DIGITALIZATION AS A FACTOR OF DEVELOPMENT OF WORLD ECONOMY

This article analyzes digitalization as a factor of development of world economy. It has been established that conversion to the model of digital economy is accompanied by new qualitative modifications of social and economic relations both at the governmental level and at the level of business entities. This process is characterized by new capabilities and hazards. It has been revealed that the fraction of internet economy increases in gross domestic product, though, the digital transformation will deal with all sectors of most countries of the world. At the same time, in order to estimate the efficiency of digital economy, it is necessary to have common and unique procedures, which are currently unavailable. Therefore, the development strategy of digital economy cannot be established just to verify the new concept.

Authors
Latysheva Z.I.1 , Skripkina E.V.1 , Kramarova T.Y. 2 , Gracheva N.A.3 , Istomina M.M.4
Publisher
UNIV ESTADO RIO GRANDE NORTE
Language
English
Status
Published
Year
2020
Organizations
  • 1 Kursk State Agr II Ivanov Acad, Fed State Budget Educ Estab Higher Educ, 70 Karl Marx St, Kursk 305021, Russia
  • 2 Peoples Friendship Univ Russia, 6 Miklukho Maklaya St, Moscow 117198, Russia
  • 3 Southwest State Univ, 94,50 Let Oktyabrya St, Kursk 305040, Russia
  • 4 Int Inst Econ & Law, 3 Rubcovskaya Naberezhnaya, Moscow 105082, Russia
Keywords
digitalization; world economy; digital economy; virtual reality; money; equivalent
Date of creation
19.05.2021
Date of change
19.05.2021
Short link
https://repository.rudn.ru/en/records/article/record/73501/
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