An Innovative Digital Platform for Socioeconomic Forecasting Climate Risks and Financial Management

This article presents an innovative methodology for enhancing statistical databases as reliable sources of information. The study leverages data from “Big Data of the Modern Global Economy: A Digital Platform for Data Mining—2020”, which serves as a digital tool designed to predict economic development at both global and national levels, particularly in the context of the COVID-19 crisis and its aftermath. Utilizing a dataset focused on the G7 and BRICS nations as a case study, we assemble forecasts for several key indicators: the Digital Competitiveness Index, Global Innovation Index, Human Development Index, Gross Domestic Product (GDP), Economic Growth Rate, GDP per Capita, Quality of Life Index, Happiness Index, and Sustainable Development Index for 2021. Additionally, we conducted a plan-fact analysis. The accuracy of the post-pandemic economic recovery forecast is validated through comparison with actual data. Furthermore, this research provides statistical analyses and forecasts to minimize uncertainty during crises, considering the interconnected nature of climate change and financial factors inherent in these crises.

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Publication Details

Journal
Journal of risk and financial management
Published
2025-05-17
DOI
https://doi.org/10.3390/jrfm18050277
Citations
2
Primary Topic
Economic and Technological Systems Analysis
Type
article
Field-Weighted Citation Impact
5.52
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article

An Innovative Digital Platform for Socioeconomic Forecasting Climate Risks and Financial Management

Bruno S. Sergi, Yelena Petrenko, Shakhlo T. Ergasheva, Elena G. Popkova et al.
2 citations
Journal of risk and financial management
Economic and Technological Systems Analysis
5.52
article

An Innovative Digital Platform for Socioeconomic Forecasting Climate Risks and Financial Management

Bruno S. Sergi, Yelena Petrenko, Shakhlo T. Ergasheva, Elena G. Popkova, Mkhitar Aslanyan, Vahe Mikayelyan
article en
2 citations

Abstract

This article presents an innovative methodology for enhancing statistical databases as reliable sources of information. The study leverages data from “Big Data of the Modern Global Economy: A Digital Platform for Data Mining—2020”, which serves as a digital tool designed to predict economic development at both global and national levels, particularly in the context of the COVID-19 crisis and its aftermath. Utilizing a dataset focused on the G7 and BRICS nations as a case study, we assemble forecasts for several key indicators: the Digital Competitiveness Index, Global Innovation Index, Human Development Index, Gross Domestic Product (GDP), Economic Growth Rate, GDP per Capita, Quality of Life Index, Happiness Index, and Sustainable Development Index for 2021. Additionally, we conducted a plan-fact analysis. The accuracy of the post-pandemic economic recovery forecast is validated through comparison with actual data. Furthermore, this research provides statistical analyses and forecasts to minimize uncertainty during crises, considering the interconnected nature of climate change and financial factors inherent in these crises.

Journal of risk and financial managementVol. 18(5)
Plekhanov Russian University of Economics (RU), University of Messina (IT), Armenian State University of Economics (AM), Tashkent State University of Economics (UZ)
Openalex Percentile: Top 5%
Economic and Technological Systems Analysis
5.52
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An Innovative Digital Platform for Socioeconomic Forecasting Climate Risks and Financial Management — Bruno S. Sergi, Yelena Petrenko, et al. · Journal of risk and financial management (2025) | TGRS Research Map | TGRS