DIGITAL DEVELOPMENT’S IMPACT ON THE ECONOMIC AND SOCIAL PERFORMANCE OF SELECTED EUROPEAN COUNTRIES

Zlata Đurić, Slobodan Cvetanović, Petar Veselinović, Milan Despotović

DOI Number
https://doi.org/10.22190/TEME241205015D
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Abstract


This paper investigates the impact of digital development on the economic and social performance of sixteen European countries using Microsoft’s Digital Future Index from 2021. Through ANOVA tests and correlation analysis, we examined the relationships between digital inputs, and the economic and social outputs of the digitisation process in these countries. The results reveal a significant positive correlation between the achieved level of digital development, and the improvement in the economic and social performance of the analysed economies. The key message for policymakers is that increased investment in digitisation can accelerate economic growth and enhance social inclusion within this group of European countries.


Keywords

Digital Development, Economic Performance, Social Performance, Microsoft’s Digital Future Index, Correlation Analysis.

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References


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DOI: https://doi.org/10.22190/TEME241205015D

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