The goal of this study is to identify the most efficient practices in exercising the digital public administration in the context of implementing the innovative potential of national economy. This goal was achieved through highlighting the distinctions and peculiarities of Social Credit System as China’s administration model. The study determines the impact of Social Credit System on economic and social indicators of China’s economy. The authors assessed the efficiency of Social Credit System based on the indicators of the countries, which had the alternative approaches to digital public administration and were characterized by a high level of application of digital technology to monitor the economic processes. This paper provides evidence that the Chinese system of digital administration has its own advantages in implementing the innovative potential of national economy as it highly impedes the increase in corruption. However, this system is inefficient in ensuring market transparency.
The goal of this study is to identify the most efficient practices in exercising the digital public administration in the context of implementing the innovative potential of national economy. This goal was achieved through highlighting the distinctions and peculiarities of Social Credit System as China’s administration model. The study determines the impact of Social Credit System on economic and social indicators of China’s economy. The authors assessed the efficiency of Social Credit System based on the indicators of the countries, which had the alternative approaches to digital public administration and were characterized by a high level of application of digital technology to monitor the economic processes. This paper provides evidence that the Chinese system of digital administration has its own advantages in implementing the innovative potential of national economy as it highly impedes the increase in corruption. However, this system is inefficient in ensuring market transparency.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.