Journal Article: "Research on the Performance of Digital Economy Governance from the Perspective of Integrating Development and Security"

Title: Research on the Performance of Digital Economy Governance from the Perspective of Integrating Development and Security

Authors: Ping Lang, Kun Lang

Language: Chinese

Publication: World Economics and Politics, No. 8, August 2023, 1006-9550: 87-108

English Abstract: 

The key to digital economy governance is to balance the goals of both development and security. Based on the theoretical framework of the Theoretical Outline for National Security Studies for the New Era and the characteristics of the digital economy, the authors classify digital economy governance into four scenarios, namely, the benchmark scenario, the dependent cooperation scenario, the great power competition scenario, and the shared governance scenario. The authors analyze and compare the performance of representative countries in integrating development and security under different scenarios, and find that (1) in the benchmark scenario, representative countries' investment in digital security should stop at the equilibrium security level; (2) in the dependent cooperation scenario, a "center-periphery" digital hegemony system will be formed, which will solidify and exacerbate the inequality in the development of the digital economy; (3) the great power competition scenario may lead to the dilemma of "digital security race"; (4) the shared governance scenario helps to achieve the goal of maximizing total welfare. Further, by analyzing the EU digital economy governance model, the US-Japan digital economy cooperation model, and the Sino-US digital competition model, the authors find that all the three digital economy governance models result in certain welfare losses. China's initiative of building a community of shared future in cyberspace can give full play to the role of technology, data and security as public goods, promote cooperation among countries, and help achieve a dynamic balance between high-quality development and high-level security in the global digital economy.