Global Socio-economic System Research Articles

Global Polyethylene Terephthalate (PET) Plastic Supply Chain Resource Metabolism Efficiency and Carbon Emissions Co-Reduction Strategies

Polyethylene terephthalate (PET) is widely used as a primary plastic packaging material in the global socio-economic system. However, research on the metabolic characteristics of the PET industry across different countries, particularly regarding the entire life cycle supply chain of PET, remains insufficient, significantly hindering progress in addressing plastic pollution worldwide. This study employs the Life Cycle Assessment-Material Flow Analysis (LCA-MFA) method to comprehensively analyze the environmental impacts of PET plastics, with a focus on the processes from production to disposal in 12 regions (covering 41 countries) in 2020. By constructing 13 scenarios and analyzing the development trajectory of PET plastics from 2020 to 2030, this study provides scientific evidence and specific strategies for waste reduction and emission reduction measures in the PET industry. Overall, in 2020, the 12 regions (41 countries) consumed 7297.7 kilotons (kt) of virgin PET resin and 1189.4 kt of recycled PET resin; 23% of plastic waste was manufactured into recycled PET materials, 42% went to landfills, and 35% was incinerated. In 2020, the entire PET plastic supply chain emitted approximately 534.6 million tons (Mt) of carbon dioxide equivalent per year, with production emissions accounting for 46.1%, manufacturing stage emissions accounting for 44.7%, and waste treatment stage emissions accounting for 9.2%. Research indicates that under a scenario of controlled demand, resource efficiency improvement and emission reduction are the most effective, potentially reducing carbon emissions by up to 40%.

Extractivism and the engendering of disasters: disaster risk creation in the era of the Anthropocene

PurposeThis paper argues that extractivist logic creates the environmental conditions that produce “natural” hazards and also the human conditions that produce vulnerability, which combined create disasters. Disaster Risk Creation is then built into the current global socio-economic system, as an integral component not accidental by-product.Design/methodology/approachAs part of the movement to liberate disasters as discipline, practice and field of enquiry, this paper does not talk disasters per se, but rather its focus is on “extractivism” as a fundamental explanator for the anthropogenic disaster landscape that now confronts us.FindingsApplying a gender lens to extractivism as it relates to disaster, further highlights that Disaster Risk Management rather than alleviating, creates the problems it seeks to solve, suggesting the need to liberate gender from Disaster Risk Management, and the need to liberate us all from the notion of managing disasters. Since to ‘manage’ disaster risk is to accept uncritically the structures and systems that create that risk, then if we truly want to address disasters, our focus needs to be on the extractive practices, not the disastrous outcomes.Originality/valueThe fundamental argument is that through privileging the notion of “disaster” we create it, bring it into existence, as something that exists in and of itself, apart from wider socio-economic structures and systems of extraction and exploitation, rather than recognising it for what it is, an outcome/end product of those wider structures and systems. Our focus on disaster is then misplaced, and perhaps what disaster studies needs to be liberated from, is itself.

Российская экономика 2024+: новые решения в новой реальности

The modern Russian economy, as well as the global socio-economic system in general, is at a turning point of its development. Despite various destructive factors, both the economy and the social sphere of Russia show significant progress. These successes require analysis and strengthening by the effective strategizing and planning practices. The article describes the key conditions for maintaining and increasing the achieved results and formulates tasks for the development of scientific support of positive dynamics.

GLOBAL TRANSFORMATION OF THE ROLE OF ACCOUNTING AND CONTROL IN THE DIGITAL ECONOMY

Introduction. An actual stage of the development of the global socio-economic system is the formation of the digital economy. The information basis of the digital economy is accounting and control, which undergo positive changes under the conditions of the use of innovative computer and communication technologies. The transformation of accounting and control takes place through the clarification of their global roles, manifested in the digital economy. The purpose of the article is to highlight and clarify the global role of accounting and control under the influence of the use of computer and communication technologies in the conditions of the formation of the digital economy. Results. In order to assess the readiness of the socio-economic system to implement the principles of the digital economy, an assessment of the country’s innovativeness, the level of implementation of information processing technologies and the digital capacity of the economy was carried out. The results of the ranking of countries by the level of development of the digital economy proved the presence of active obstacles to the digitalization of socio-economic processes, overcoming which involves the optimization of accounting and control systems. Regardless of the national or international features of business, seven global roles of accounting and control in the digital economy are identified: informativeness, integration, communication, institutionality, control, optimization, and protection. accounting and control in the conditions of the formation of the digital economy. It has been proven that a common feature for all global roles of accounting and control in the digital economy is the priority of electronic transactions in the financial and economic activities of enterprises compared to classic monetary and commodity transactions. Conclusions. Only in a socio-economic system with a predominant part of electronic transactions among monetary and commercial operations is it possible to comprehensively activate the above global roles of accounting and control. Highlighting the global roles of accounting and control forms the starting point in the study of the vectors of further digitization of accounting information processing in relation to the digital economy. For the development of a comprehensive understanding of the prospects for the transformation of accounting and control, further scientific research into the substantiation of the impact of computer and communication technologies, which are the basis of the digital economy, on the order of processing accounting information is important.

