Efficiency of Digital Public Administration System in the Course of Implementing the Innovative Potential of National Economy

Abstract

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.

State regulation of the development of the digital economy infrastructure

“…Many scientific studies have been devoted to the issue of public administration in the context of digitalization and development of the digital economy infrastructure. Among the scientists we would like to mention are the following: Adriaens ( 2021 The authors' study (Sazonets et al, 2018) analyzes the most effective practices of the digital public administration in the context of realizing the innovative potential of the national economy. Researchers have studied that China's digital administration system has its advantages in realizing the innovative potential of the national economy, as it significantly restrains the growth of corruption.…”