“…The positive relationship observed in panel C between economic growth and digitalization aligns well with the positive correlations demonstrated in the other scatter plots between digitalization and governance, as well as governance and growth. These interconnected relationships emphasize a reinforcing cycle that can contribute significantly to the region's development, supports the theoretical hypothesis of the study, and aliens well with the-limited-empirical studies that examined the hypothesis in a way or another (Labhard and Lehtimäki, 2022;Nguyen, 2021).…”