Integrated drought vulnerability and risk assessment for future scenarios: An indicator based analysis

The dynamic interplay between climate change and socioeconomic development has brought about significant changes in drought hazard, vulnerability, and risk within the global socioeconomic system. However, there is a prevailing lack of understanding about how these changes will manifest in an increasingly globalized economy under global warming. To address this knowledge gap, this study utilizes various climatic, geographical, and socioeconomic data from historical period and future projections to comprehensively map and assess the changes in global drought vulnerability and risk of population in the 2030s and 2050s under the SSP126, SSP245, and SSP585 scenarios. This study finds that the future population at risk of drought is projected to increase by 21.96 % - 25.95 % in the 2030s and 36.64 % - 45.40 % in the 2050s, driven by rapid population growth and substantial changes in drought hazard and vulnerability. This includes varying increases in drought hazard in approximately 58 % of global land area, alongside decreases in drought vulnerability in 50 % - 80 % of global land areas. Most arid and semi-arid regions, including Africa, Central Asia, West Asia, and Australia with less developed economies, are more susceptible to the adverse effects of climate change, leading to significant increases in future drought hazards, vulnerability, and risk, particularly under higher emission scenarios. In contrast, most humid and semi-humid regions exhibit varying degrees of drought vulnerability and risk of population across regions, despite the overall increasing drought hazard, with disproportionate impact of climate change and socioeconomic development. Specifically, projected increases in drought vulnerability and risk are observed in the Amazon, central and western U.S., while decreases are projected in the eastern part of China delimited by the Hu Line, southern India, Japan, Korea, most of Southeast Asia, northern Europe, and South America excluding the Amazon. The eastern U.S. is expected to experience reduced vulnerability but increased drought risk. This study can assist decision makers to develop targeted strategies and measures of adaptation and mitigation in an increasingly globalized economy under global warming.

The Ethics of Climate Change, Climate Policy and Climate Justice

The fossil fuel industry is the driving force behind our current carbon-centric socioeconomic systems. The industry has imposed fossil fuel-dependent business models and behaviours on the global socioeconomic system. The actions and plans of the industry are far from being aligned with the 1.5°C target set by the Paris Agreement. Moreover, they remain overlooked in the global climate discourse and negotiations. This paper builds its arguments starting from a moral issue: climate change is an ethical failure, and the industry has had a unique role in causing, shaping, advancing, and defending the current unsustainable fossil fuel-dependent global economy, and thus bears responsibility and has duties of reparation to limit consequent harm. This paper examines the various moral principles of rectifying the unjust situation created by the actions that produced climate change. Although the Paris Agreement assigns responsibilities to states, climate lawsuits against fossil fuel companies are also on the rise. This paper helps link legal frameworks and the relationship between climate justice, sustainable development, and environmental human rights to make radical, systemic changes to ensure a sustainable future.

On the reconfiguring value creation logic and networks of the forest sector in a changing business environment

Numerous phenomena, such as sustainability challenges and the increasing importance of knowledge and digitalisation, have tremendous impacts on the global socio-economic system. These phenomena affect the dynamic and complex business environment where different actors from various sectors interact with each other. Responding to the phenomena and changes in the business environment calls for a systemic change in the ways that value-creating activities are performed. One suggested systemic change is a transition to a sustainable circular bioeconomy. Changes in the business environment pressure established business sectors, such as the forest sector, to reconfigure their networks and value creation logic, i.e., the ways in which actors co-create value. In this dissertation I investigated how the value creation logic of the forest sector changes when entering the sustainable circular forest-based bioeconomy. The research design followed a qualitative theory-guided interdisciplinary case study strategy. I analysed scientific and non-scientific documents to determine the past and currently occurring adaptations within the forest industry’s value creation logic. I conducted interviews to identify the possible future value creation logic of forestry service providers and the readiness of forest owners to respond to the occurring changes. According to the findings, the forest sector’s value creation logic is incrementally changing towards holistically sustainable, collaborative and cross-sectoral value co-creation logic. The sector has been able to reconfigure its networks and value creation logic in the past and it seems that the sector’s actors have understood the importance of cross-sectoral collaboration and intangible resources in the sustainable value-creating activities. They have acknowledged that their attitudes and actions will affect the future value creation within the sector. To reach holistic sustainability, actors need to consider the whole forest ecosystem as a capital and a resource base from where value and benefits for the common good are co-created in a forest-based sector.

