The Impact of Open Data on Economic Growth and Development in Ukraine

Abstract

"Over time, information and knowledge industries are becoming increasingly important for the country’s effective economic development. Therefore, to ensure the quality functioning of most internal processes in countries moving towards a post-industrial economic model, it is essential to increase data openness. Thus, the purpose of this research is to evaluate the impact of information accessibility on the development and economic growth of Ukraine. The main research methods used in the study were analysis, comparison, deduction, induction. The study provides a general overview of the development of open data in Ukraine. It was demonstrated that although the country has a legal framework, it is still not sufficient to ensure the sustainable development of this component. In addition, the general benefits that can be obtained by the state and its economic relations in the event of a further increase in data openness were considered. Thus, the main sectors and their opportunities for using open data in their activities were described. In addition, a positive impact has been demonstrated regarding the components of activities for which the state is responsible, such as healthcare, public transport, education. In addition, the author mentions the role of artificial intelligence in the further development of Ukraine and the possibility of using it to analyse open data. This study provides new knowledge for analysing the impact of public data on economic growth and allows for a better assessment of some of the specifics of Ukraine’s development in general."