PROSPECTS FOR THE DEVELOPMENT OF THE DIGITAL ECONOMY IN THE GLOBAL SPACE

Abstract

The era of active development of digital technologies has significantly changed the lives of people, conditions for doing business, the work of government bodies. Starting from the last decades of the twentieth century. Тhe term digital economy appeared and is actively used in scientific circulation mickey. During this period, there was a breakthrough in the field of digital technologies, the development of the Internet and related services, which led to the digitalization of various spheres of life sti. Digitalization processes are global in nature, and their pace is increasing year by year. Because digital technologies can connect and connect people and businesses directly and across national borders, old approaches to regional economic integration may not be feasible in the near future. Humanity is now entering one of the most important periods in its history. The industrial era relied on expanded reproduction and the involvement of all available resources in the economic circulation. But this stage of development of the world economy is coming to an end. Until recently, industry required the creation of gigantic enterprises and social structures in order to take full advantage of economies of scale. Mass character, standardization, interchangeability became the hallmarks of the second half of the 20th century. In this situation, the importance of technology increases. Possession of high technologies, especially leadership in them, means a strategic advantage in the modern world. New advanced production technologies, for example, robotics, 3D printing, significantly reduce the share of labor costs in total costs, making it expedient to return some of the foreign production facilities of multinational companies to the parent jurisdiction or to neighboring states.The process of digital transformation of the world economy is uneven and various countries of the world are affected to varying degrees. As the world becomes more and more decentralized politically and economically, consumers, services, processes and businesses continue to be digitally integrated. The simultaneous growth of digital integration and economic nationalism is transforming the economic, political and business environment, creating a completely new model for the development of the world economy, which, in particular, is characterized by a slowdown in the dynamics of international trade in traditional goods and services, as opposed to information and IT services.