Principles of digitalisation of the state economy

Abstract

Background: The digitalisation of the world economy as a means of improving the quality of human life is becoming increasingly important. The essence of the digital economy is multifaceted and insufficiently studied, in particular, the concept of “digital economy” needs to be clarified, the principles for digitalisation of the economy for specific countries and ways to implement them need justification. Purpose: To explore the current trends for digitalisation of the world economy and on this basis to develop principles and ways to implement them at the state level. Materials and Methods: A set of theoretical methods was used: analysis of academic literature, current normative documents and draft legislative acts, as well as synthesis, comparison, generalization, systematization to define and substantiate the guiding principles for digitalisation of the economy and ways to implement them in Ukraine. Results: Current trends in the digitalisation of the world economy were studied. The essence of the concept of “digital economy” was clarified. We propose to understand the digital economy as a type of economic activity in the system of socio-behavioral and cultural relations with the use of digital technologies, characterized by the creation, collection, processing, storage, transfer and use of digitized resources. The guiding principles for digitalisation of the economy were justified: integrity, phasing, leading, innovation, adaptability, simplicity (accessibility). Ways of implementation were developed for each principle. They contain answers to key questions: what needs to be done? how to stimulate? what support should be provided by the state? Conclusions: This paper reveals the current trends of digitalisation of the world economy and provides responsible persons, who determine the country policy, the guiding principles for defining and implementing digitalisation strategies in the most appropriate sectors of the economy at the state level