Foreign Direct Investment as a Determinant of Digital Economy Growth

Abstract

The world economy crashed in 2020 due to pandemic crisis with a consequent collapse of global trade and foreign direct investment (FDI). Digital economy links the society and the business environment, creates qualified human capital and promotes innovation. Foreign direct investment in the digital economy powers the digital economy and the digital economy increases the appetite for more foreign direct investment. Foreign direct investment is key to supporting social and economic recovery and boosting the digital economy, and conversely, the digital economy is key to increase foreign direct investment flows. The article analyses the impact of foreign direct investment on digital economy and consequently on economic growth.