Article: State policy of transition to Society 5.0: identification and assessment of digitalisation risks Journal: International Journal of Public Law and Policy (IJPLAP) 2021 Vol.7 No.4 pp.334 - 350 Abstract: The research is aimed at studying the essence of Society 5.0 as an advanced stage of digital development, where the received digital and economic resources are redirected to solving social problems. It is determined that the basis of the state policy is the management of digitalisation risks. The authors systematised the digitalisation risks: level 1 - information and technological risks; level 2 - socio-economic risks; level 3 - societal risks. The authors formulated recommendations for reducing risks of level 1 and proposed a methodology for assessing risks of levels 2 and 3 based on statistical methods. The authors identified directions of ensuring the transition to Society 5.0: the state policy of levelling information risks of digitalisation; the state policy of digital alignment and maintaining social well-being. Research methods used were the method of theoretical analysis, a systematic approach, the method of economic analysis and synthesis, and statistical methods. Inderscience Publishers - linking academia, business and industry through research

Title: State policy of transition to Society 5.0: identification and assessment of digitalisation risks

Authors: Evgeniya K. Karpunina; Irina V. Kosorukova; Alexander A. Dubovitski; Gulnaz F. Galieva; Eleonora M. Chernenko

Addresses: Tambov State University named after G.R. Derzhavin, Tambov, Russian Federation ' Moscow University for Industry and Finance 'Synergy', Moscow, Russian Federation ' Michurinsk State Agrarian University, Michurinsk, Russian Federation ' Financial Research Institute, Ministry of Finance, Moscow, Russian Federation ' Kuban State Technological University, Krasnodar, Russian Federation

Abstract: The research is aimed at studying the essence of Society 5.0 as an advanced stage of digital development, where the received digital and economic resources are redirected to solving social problems. It is determined that the basis of the state policy is the management of digitalisation risks. The authors systematised the digitalisation risks: level 1 - information and technological risks; level 2 - socio-economic risks; level 3 - societal risks. The authors formulated recommendations for reducing risks of level 1 and proposed a methodology for assessing risks of levels 2 and 3 based on statistical methods. The authors identified directions of ensuring the transition to Society 5.0: the state policy of levelling information risks of digitalisation; the state policy of digital alignment and maintaining social well-being. Research methods used were the method of theoretical analysis, a systematic approach, the method of economic analysis and synthesis, and statistical methods.

Keywords: digital development; social development; Society 5.0; digitalisation risks; state policy; security; social changes; risk assessment.

DOI: 10.1504/IJPLAP.2021.118895

International Journal of Public Law and Policy, 2021 Vol.7 No.4, pp.334 - 350

Received: 09 Mar 2021
Accepted: 30 Jun 2021
Published online: 09 Nov 2021 *

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Title: State policy of transition to Society 5.0: identification and assessment of digitalisation risks

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