DIGITALIZATION OF THE WORLD ECONOMY: CURRENT STATUS AND TRENDS

Анотація

The study identifies the key characteristics of the digitalization process in the global economy and examines the impact of integrating digital technologies into the social and production systems of national economies. The advantages of digital technologies for economic development and growth are substantiated. Particular attention is paid to the influence of digitalization on the development of global supply chains and the creation of added value in final products. Using the Global Digitalization and Intelligence Index, the level of digitalization in highincome, upper-middle-income, lower-middle-income, and low-income countries is analyzed. Leading countries in terms of digitalization are identified according to their level of socio-economic development. Among high-income countries, the United States of America is recognized as a global leader in the production of digital products and in the implementation of digital technologies in economic processes. The geographical and spatial unevenness of digitalization across countries is identified. The main centers of the global digital economy are Western Europe, North America, and the Asia-Pacific region. The specific features of their development, as well as the strengths and weaknesses of the digitalization process, are characterized. Two major stages in the digitalization of the global economic system are distinguished. Special attention is given to the role of artificial intelligence in the processes of information creation, processing, storage, and utilization. The impact of digitalization on key sectors of economic activity, including trade, transport, services, and infrastructure, is analyzed. The findings indicate that digitalization has the greatest impact on the global wholesale and especially retail trade system by facilitating interaction between buyers and sellers of goods and services through artificial intelligence and personalized targeted marketing. The study also considers the influence of digitalization on the global transport and logistics sector and highlights the gradual implementation of digital technologies in public utilities and social infrastructure.

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