WORLD EXPERIENCE AND UKRAINIAN REALITIES OF DIGITAL TRANSFORMATION OF REGIONS IN THE CONTEXT OF THE INFORMATION ECONOMY DEVELOPMENT

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DOI:

https://doi.org/10.18371/fcaptp.v3i38.237462

Abstract

Аbstract. The current state of the implementation of digital technologies in Ukraine and the world in the context of the information economy development is studied. The key differences are identified, the need for systematic action at both regional and national levels for the effective implementation of digitalization is substantiated. Data on the level of the digital economy development in Ukraine in general, and in the regions in particular, as well as examples of successful implementation of digitalization in some countries, are presented. It is investigated that Ukraine is one of the first places in Europe in terms of population with the Internet access.

It is established that the process of digitalization of Ukraine’s economy is qualitatively different from that in developed countries. In the context of rapid development of information economy in order to bridge the existing gap with developed countries in the digitalization process, Ukraine needs to implement a number of measures, including: creating a regulatory framework for digital economy, introducing and promoting digital platforms and services for business and population, establishing education systems in order to effectively train specialists in the digital age, creating an effective digital infrastructure, promoting the implementation of Industry 4.0 technologies in industry, etc.  The implementation of the proposed actions will bring Ukraine closer to the digitalization level of developed countries and increase social and economic development of the state.

The article outlines the components of digital transformation of the regions of Ukraine, among which the emphasis is on creating an effective digital infrastructure; the introduction of Industry 4.0 technologies in industry; e-government and training of the workforce according to the requirements of digital economy. It is noted that the digitalization process should be systemic in nature at both national and regional levels.

Keywords: digitalization, digital transformation, region, regional economy, information economy.

JEL Classіfіcatіon O50; R11

Formulas: 0; fig.: 1; tabl.: 1; bibl.: 25.

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Published

2021-06-30

How to Cite

Samoilovych, A., Garafonova О., Popelo, O., Marhasova, V., & Lazarenko, Y. (2021). WORLD EXPERIENCE AND UKRAINIAN REALITIES OF DIGITAL TRANSFORMATION OF REGIONS IN THE CONTEXT OF THE INFORMATION ECONOMY DEVELOPMENT. Financial and Credit Activity: Problems of Theory and Practice, 3(38), 316–325. https://doi.org/10.18371/fcaptp.v3i38.237462

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Section

Economic-theoretical aspect of Financial Credit System's development