The Platform Economy's Role in Forming Sustainable Financial Ecosystems in Emerging Economies

The research examines the role of the platform economy in shaping sustainable financial ecosystems in developing countries and develops a scientific and methodological framework for strengthening this role. It summarizes the empirical experience of the ten developing countries with the highest level of economic globalization in 2025 The study proposes an economic and mathematical model to assess how private market practices and government regulation of the platform economy influence the sustainability of financial ecosystems. In the context of the Fifth Industrial Revolution, platform economy development depends on the spread of basic ICT skills and incentives to increase added value in the ICT sector. The proposed instruments open a new path for developing countries to advance their financial ecosystems through transition to a platform economy. The research also provides recommendations for developing the platform economy in the South Caucasus.

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