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Building Foundations of the Digital Economy: Lessons from the Global Experience
February 1, 2017World Bank Country Office, Moscow, Russia

Developing the Digital Economy in Russia is an initiative of the World Bank and Russian partner organizations, aimed at establishing multi-stakeholder collaboration to foster Digital Economy development in the country.

The Working Group on Developing the Digital Economy in Russia, comprised of World Bank staff, international experts and Russian stakeholders, working through a series of international and local seminars and online discussions in social media, will jointly articulate key findings, policy recommendations and guiding principles to help Russia unlock digital dividends such as inclusive economic growth, job creation and better services to improve the lives of its citizens and position Russia as an emerging leading digital economy.

One of the outputs of the initiative will be the preparation of an Analytical Note titled "Digital Economy: Prospects for Russia" that is planned for completion by June 2017, by drawing on these discussions and learning from countries such as the UK, US, Korea, Singapore, Australia, Estonia, Germany, China, India, and Israel.

The initiative was officially launched during the first International Seminar held at the World Bank office in Moscow on December 20, 2016 and attended by the Minister of Telecom and Mass Communications of the Russian Federation, Nikolay Nikiforov, and the Member of the Board (Minister) for Internal Markets, Informatization and ICT of the Eurasian Economic Commission, Karine Minasyan.

The purpose of the second International Seminar is to identify and prioritize key foundations of the Digital Economy, jointly with international experts from the High-Level Experts, Leaders, and Practitioners (H.E.L.P.) Group and their Russian counterparts.

Key questions discussed during the International Seminar on February 1, 2017:

  • Why have countries been recently focusing on developing the Digital Economy? What is the #1 objective of the Digital Economy programs?
  • What are the key foundations (digital and analog enablers) for the Digital Economy? How can they be prioritized and sequenced?
  • What are the necessary steps that should be taken by the government and business for the development of skills vital for the Digital Economy?
  • What is the role of cyber security in the digital economy?
  • What are the most disruptive technologies that will fuel the Digital Economy of the future?
  • What are the new policies/regulations that the countries will need to put in place?
  • What are the institutions and the governance structures that the governments need to put in place to take full advantage of the Digital Economy?
  • Which elements of Digital Economy foundations could be best implemented through Public-Private Partnerships (PPP)?

For further details, please contact Elena Lipilina at elipilina@worldbank.org

Event details
  • Date: February 1, 2017
  • Time: 14:00-18:00 (Moscow time)
  • Location: World Bank Country Office, Moscow