Food Security and International Security: Tracing the Links

The article aims to analyze food security from the perspective of international security studies. Russia’s aggression against Ukraine in February 2022 has generated renewed interest in food security. The undeniable links between war and famine have taken on an added dimension in this conflict due to the importance of both warring parties to the global food market. While the way food security is conceptualized points to its indirect relationship with international security, the change that took place in the study of international security after the Cold War recognized socio-economic problems as equivalent of threats to the national security. The analysis allowed the following conclusions. First, food security should be treated as a new research area of international security because it challenges the stability of the global socio-economic system. Second, as the 2008 and 2010–2011 food crises, the COVID-19 pandemic and Russia’s aggression against Ukraine have shown, food insecurity generates threats to international security.

Workers’ Control and Self-Management: Critical Learnings for an Alternative Democracy

This article examines some of the discussions and debates in the literature about workers’ control and self-management, which have assumed an importance in the context of the search for an alternative to the prevailing global socio-economic, political and cultural system and its persistent crises. The article reviews and analyses a range of approaches to workers’ control and self-management, their interpretations and purposes. This is done with reference to the historical and contemporary development of workers’ control and self-management in the debates between thinkers and practitioners associated with workers’ struggles both in the aftermath of World War 1 and more recently. These debates reflect on a complex array of issues arising from the challenges to capitalist production, situating it in the context of the struggles against capitalism in the early 20th century. They also raise issues concerning how the concepts of workers’ control and self-management might be understood and interpreted in relation to contemporary forms of parliamentary democracy, the role of radical political parties of the left, and questions of leadership and bureaucracy in such parties in existing socialist states and in relation to cooperatives under capitalism. The article suggests that it is important to understand the potential for workers’ control and self-management as an alternative to the dystopic social systems under the present regimes of neoliberal capitalist globalisation.

Tracking Three Decades of Global Neodymium Stocks and Flows with a Trade-Linked Multiregional Material Flow Analysis.

Neodymium (Nd), an essential type of rare earth element, has attracted increasing attention in recent years due to its significant role in emerging technologies and its globally imbalanced demand and supply. Understanding the global and regional Nd stocks and flows would thus be important for understanding and mitigating potential supply risks. In this work, we applied a trade-linked multiregional material flow analysis to map the global and regional neodymium cycles from 1990 to 2020. We reveal increasingly complex trade patterns of Nd-containing products and a clearly dominant but slightly weakening role of China in the global Nd trade (for both raw materials and semi- and final products) along the life cycle in the last 30 years. A total of 880 kt Nd was mined accumulatively and flowed into the global socioeconomic system, mainly as NdFeB permanent magnets (79%) in semi-products and conventional vehicles and home appliances (together 48%) in final products. Approximately 64% (i.e., 563 kt Nd) of all the mined Nd globally were not recycled, indicating a largely untapped potential of recycling in securing Nd supply and an urgency to overcome the present technological and non-technical challenges. The global Nd cycle in the past three decades is characterized by different but complementary roles of different regions along the global Nd value chain: China dominates in the provision of raw materials and semi- and final products, Japan focuses on the manufacturing of magnets and electronics, and the United States and European Union show advantages in the vehicle industry. Anticipating increasing demand of Nd in emerging energy and transport technologies in the future, more coordinated efforts among different regions and increased recycling are urgently needed for ensuring both regional and global Nd supply and demand balance and a common green future.

