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15.07.2025
Strategic investments for global economic growth
1. Introduction
Global economic growth means increased production of goods and services on the planetary scale. In the increasingly interconnected world, this growth requires strategic investments, i. e. target allocation of financial and human resources for projects and technologies that can offer significant competitive advantage.
In this context, development of communications plays a decisive role in economic growth acceleration, strengthening of international cooperation, and opening up of new opportunities around the world. The essay discusses strategic investments in communication that promote fulfillment of these tasks and arising of new platform for global growth.
2. Digital infrastructures
In the 21st century, digital infrastructures form the foundation of modern econ- omy. Investment in broadband unlimited Internet access is a reasonable choice to connect the most remote regions and developing countries to global markets.
According to International Telecommunication Union, approximately 3.7 billion people in the world still have no access to the Internet. Fast and reliable Internet promotes development of entrepreneurship, online education, and inno- vations. For example, research by McKinsey revealed that each increase in Inter- net penetration in the country by 10% can cause increase in its GDP by 1.38%. To achieve this, it is necessary to expand fiber optic and 5G networks and to develop
such innovative solutions as satellites in order to provide access in the most diffi- cult to reach areas. These investments are decisive for improved economic growth at the global level.
3. Improvement of communication technologies
Investments in advanced communication technologies, such as artificial intelligence (AI), augmented reality (AR), and virtual reality (VR), as well as their integration in communication platforms, promote more efficient interaction and improved customer experience. For example, according to research by PwC, 86% of enterprises believe that AI will help them to improve their competitiveness.
Enterprises can use AI to analyze consumer behaviour, which makes it possi- ble for them to better meet requirements of their clients all over the world. Besides, such technologies as augmented reality are already being used by various enter- prises like IKEA that allows customers to see how furniture would look in their home before buying it.
4. Joint platform promotion
Investments in safety and efficiency of joint communication platforms, such as video conferencing tools and professional social networks, are crucial for promotion of cooperation between enterprises, governments, and educational institutions at the global level. For example, the video conferencing tools market witnessed sharp rise during the COVID-19 epidemic; in April 2020, Zoom application was used by 300 million members daily. Use of its sohware products increased 30 times in April 2020, as coronavirus pandemic forced millions of people to work, study, and meet remotely, which increased the trade turnover of this company by 169%.
It is also possible to add the Telegram messenger here, development of which has an impact on African countries. According to research by Bitget, due to mass usage of Telegram to exchange information and for educational purposes, cryp- tocurrencies have seen significant growth in Africa. Due to the young population that got the opportunities to communicate with each other, millions of new users choose cryptocurrencies to meet the economic needs and use the environment that is favourable for financial innovations.
Link: https://www.bitget.com/blog/articles/bitget-research-reveals-telegram- trends-point-to-crypto-boom-in-africa-and-eastern-europe#
These platforms strengthen interaction between various economic subjects, which facilitates global partnerships and joint innovations. As it is highlighted in Chapter 6 of the book Towards a common investment area within the African con- tinental free trade area received from United Nations Economic Commission for Africa (UNECA), in the current global economic situation, decisions concerning international investments are important for the digital economy. Free circulation of international capital is unthinkable without electronic payment platforms and online banking services.
5. Investments in cybersecurity
Cybersecurity became the main priority. According to report by Cybersecurity Ventures, in 2025, global expenses on combating cyber attacks will reach USD 10.5 trillion. To protect confidential data and maintain consumer trust, governments and enterprises shall strategically invest in solid solutions associated with cyberse- curity. Secure digital environment is important for proper functioning of interna- tional trade and economic relations.
These investments shall include technical solutions, as well as user training in advance practices in the area of digital security. For example, such companies as IBM invest massively in cybersecurity, in 2021, its expenses on strengthening of solutions associated with security reached USD 1.5 billion.
6. Digital skills improvement
To provide people with the opportunity to adapt to the development of tech- nologies and give preference to professions that support the new economy, it is necessary to invest in education and professional training. According to the World Economic Forum, in 2025, 85 million jobs can be automated, but at the same time 97 million new jobs can be created.
It is necessary to develop digital skills of workers as soon as possible in order to fully embrace the connection at the global level. To prepare future economic leaders for global problems in the Internet age, it is necessary to promote improved digital literacy and train experts in the area of information technology (IT). Such initiatives as Digital Skills for Africa by Google are meant to train millions of people in digital skills required to succeed in digital economy.
Conclusion
Countries around the world have an opportunity to create favourable environ- ment for the formation of a new platform for global growth. Strategic investments in communications are required to stimulate this economic growth in the increas- ingly interconnected world. This demands better digital infrastructures, develop- ment of innovative communication technologies, promotion of joint platforms, improved cybersecurity, and investments in digital skills. All this comprises the main goal for political leaders, enterprises, and educational institutions that shall join their efforts to create sustainable, inclusive, and promising economic future.
