Digital economy and innovation: how digital technologies can aid the economic recovery of the BRICS nations

Covid-19 crisis has had a tremendous impact on society, economy and businesses, and is likely to significantly accelerate the shift to digital and the pace of the industry 4.0. Digitally agile business models are successfully adapting to the current situation. However, some smes are facing an alarming digital skills gap and it is of the utmost importance for the BRICS governments to act in conjunction with the private sector to support digital transformation and skills. The key issue is how the BRICS nations can work together through the covid-19 pandemic to build a healthy society and a more productive economy.