The financial sector in advanced economies has undergone significant evolution driven by restructuring, globalization, and the digital revolution, which have profoundly shaped its developmental dynamics. This study investigates the forces behind the growth and convergence of the financial sector...

Businesses around the world are rapidly adopting digital technologies. Adoption, though, is not even, but it varies over time and differs from society to society, depending on resources in the ecosystem. This study addresses how past, present, and future digitalization is developing globally...

COVID-19’s affliction has spared none regardless of country, economy, rich or poor, child or old age, salaried or entrepreneur, celebrity or common man, actor or politician, Policeman or thief, Teacher or student, Doctor or Patient. With the nature of high transmissibility and absence of...

This study investigates the impact of digitalization measured by digital competitiveness ranking and digital competitiveness scores on the real economic growth of 63 countries over the period 2017-2021, the period pre and during the COVID-19 pandemic. By employing panel data regression models,...

Die verbesserte Landwirtschaft im Mittelalter, später die industrielle Revolution und heute die künstliche Intelligenz – im Laufe der Geschichte wurde der technologische Wandel stets als Haupttriebkraft für das Gemeinwohl angesehen. Doch die Fortschrittsgewinne fallen nur wenigen zu, und...

Digitalisation can be viewed as a major supply/technology shock affecting macroeconomic aggregates that are important for monetary policy, such as output, productivity, investment, employment and prices. This paper takes stock of developments in the digital economy and their possible impacts...

As the pace of digitalization and automation accelerates globally, and more disruptive innovations in machine learning, artificial intelligence and robotics are expected, new data sources and measurement tools are needed to complement existing valuable statistics and administrative data. This is...

Die "Vierte Industrielle Revolution" wird zu einer umfassenden Verschmelzung von Robotik und webbasierter künstlicher Intelligenz führen. Diese Entwicklung darf nicht allein ökonomisch und technisch betrachtet werden: Sie muss dem Wohlstand und der Selbstbestimmung jedes Einzelnen zugute...