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This paper focuses on the leading modern approaches to the governmental regulation of the digital economy. In particular, it assesses the best world’s practices in such digitally advanced countries as EU Member States, Israel, Mexico, India, or P.R. China. Digital economy is becoming increasingly popular and ubiquitous, but it brings such issues as cyber security, hacking, shadow economy and even the violation of human rights. All those developments call for tighter control over the digital realms of economy which is subjected to more transparent and stricter government regulation of these sectors. Our results demonstrate that regulators worldwide need to concentrate on tackling misuse and breaches in the digital economy and engage in mutual learning in order to share and to transfer the best practices. This initiative represents the leading and most needed step that is necessary for moving forward and embracing more technological advancements into all parts of our social and economic lives. Moreover, it appears necessary to build an international cooperation in the sphere of regulation of the digital economy with the purpose of linking databases and joining efforts for higher efficiency and safety of all the parties involved.

Leading trends in regulation of digital economy: best world’s practices