THE IMPACT OF DIGITALIZATION ON THE DEVELOPMENT AND SUCCESS OF INTERNATIONAL ECONOMIC ORGANIZATIONS

Abstract

While the opportunities offered by technology to people were very limited in the period before 2000, information technology, which is used as a universal means of progress today, has become an indispensable element of the globalizing world by making it easier to access scientific information. With the increasing level of digitalization, there has been a rapid transformation in technology and it has become extremely difficult to keep up with this transformation. In the 21st century, which is accepted as the digital age, the developments in technology have made human life easier on the one hand, and on the other hand have caused the society to become dependent on technology. In the century we have been living in, international economic organizations have rapidly adapted to the developments in technology and the transformation process and have effectively used the advantages provided by technology to themselves. It is seen that international organizations, especially after the Second World War, have taken on extremely important tasks in terms of shaping international markets. Especially in meeting the funding needs of the international market, international economic organizations play an important role. Along with globalization, some international financial institutions such as the World Bank and the International Monetary Fund (IMF) have been significantly affected by recent rapid technological developments. In this context, thanks to the developments in technology, international financial institutions have had the opportunity to transfer the financial resources under their control to the countries or unions in need easily and quickly. Due to this importance, developments in technology are closely monitored by international economic organizations. With this study, it is aimed to examine the development of international economic organizations in the digitalization process and to evaluate the impact of digitalization on the success of international economic organizations by clarifying both positive and negative aspects by data analysis method