THE DEVELOPMENT OF DIGITALIZATION IN LATVIA

• Published in: Turiba University. International Scientific Conference pp. 15 - 25
• Main Author: Baskar, Saranya Kanna
• Format: Conference Proceeding
• Language: English
• Published: Riga Turiba University 01.03.2024
• Subjects: Collaboration; Cooperation; Creativity; Cybersecurity; Digital technology; Digitization; Efficiency; Electronic government; European integration; Europeanization; Geopolitics; Infrastructure; Open data; Prosperity; Latvia; Union of Soviet Socialist Republics > USSR; Estonia

The comprehensive examination of digitalization's multifaceted impact on various sectors of Latvian society underscores the strategic imperative to foster digital innovation and cultivate an enabling environment for transformation. Addressing cyber security, data privacy, and digital literacy are essential components of this effort, alongside leveraging cutting-edge technologies like blockchain, IoT, and AI to enhance competitiveness and public engagement. While acknowledging the strides made in digital infrastructure and e-services, there's a recognition of the need for continual investment and expansion, coupled with a focus on reskilling and upskilling to fully harness the potential of the digital economy. The analysis emphasizes collaboration, innovation, and sustained investment as linchpins for ensuring enduring growth and prosperity in Latvia's digital future. This paper concludes by highlighting the potential and challenges that lie ahead, as well as the transformational impact of digitalization in Latvia. It highlights that in order to guarantee sustained growth and prosperity in the digital age, cooperation, innovation, and investments in digital infrastructure and human capital are crucial.