Journal of Siberian Federal University. Humanities & Social Sciences / Digital Transformations Tracks of Current International Economic Relations in the Context of Human Activity

Full text (.pdf)
Issue
Journal of Siberian Federal University. Humanities & Social Sciences. 2022 15 (7)
Authors
Revenko, Lilia S.; Revenko, Nikolay S.
Contact information
Revenko, Lilia S.: MGIMO University Moscow, Russian Federation; ORCID: 0000-0002-1519-1183; Revenko, Nikolay S.: Financial University Moscow, Russian Federation; ORCID: 0000-0002-0359-5201
Keywords
human activity; digitalization; international economic relations; regulation of foreign economic activity; foreign trade; transformation of regulatory environment; ICT; digital inequality
Abstract

Political, social, technological, cultural conditions and factors originating from various spheres of human activity impact international economic relations (IER), and this gives each stage of their development a pronounced originality. Digitalization as one of the most important tracks of the scientific and technological progress development actually reshapes international relationships by optimizing the use of resources to increase the sustainability and inclusiveness of the economy, building new digital industries, transforming economic relations and accelerating the promotion of goods and services. The changing competition nature in the international digital environment has actualized the problems of regulating foreign economic activity and strengthened the role of the state. To a greater extent, digitalization had an impact on such forms of IER as international trade and cross-border capital movement. The main vectors of digital transformations that have emerged include a change in the trade structure towards increasing the share of high-tech goods and services, primarily related to the information and communication group; the flow of business processes from traditional form to digital one; the expansion of digital inequality between market players and people from various countries due to different opportunities for access to digital ecosystems; the emergence of new forms of international division of labor. The article focuses on the regulatory aspect of the digitalization impact on the IER and emphasizes that the new “rules of the game” are in the active shaping stage in parallel with the development of digital technologies themselves

Pages
1001–1011
DOI
10.17516/1997-1370-0904
Paper at repository of SibFU
https://elib.sfu-kras.ru/handle/2311/145597

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