Digitalization in Developing Countries: Opportunities and Challenges

Abstract

Digitalization presents both opportunities and challenges for developing countries striving for socio-economic advancement in the modern era. This journal explores the multifaceted challenges hindering the effective adoption and integration of digital technologies in developing regions. Drawing upon a comprehensive review of literature and theoretical frameworks, the paper identifies key obstacles such as inadequate infrastructure, regulatory and policy gaps, socio-economic disparities, and cultural barriers. Through case studies and best practices analysis, successful digitalization initiatives in developing countries are examined, shedding light on factors contributing to their success. Building upon these insights, the paper proposes policy recommendations and strategies aimed at overcoming digitalization challenges, emphasizing the importance of international cooperation and partnerships. By addressing these challenges, developing countries can harness the transformative potential of digitalization to promote inclusive growth, bridge the digital divide, and achieve sustainable development goals.