The Role of Information Technology in Improving the Quality of Information and its Implications for Economic Development

Muhammad Eid Balbaa, Maha Ibrahim, Samandarboy Sulaymanov, Durdona Davletova

Tashkent State University of Economics, Uzbekistan

Emails: m.balbaa@tsue.uz; m.abdelazim@tsue.uz; s.sulaymanov@tsue.uz; d.davletova@tsue.uz

 

Abstract

 

The world is witnessing today a new reality characterized by dynamism and speed of change because of the revolutions that the economy has undergone, especially the information and communication technology revolution, which led to an increase in interest in producing information and delivering it to decision makers in a timely manner to make rational decisions, contributing to advancing the wheel of economic development forward. The research aims to clarify the role of information and communication technology in improving the quality of information and the implications of this information on investment decisions that achieve economic development.

Keywords: Information Technology (IT); Economic Development; Accounting Information; Decision Making; Investment; Governance.