Необходимость минимизации барьеров в межкультурных коммуникациях как способ достижения взаимопонимания в глобальной социально-экономической системе

The relevance of the research consists in suggestion that overcoming the cultural barriers is the effective way to achieving the mutual understanding among the subjects of international economic relations in the context of changes in the world under the influence of globalization processes. In the emerging global economy, the most difficult barriers to mutual understanding are cultural differences between peoples. The purpose of the study is to generalize foreign experience in understanding the issues of minimizing barriers between subjects of international communications. The purpose of the study determined the specifics of the choice of the methodology of cognition of the research topic: the author turns to the study of foreign academic literature. The idea is substantiated that the need for communication between subjects of international economic relations appears when the subject of interaction realizes the limitations of his resources and interacts with another communicator in order to fill in the missing resource. Intercultural communication is presented as a type of purposeful and self-organizing communicative interaction, the type-forming feature of which is a shortage of intersubjectively shared resources arising from the fact that communicants belong to different socio-cultural systems. If different subjects of communication can learn to overcome cross-cultural barriers, then this can lead to reaching a new, higher level of cultural development of modern civilization. It is revealed that most of the studies of Western scientists are focused on analyzing the degree of difference between Western and non-Western cultures in order to develop an understanding of how to manage non-Western cultures more effectively in the context of business interactions. Hence, a model of educational intercultural competence is being developed in science, the mastery of which will allow managers to overcome communication barriers more flexibly and effectively. Western scientists propose mainly models for overcoming cross-cultural barriers in international communications, based on the recognition that the cultures of non-Western countries should be transformed under the influence of globalization (in particular, the digitalization of socioeconomic life). Hence, the concept of a "global community" is being formed, whose representatives will gradually master the generally significant system of verbal and nonverbal codes of the global (network, digital) socioeconomic system. The necessity of developing a scientific discussion on the development of a universal model of intercultural communication, which will minimize the barriers that prevent the most effective mutual understanding between the subjects of international economic relations, taking into account their cultural differences, is substantiated.

Mutations of the emerging new globalization in the post-COVID-19 era: beyond Rodrik’s trilemma

ABSTRACT Today’s tensions and challenges at the global governance level seem to constitute structural expressions of the global system’s mutations towards the post-COVID-19 era. This study examines whether the structural changes observed in various socio-economic dimensions and interdependent spatial levels due to the pandemic crisis are accelerating the emergence of a new phase of global governance. It investigates whether Rodrik’s trilemma (the incompatibility of synchronously achieving national sovereignty, democracy and globalization) seems to be relatively inadequate to approach today’s emerging global reality and challenges comprehensively. After an elliptic overview of world governance’s evolutionary shaping and reaching the present-day necessarily repositioned role of Brazil, Russia, India, China and South Africa (BRICS), we argue that these countries must no longer be perceived as emerging exceptional cases but as central participants, equally responsible for promoting a more balanced and sustainable development perspective for the less developed socio-economic formations and the entire global socio-economic system’s stability. We conclude that in the progressively shaped ‘new globalization’, which is a distinct evolutionary phase of the international economy and international relations, Rodrik’s trilemma seems to some extent analytically insufficient since there is no more a sustainable optimum in any of its coupled dimensions, which could allow a viable exit from the current crisis.

European Entrepreneurship Reinforcement Policies in Macro, Meso, and Micro Terms for the Post-COVID-19 Era

In today’s unprecedented transformation in the global socio-economic system caused by the COVID-19 pandemic crisis and the escalating fourth industrial revolution, reinforcing innovative entrepreneurship appears a significant policy objective that can lead to overall socio-economic development. In this drastically changed context, entrepreneurship support policies seem that they need to be both conceptually and practically readjusted, simultaneously at the macro, meso, and micro levels. This paper investigates the case of public entrepreneurship policies in the European Union (EU), aiming to find specific patterns and suggest a new multilevel policy framework. Initially, the article offers a brief overview of the related trends created in the emerging post-COVID-19 era. Next, the “competitiveness web” perspective in terms of “macro-meso-micro” level synthesis is presented, considering that it can function as a theoretical framework for entrepreneurship reinforcement. Recent EU entrepreneurship support policy guidelines are then explored, emphasizing the latest trends and the development opportunities arising with the EU Recovery and Resilience Facility establishment to deal with the consequences of the current health and socio-economic crisis. Upon this basis, the paper concludes in a proposal for an integrated “macro-meso-micro” policy, placing at the epicenter the mechanism of the Institutes of Local Development and Innovation (ILDI). This policy aims to strengthen the spatially-located firms to reposition and readapt the “Stra.Tech.Man” potential they have and activate in their local business ecosystem (strategy-technology-management synthesis).

