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رقم التسجيلة
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23559
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نوع المادة
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book
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الموقع الالكتروني
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https://www.imf.org/en/publications/departmental-papers-policy-papers/issues/2025/04/01/digital-transformation-in-the-gulf-cooperation-council-economies-557187
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ردمك
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9798400291449
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رقم الطلب
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338.9536 D574
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العنوان
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Digital Transformation in the Gulf Cooperation Council Economies / Prepared by Ran Bi, Fozan Fareed, Jeong Dae Lee, Sidra Rehman, Yuan Gao Rollinson, Tongfang Yuan
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بيانات النشر
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Washington, D.C, [UNITED STATES]: International Monetary Fund (IMF), 2025.
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الوصف المادي
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vi, 42 P
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بيان السلسلة
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International Monetary Fund. Middle East and Central Asia departmental paper series
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الملاحظات الببليوجرافية
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Includes bibliographical references (P: 41-42).
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المحتويات / النص
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Executive Summary -- 1. Introduction -- 2. Progress on Digitalization: Where Do GCC States Stand? -- A. Key Pillars of Digitalization -- B. GCC Digitalization Progress under Key Pillars -- C. Enhanced Digital Access Index: A Composite Index to Measure Progress -- 3. Effect of Digitalization and Implications for the GCC -- A. Digitalization and Financial Inclusion -- B. Digitalization and Banking Sector Resilience -- C. Digitalization and Government Effectiveness -- D. Digitalization and Economic Growth -- E. Digitalization and Corporate Sector Resilience: A Firm-Level Analysis -- 4. Conclusion and Policy Implications -- Annex
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المستخلص
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"The Gulf Cooperation Council (GCC) countries have pursued ambitious digitalization strategies as part of their broader economic transformation agenda. This paper provides a thorough review of the GCC's significant acceleration in digital transformation, particularly since the onset of the pandemic, highlighting progress in digital infrastructure, GovTech (government technology) maturity, and fintech activities. By constructing a novel composite index—the Enhanced Digital Access Index (EDAI)—and benchmarking the GCC's achievements against those of advanced and other emerging market economies, the paper finds that the GCC, on average, has closed its gap with AEs on the overall EDAI, with strengths particularly in digital infrastructure and affordability. Based on a global sample, the paper’s empirical analysis highlights a positive correlation between digitalization advancement and enhanced financial inclusion, strengthened banking sector resilience during crises, improved government effectiveness, and faster corporate sector recoveries following economic downturns. To complement the sectoral analysis of the impact of digitalization, the paper also examines the relationship of economic growth and resilience with economy-wide digitalization and find a positive association. Our findings point to additional economic gains from further advancing digitalization in the GCC, which would require comprehensive strategies to further leverage digitalization to enable a more effective and transparent public sector, balance opportunities and risks associated with fintech, enhance digital skills and digital adoption, with adequate social safety nets and appropriate training to strengthen social protection and labor market inclusion, and create an enabling environment to further digital penetration". (publisher page)
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المواضيع
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Economic development
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الواصفات
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TECHNOLOGICAL INNOVATIONSECONOMIC GROWTHPUBLIC SECTORINFORMATION TECHNOLOGYARTIFICIAL INTELLIGENCEGulf Cooperation Council
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عنوان آخر
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IMF Departmental papers. Digital Transformation in the Gulf Cooperation Council Economies
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الأسماء المرتبطة
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Bi, Ran
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