Abstract

Current economic development trends are based on a modernization concept. This concept provides a transition to an innovative path of economic development. The priority is to increase the strategic competitiveness necessary to ensure a technological breakthrough. These changes cause an institutional and technological transformation. The result is the formation of a transformational economy. Transformation processes caused by the transition of many countries to the post-industrial era (this era is based on fundamentally new information and communication, bio, nano and other technologies) affect the economy and are reflected in state economic policy. The article forms the conceptual foundations of the implementation of state economic policy in the era of technological and social transformation. The authors substantiated the basic principles of politics, taking into account the challenges of the 4th industrial revolution. The article provides a comparative analysis of Russia and individual countries of the world to achieve the goals of implementing state economic policy in the conditions of technological and social transformation. The purpose of the study is to justify the modern directions of the implementation of state economic policy of digital globalization.

Highlights

  • Global trends require the activation of ways to increase the competitiveness of any country, which objectively implies the need for innovation and digitalization of all spheres and areas of economic activity

  • The purpose of the study is to justify the modern directions of the implementation of state economic policy of digital globalization

  • To achieve this goal it is necessary to solve some research tasks: 1) the study of the evolution and nature of state economic policy, as well as a comparative analysis of Russia and individual countries of the world to achieve some of the applied goals of its implementation in modern conditions of development; 2) the conceptual foundations of the implementation of state economic policy in the era of technological and social transformation are formed, aimed at substantiating its basic principles taking into account the challenges of the fourth industrial revolution; 3) perform a comparative analysis of Russia and individual countries of the world to achieve some of the applied goals of the implementation of state economic policy in modern conditions of development

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Summary

Introduction

Global trends require the activation of ways to increase the competitiveness of any country, which objectively implies the need for innovation and digitalization of all spheres and areas of economic activity. One of the main factors holding back this development of both a particular region and the country as a whole is currently the imperfection of the ongoing socio-economic reforms [1, 2, 3, 4]. In this regard, there is a need to justify current trends in the implementation of state economic policy and its tools. The purpose of the study is to justify the modern directions of the implementation of state economic policy of digital globalization. To achieve this goal it is necessary to solve some research tasks: 1) the study of the evolution and nature of state economic policy, as well as a comparative analysis of Russia and individual countries of the world to achieve some of the applied goals of its implementation in modern conditions of development; 2) the conceptual foundations of the implementation of state economic policy in the era of technological and social transformation are formed, aimed at substantiating its basic principles taking into account the challenges of the fourth industrial revolution; 3) perform a comparative analysis of Russia and individual countries of the world to achieve some of the applied goals of the implementation of state economic policy in modern conditions of development

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