Mediterranean city: constructing a social attractor (the example of Barcelona)

The paper analyzes the experience of Barcelona in constructing a city as a social attractor, an area to which the global socio-economic system gravitates. The role of positive changes in the urban environment, the introduction of intelligent technologies of urban management, linking the city with global flows in ensuring the attractiveness of the Mediterranean city are consistently analyzed. The authors define the fundamental structure of the Mediterranean urban attractor, including openness and accessibility of the sea, internal and external transport accessibility, comfortable urban environment, introduction of smart city technologies and connectivity with the global economy.

ІНТЕЛЕКТУАЛЬНИЙ КАПІТАЛ: ЕКОНОМІЧНА СУТНІСТЬ, ФОРМУВАННЯ ТА УПРАВЛІННЯ

У статті розглядаються питання сутності та особливостей економічної категорії «інтелектуальний капітал» в умовах становлення та розвитку біоекономіки й зеленого підприємництва. Проведене дослідження доводить важливість розробки системи управління інтелектуальним капіталом підприємства, що здатна забезпечити реалізацію специфічних функцій, які обумовлені особливостями сучасного змістового наповнення економічної категорії «інтелектуальний капітал підприємства» та зростанням ролі нематеріальних активів у формуванні довготривалого успіху підприємства в умовах перманентно турбулентного економічного середовища. Управління інтелектуальним капіталом підприємства має також взяти на себе функції координуючого центру із забезпечення комплементарності всіх існуючих складових систем управління на рівні суб’єкта підприємницької діяльності.

Вызовы современности в ретроспекции долгосрочного тренда развития колониализма

Relevance. The global structural crisis of the liberal socio-economic system indicates the need to resolve the accumulated contradictions, which is possible only if they are comprehensively analyzed, and the reasons for their generation are found. In particular, under these conditions, the political economic approach to the analysis of the global socio-economic system, which previously revealed its inherent hierarchy, is being reactulated. Thus, the study of the socio-economic system of neocolonialism is becoming relevant again. The purpose of the study is to identify the features of the socio-economic system of neocolonialism as one of the main causes of the global structural crisis that has arisen. Objectives. This goal is achieved by solving the following objectives: identifying the socio-economic system of neocolonialism that really exists on a global scale, which continues to exist and develop after the nominal collapse of empires in the 60’s of the 20th century, as well as representing its destructive impact on the development of the global socio-economic system. Methodology. The solution of these tasks is carried out by applying general scientific research methods within the framework of logical, statistical and comparative analysis. The result of the conducted research is the confirmation of the existence of the socio-economic system of neocolonialism, which has a decisive influence on the global socio-economic system. Conclusions. The conducted research is applicable for the structural analysis of global socio-economic processes, as well as the formation of interdisciplinary theoretical models that reveal the destructive processes taking place in the modern market world system and allow in the search for ways out of the current global comprehensive crisis, which is especially relevant for Russia, which is in a colonial situation, and has the whole range of properties characteristic of the countries of the periphery of the world capitalist system, which entails all the challenges inherent in this situation.

СУТНІСНА ТА СТРУКТУРНА ХАРАКТЕРИСТИКА КРЕАТИВНОГО КЛАСТЕРА

This article is devoted to the essential and structural characteristics of the creative cluster as one of the types of organ-ization of creative space. The current stage of functioning of the global socio-economic system is characterized by the transi-tion from industrial to post-industrial development, which is accompanied by the functioning and growing development of creative economy, which is a direction of development centered not material but intellectual, creative, human resources trans-formation and implementation through the creation of creative, original and unique ideas, solutions, projects, etc. to obtain new products, products, services, income, success, achieve and increase competitiveness and uniqueness. In view of this, the article examines the concepts of "cluster" and "creativity" in the article to study the essence of the creative cluster, as well as a scientific review of various views of both domestic and foreign scientists on the definition of "creative cluster". multifunc-tional creative space that unites representatives of creative professions and entrepreneurs in the field of art, culture, science to generate ideas. The purpose and tasks of creative clusters in the process of their formation and functioning are considered, the features of creative clusters are given, among which the following are singled out: interaction, specialization, geograph-ical concentration and local orientation, competition and cooperation, resource dependence, innovation, etc. The relation-ship between the processes of creation and functioning of the creative cluster and revitalization is revealed. Also,within the framework of this article the structural elements of creative clusters were singled out, which include, firstly, the idea that can be considered the core of the cluster, and secondly, the space formed around the idea presented in the form of exhibition halls, conference rooms. halls, etc. Among the highlighted factors that have a positive impact on the creation of creative clus-ters are the following: the presence of creative people, professionals and their cooperation; place of operation, such as professional locations, creative districts, hubs, creative cities, etc.; availability of a market for created creative products and services, etc.