Global economic growth means increased production of goods and services on the planetary scale. In the increasingly interconnected world, this growth requires strategic investments, i. e. target allocation of financial and human resources for projects and technologies that can offer significant competitive advantage.
In this context, development of communications plays a decisive role in economic growth acceleration, strengthening of international cooperation, and opening up of new opportunities around the world. The essay discusses strategic investments in communication that promote fulfillment of these tasks and arising of new platform for global growth.
2. Digital infrastructures
In the 21st century, digital infrastructures form the foundation of modern econ- omy. Investment in broadband unlimited Internet access is a reasonable choice to connect the most remote regions and developing countries to global markets.
According to International Telecommunication Union, approximately 3.7 billion people in the world still have no access to the Internet. Fast and reliable Internet promotes development of entrepreneurship, online education, and inno- vations. For example, research by McKinsey revealed that each increase in Inter- net penetration in the country by 10% can cause increase in its GDP by 1.38%. To achieve this, it is necessary to expand fiber optic and 5G networks and to develop
such innovative solutions as satellites in order to provide access in the most diffi- cult to reach areas. These investments are decisive for improved economic growth at the global level.
3. Improvement of communication technologies
Investments in advanced communication technologies, such as artificial intelligence (AI), augmented reality (AR), and virtual reality (VR), as well as their integration in communication platforms, promote more efficient interaction and improved customer experience. For example, according to research by PwC, 86% of enterprises believe that AI will help them to improve their competitiveness.
Enterprises can use AI to analyze consumer behaviour, which makes it possi- ble for them to better meet requirements of their clients all over the world. Besides, such technologies as augmented reality are already being used by various enter- prises like IKEA that allows customers to see how furniture would look in their home before buying it.
4. Joint platform promotion
Investments in safety and efficiency of joint communication platforms, such as video conferencing tools and professional social networks, are crucial for promotion of cooperation between enterprises, governments, and educational institutions at the global level. For example, the video conferencing tools market witnessed sharp rise during the COVID-19 epidemic; in April 2020, Zoom application was used by 300 million members daily. Use of its sohware products increased 30 times in April 2020, as coronavirus pandemic forced millions of people to work, study, and meet remotely, which increased the trade turnover of this company by 169%.
It is also possible to add the Telegram messenger here, development of which has an impact on African countries. According to research by Bitget, due to mass usage of Telegram to exchange information and for educational purposes, cryp- tocurrencies have seen significant growth in Africa. Due to the young population that got the opportunities to communicate with each other, millions of new users choose cryptocurrencies to meet the economic needs and use the environment that is favourable for financial innovations.
Link: https://www.bitget.com/blog/articles/bitget-research-reveals-telegram- trends-point-to-crypto-boom-in-africa-and-eastern-europe#
These platforms strengthen interaction between various economic subjects, which facilitates global partnerships and joint innovations. As it is highlighted in Chapter 6 of the book Towards a common investment area within the African con- tinental free trade area received from United Nations Economic Commission for Africa (UNECA), in the current global economic situation, decisions concerning international investments are important for the digital economy. Free circulation of international capital is unthinkable without electronic payment platforms and online banking services.
5. Investments in cybersecurity
Cybersecurity became the main priority. According to report by Cybersecurity Ventures, in 2025, global expenses on combating cyber attacks will reach USD 10.5 trillion. To protect confidential data and maintain consumer trust, governments and enterprises shall strategically invest in solid solutions associated with cyberse- curity. Secure digital environment is important for proper functioning of interna- tional trade and economic relations.
These investments shall include technical solutions, as well as user training in advance practices in the area of digital security. For example, such companies as IBM invest massively in cybersecurity, in 2021, its expenses on strengthening of solutions associated with security reached USD 1.5 billion.
6. Digital skills improvement
To provide people with the opportunity to adapt to the development of tech- nologies and give preference to professions that support the new economy, it is necessary to invest in education and professional training. According to the World Economic Forum, in 2025, 85 million jobs can be automated, but at the same time 97 million new jobs can be created.
It is necessary to develop digital skills of workers as soon as possible in order to fully embrace the connection at the global level. To prepare future economic leaders for global problems in the Internet age, it is necessary to promote improved digital literacy and train experts in the area of information technology (IT). Such initiatives as Digital Skills for Africa by Google are meant to train millions of people in digital skills required to succeed in digital economy.
Conclusion
Countries around the world have an opportunity to create favourable environ- ment for the formation of a new platform for global growth. Strategic investments in communications are required to stimulate this economic growth in the increas- ingly interconnected world. This demands better digital infrastructures, develop- ment of innovative communication technologies, promotion of joint platforms, improved cybersecurity, and investments in digital skills. All this comprises the main goal for political leaders, enterprises, and educational institutions that shall join their efforts to create sustainable, inclusive, and promising economic future.
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