Dr. Abdalaizm Khafi indicates that all economic analyses confirm that the success of economic models in the world depends on the level of their correlation with the advances of contemporary technological epochs, which increasingly penetrate different aspects of social, economic, cultural, peaceful, and military life, and influences one or other way on the life of people. The possession of technological instruments and the ability to localize them has become important criteria for assessing the level of development of a country. Countries that are limited by the purchase of modern machines and equipment lose the possibility to develop imported technology or even know its secrets, since control over technologies is exercised through knowledge, and through research and development systems, rather than only through their appropriation.
"Technologies are changing the world in which we live, and this is a huge challenge for contemporary economic theories and models," noted Dr. Khafi. In this regard, it is important for countries not only to follow new technologies but also actively implement and develop them in their economy. This allows not only to be at the forefront in various industries but also to create a sustainable foundation for future development.
Thus, modern economic challenges require a new view on the role of technologies and their influence on the development of countries. Countries capable of not only adopting the latest technologies but also creating their own innovations will find themselves in a leading position. For this, it is necessary to invest in scientific and technological development, education, and the creation of infrastructure conducive to technological progress.