Mutations of the Emerging New Globalization in the Post-COVID-19 Era: Beyond Rodrik’s Trilemma

Today’s tensions and challenges at the global governance level seem to constitute structural expressions of the global system’s mutations towards the post-COVID-19 era. This study examines whether the structural changes observed in various socio-economic dimensions and interdependent spatial levels due to the pandemic crisis are accelerating the emergence of a new phase of global governance. It investigates whether Rodrik’s trilemma (the incompatibility of synchronously achieving national sovereignty, democracy and globalization) seems to be relatively inadequate to approach today’s emerging global reality and challenges comprehensively. After an elliptic overview of world governance’s evolutionary shaping and reaching the present-day necessarily repositioned role of Brazil, Russia, India, China and South Africa (BRICS), we argue that these countries must no longer be perceived as emerging exceptional cases but as central participants, equally responsible for promoting a more balanced and sustainable development perspective for the less developed socio-economic formations and the entire global socio-economic system’s stability. We conclude that in the progressively shaped ‘new globalization’, which is a distinct evolutionary phase of the international economy and international relations, Rodrik’s trilemma seems to some extent analytically insufficient since there is no more a sustainable optimum in any of its coupled dimensions, which could allow a viable exit from the current crisis.

Innovative Technology in Terms of Socio-Economic Value Diffusion: Accounting and Analytical Support

The potential of using information technology for socio-economic development of the country and the life quality of every citizen is quite significant now in Ukraine. The aim of the article is to study the modern possibilities of using information technologies, namely, adaptations of accounting and analytical support in the conditions of diffusion of socio-economic values to increase the welfare of the population. The methods of divergence and convergence, rationality and irrationality were used in the work - to search for effective tools for regulating national and international financial relations in Ukraine in the context of the challenges of globalization; methods of analysis of cognitive data – to determine the forms and directions of digital hygiene in Ukrainian society; conceptualization of consequences and the duality of assessing results - to illustrate the reflection of the current state of development of the analytical basis and levelling Ukraine’s dependence on financial hedonism, which currently prevails in the world. Specific areas of application of innovative technologies are proposed, such as tourism services and hotel and restaurant business. Ensuring the competitiveness of national industries as a result of their use of innovative behaviour and the development of new technologies and the accumulation by economically active subjects of innovative knowledge and empirical skills ensures the introduction of new information technologies in various spheres of human life, with no exception of tourism and restaurant industry. The modern industry of restaurant and tourism business has been actively using specialized software and global computer networks in recent years to increase the efficiency of the placement and search of information, the activation of promotion and services marketing, and the improvement of the quality of customer service, as this is an important condition for the quality of such services. Thus, integration aspirations in the global socio-economic system should be supplemented by facilitating access to advanced information technologies within the country itself. This is a necessary condition for the process of diffusion of socio-economic development and innovative knowledge that should be accumulated in the country.
 Keywords: innovation, technology transfer, welfare, socio-economic development, accounting and analytical support

Can Digitization Mitigate COVID-19 Damages? Evidence from Developing Countries

The COVID-19 pandemic poses a fundamental challenge to the global socio-economic system, forcing countries to reexamine social practices and production systems otherwise considered normal until the end of last year. The work presented in this paper uses empirical evidence to highlight the important role digital technology could play in mitigating the pandemic’s disruption while evaluating the level of preparedness of developing countries to face this challenge. We provide evidence on the evolution of current traffic and speed levels of broadband networks, and we use empirical data to analyze the digital resiliency of developing countries in terms of households, production processes, governments, and the extent of telecommuting. Our overall conclusion is that developing countries are significantly lagging the most advanced ones in terms of preparedness. Therefore, we believe that public and private sectors in these countries must collaborate and work together to promote the enhancement of the digital ecosystem. Several measures can be taken to accommodate the current increase in Internet traffic, such as accelerate the deployment of base stations for mobile broadband (by reducing the permit requirements), temporarily allocate additional spectrum to operators to face traffic spikes, require video streaming providers to reduce traffic from high definition content, and consider the need to increase unlicensed spectrum to resolve Wi-Fi router bottlenecks. Other relevant measures include stimulating technology companies to develop platforms that can improve efficiencies in the supply chains, and to encourage them to promote telecommuting. Finally, more investment will be needed in the training of the most vulnerable population groups to decrease unemployment rates.