Regulation and Enforcement of Human Rights, Transparency, Data Protection, Ethics of Technology, and Data Use in the Context of Digital Transformation
Abstract
This research aims to determine the prospect of enhancing state regulation and ensuring the observance of human rights, transparency, data protection, technology ethics, and data utilization within the context of digital transformation. To achieve this, the authors conduct econometric modeling of systemic interconnections between state regulation, regulatory conditions, and the outcomes of digital economic development. The research employs regression analysis based on IMD statistics for 2023, drawing from the experiences of the top 20 countries worldwide in terms of the activity of digitalization in 2023. The principal authorial conclusion asserts that developing an e-government system is paramount in shaping a favorable regulatory environment and institutional support for the digital economy. Meanwhile, the flexibility and adaptability of state regulation play a secondary yet significant role. The scientific novelty and the originality of the research findings lie in uncovering previously unknown causal relationships between regulation, human rights compliance, transparency, data protection, technology ethics, and data utilization within the digital transformation framework. The formulated forecast and authorial recommendations possess empirical value because they pave the way for refining international practices in state regulation of the digital economy, thereby maximizing its developmental potential in the Decade of Action (until 2031).