FORMATION AND DEVELOPMENT OF THE DIGITAL ECONOMY

Анотація

The article examines the main trends of digitization of the economy in modern conditions. The formation and development of the digital economy allows for movement, obtaining information, goods and services and is a fundamental trend in the development of all spheres of economic activity. The development of digital technologies in the economic sphere contributes to the further increase in the efficiency of the socio-economic systems and the improvement of the well-being of the country's population as a whole. The digital economy also promotes the development of business and opens up new opportunities for it. There is no doubt that the digital economy has significant advantages and opportunities, but on the other hand, the implementation of the digital economy is associated with some risks and problems that require the state, society and business to adapt to new realities. Traditional definitions of the digital economy are related to the sale and supply of goods and services over the Internet. However, it should be noted that nowadays the boundaries of this concept have expanded significantly. We agree with the point of view of scientists that the digital economy is a separate type of economy and from this point of view we offer our own definition of the digital economy. The article analyzes world ratings and international indices used to analyze the formation and development of the digital economy, with the aim of identifying the strengths and weaknesses of the process of formation and development of the digital economy. As an information base, we chose eight world ratings and international indexes: the world rating of the country's global competitiveness, the World Bank rating, the rating based on the digital economy and society index, the global connectivity index, the business conditions rating, the network readiness index, the global innovation index. It was established that the main indicators of these ratings, which are used to determine the development of the digital economy of the country, are the quality of education, the level of development of education and science, the digital literacy of the population, the quality and timeliness of the regulatory and legal framework, technical and technological conditions, the formation and development of the financial and investment markets, the opportunity and willingness to invest in information and communication technologies and their infrastructure on the part of the state and business.

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