
  8. Lashkul N.T. [Developing the innovative economy in Russian regions on the Internet case]. Vestnik Universiteta (Gosudarstvennyi universitet upravleniya) = University Bulletin (State University of Management), 2013, no. 12, pp. 61–66. URL: Link (In Russ.)
  9. Blanutsa V.I. [Economic connectivity of Russian regions in the Internet space]. Kreativnaya ekonomika = Journal of Creative Economy, 2018, vol. 12, no. 5, pp. 701–716. URL: Link (In Russ.)
  10. Makoveichuk A.V. [Internet technologies as a tool for implementing digital policy in the Russian region at the current stage]. Sotsium i vlast' = Society and Power, 2018, no. 1, pp. 47–54. URL: Link (In Russ.)
  11. Burkal'tseva D.D. [Points of economic and innovative growth: A model for organizing the effective functioning of the region]. MIR (Modernizatsiya. Informatsiya. Razvitie) = MIR (Modernisation. Innovation. Research), 2017, vol. 8, no. 1, pp. 8–30. URL: Link (In Russ.)
  12. Kazakova K.V., Pushilin D.V. [Prospects for the development of Internet commerce in Russia]. Fundamental'nye issledovaniya = Fundamental Research, 2014, no. 12-9, pp. 1968–1972. URL: Link (In Russ.)

View all articles of issue


ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 26, Iss. 6
June 2020