The role of the digital economy in Bangladesh's economic development

Abstract

The objective of this study is to assess the current and potential dimensions of the digital economy in Bangladesh, with the ultimate goal of fostering the country's development and prosperity by the year 2041 (Al Mubarak, 2022). Concurrently, this analysis examines the various facets of the digital economy through a lens that incorporates the concepts of the 4th Industrial Revolution and emerging technologies. The methodology section employs a qualitative approach to ascertain the research objectives, utilizing secondary data. The study's findings aim to provide an overview of the present condition of the digital economy, focusing on emerging trends that have a positive impact on the national gross domestic product (GDP). Companies and individuals possess an understanding of the conceptual implications associated with the digital economy. This awareness has the potential to mitigate the digital divide and establish a robust connection between technology and the economy. In summary, it is anticipated that the digital economy will witness a growth in its potential for commercial and corporate prospects. Future research could potentially be expanded by employing a qualitative approach to examine the concept of a digital Bangladesh.