Challenges of the Modern Economy: Digital Technologies, Problems, and Focus Areas of the Sustainable Development of Country and Regions

The book focuses on a systemic study of the challenges of the modern economy and related problems and areas of sustainable development of countries, regions, and businesses, with particular attention paid to the new prospects offered by the spread of digital technology. The book’s contribution to the literature is that it reveals the specifics and digital perspectives of supporting the SDGs in the economy at every level of the economy: country, regional, and corporate, considering sectoral specificities―this is reflected in six parts of the book. 

Part 1 identifies contemporary challenges of the modern economy as barriers to sustainable development. Part 2 reflects the future direction of sustainable development of the countries. Part 3 considers the problems and prospects for sustainable development of regions. Part 4 focuses on the problems and prospects for the sustainable development of enterprises and industries. Part 5 sheds light on the economic and legal foundations and cooperative mechanisms of sustainable development. Part 6 offers recommendations for enhancing the use of digital technologies offered by Industry 4.0 to support the SDGs. 

Scientists whose research interests include sustainable economic development are the primary target audience for this book. For the primary target audience, the book forms a systemic view of the global challenges of sustainable development and offers a set of scientific and methodological recommendations to provide an effective response to these challenges at every level of the economy. An additional audience for the book is practicing experts, who will find international best practices and applied recommendations to support sustainable economic development and implementation of the SDGs in the practice of state (national regulation and public administration of the region) and corporate (in various industries) management. 

Yahy G. Buchaev, rector of the Dagestan State University of National Economy, specialist in the field of mathematical modeling in economics, investment calculations, researcher of problems of management of industries and sectors of the regional economy and factors of economic growth of the regional economy. He made a significant contribution to the development of systems analysis research in economics, the securities market and the digital economy. Yahy G. Buchaev is an active participant and organizer of leading international, all-Russian and regional scientific forums and conferences.

Arsen S. Abdulkadyrov, Senior Research Fellow, Research Institute of Management, Economics, Politics and Sociology of Dagestan State University of National Economy (since 2019), Associate Professor of the Department of Oil and Gas Well Drilling, Dagestan State Technical University (since 2018). Arsen S. Abdulkadyrov is an expert in the field of economics of high-tech industries, digital economy, analysis and modeling of economic processes in the fuel and energy complex, economic and national security. He is awarded with a commendation from the Ministry of Energy of the Russian Federation (2012). Arsen S. Abdulkadyrov is the author of 120 scientific works, including 5 monographs (2 copyrighted), participates in scientific grants and large projects.

Julia V. Ragulina, Ph.D. (economics), professor, Head of the Chair of compliance and controlling at RUDN University (Moscow, Russia). She is the honored worker of science and technology of the Russian Federation and the honored worker of higher professional education. She is the author of more than 200 publications and a range of monographs on state control and audit, state and municipal management, and economics of municipal entities (including monographs with co-authors from Harvard University, USA).Chief Editor of the scientific journal «Microeconomics», «Bulletin of the Academy of Law and Management», «Municipal Academy», «Management of economic systems», «Economics and management: problems, solutions». Author (co-author) of more than 290 scientific and educational works, including 20 textbooks and 26 monographs. Arutyun A. Khachaturyan, Chief Researcher at the Institute of Market Economy of the RAS, Professor of the Economic Theories Department and Military Economics of the Military University of the Ministry of Defense of the Russian Federation, full member of the Academy of Military Sciences and the Academy of Quality Issues. Chief Editor of the scientific journal "Collection of Scientific Papers of the Military University", a member of the editorial board of scientific journals: "Military Academic Journal", "Space and Time", "Problems of Market Economy", "Information and Economic Aspects of Standardization and Technical Regulation." Professor Arutyun A. Khachaturyan is a well-known specialist in the field of military economics, research of problems of ensuring military and economic security of Russia. He created and successfully operates an intersectoral scientific school "A new paradigm of managing the economic support of the military organization of the state".Author (co-author) of more than 220 scientific and educational works, including 10 textbooks and 12 monographs.

Elena G. Popkova, Professor, Doctor of Science (Economics), the founder and president of the Institute of Scientific Communications (Volgograd, Russia) and Leading researcher of the Center for applied research of the chair "Economic policy and public-private partnership" of MGIMO University (Moscow, Russia). Her scientific interests include the theory of economic growth, sustainable development, globalization, humanization of economic growth, emerging markets, social entrepreneurship, and the digital economy and Industry 4.0. Elena G. Popkova organizes Russianand international scientific and practical conferences and is the editor and author of collective monographs, serves as a guest editor of international scientific journals. She has published more than 300 works in Russian and foreign peer-reviewed scientific journals and books.