Digital Economy Compass 2022

As 2021 was about to end, there was a broad sense of optimism for the year ahead, a "back to normal" after the pandemic. In fact, the second half of 2022 saw a gradual lifting of most limitations put in place to stop the spread of COVID-19. However, there is little question that the Russian invasion of Ukraine was the event that had the greatest impact on the year. In addition, the unexpected war had a significant effect on the world economy, leading to substantial rises in the cost of food and energy as well as an overall global surge in inflation rates, which led to aggressive monetary tightening and uncertainties triggering a global cost-of-living crisis. Because of these new uncertainties, some topics related to the digital economy need to be re-evaluated.