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Specialists: The knowledge economy is capable of moving production and increasing development
Economical 2023/05/13
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Baghdad: The Emad of the Emirate
Those concerned with economic affairs stressed the need to give the technological aspect the utmost importance in the work of all governmental joints, and actively strive to use the latest developments of the information revolution, especially in the field of modern communications, while they praised the government's efforts to use electronic payment methods in all aspects of life. They stressed that the knowledge economy has become the starting point for many productive, investment, agricultural, industrial, banking and transportation sectors.
The digital transformation process, according to the spokesman for the General Secretariat of the Council of Ministers, Haider Majeed, “is of utmost government importance, and the e-governance file receives direct attention from the Prime Minister, Muhammad Shia’a al-Sudani, who stressed the need to include it in the ministerial program.”
In the midst of this, the Rafidain Bank yesterday implemented the electronic collection system in customs, ports and taxes, in a step that enhances the process of transformation towards the "electronic economy" and leads to the elimination of corruption, while those concerned with the economic affairs see the "digital transformation" of currency circulation, which the Prime Minister stressed To start it actually early next month, it represents an important starting point for the national economy, stressing that this step will basically eliminate corruption and bribery, and facilitate commodity exchanges and money transfers.
According to the specialist in economic affairs, Dr. Ahmed Al-Rawi, “the modern economy relies mainly on information, digitalization, and software, and this transformation has been called many names, including the digital economy and the information and knowledge economy,” noting that the digital economy indicates that “the creation of wealth has moved From materials, buildings and machines to digital knowledge and software information.
Al-Rawi pointed out that "the principles of this type of modern economy are taking root with the progress made in the knowledge levels to confront the traditional economy, and lead to the adjustment of the international economic system," stressing "the need to implement the mechanisms of transformation towards this type of economy in Iraq, and work to lay the foundations on which In light of it, an economic system based on knowledge and technology can be built,” praising at the same time government moves aimed at eliminating paper circulation, and adopting technology in the buying and selling movement and government reviews, noting that “this step will eliminate many negative phenomena, especially corruption and delay.” What is happening in government audits, as well as the elimination of counterfeit currency.
Member of the Iraqi Economists Association, Dr. Ikram Abdel Aziz, showed that the knowledge economy includes the communications and information technology sector in addition to digital activities in the rest of the commodity and service production sectors, and is mainly rooted in businesses related to tourism, insurance, transportation and communications.
Abdulaziz confirmed that the size of the knowledge sector is witnessing a clear growth in recent times, despite the existence of some difficulties in the process of estimating the size of these sectors, calling for intensifying digital transformation efforts in Iraq, and working to abolish the paper circulation system in all governmental and private institutions.
Dean of the College of Business Economics, Dr. Nagham Hussein, explained that the acquisition of knowledge in all fields in general and in the field of information and communication technology in particular plays a prominent role in improving the process of human development and in building a knowledge society from which a knowledge economy emerges with encouraging economic growth rates.
Dr. Hussein continued that acquiring knowledge is not limited to building a national knowledge base, but also requires reaping and adapting existing knowledge in other places through wide openness to the developed world, encouraging the free flow of knowledge, establishing links with global markets, and attracting foreign investment.
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