Digitalization as a mainstream in the economic sphere in the conditions of the COVID-19 pandemic

2021 ◽  
pp. 7-16
Author(s):  
Julia Pasmor

Problem setting. The introduction of quarantine restrictions during a pandemic led to active use and development of remote technologies, digital transformation, dynamic network medium, open data platforms and other instruments. Mentioned instruments became effective means to promote innovation in all sphere of life of society. Educational institutions, research institutions, companies, organizations, facing new challenges, are trying to be as open to communication, exchange of ideas and developments, be prepared for transformations, socio-economic recovery, improvement of the system of interconnections. All this is possible only by using latest effective digital technologies, increasing the role and weight of electronic communications, virtualization of the process of information support for scientific research and development, attracting network-digital resources to the practical scope of the economy. Analysis of recent researches and publications. Problems and certain issues of digitalization are studied in the scientific works of O. Baranov, O. Dannikov, K. Sichkarenko, A. Zahorodnii, N. Kraus, O. Holoborodko, S. Hlibko, O. Kryvoruchko, V. Kokhan, V. Milash, Ye. Naiman, N. Norits, Yu. Nosenko, V. Panasiuk, Yu. Pasmor, D. Namiot, V. Fishchuk, V. Matiushko Target of research. The purpose of the article is to identify the main world trends of digestion in the COVID-19 pandemic. Article’s main body. The article presents the analysis results of the state of digitalization in the conditions of the COVID-19 pandemic. The main world trends of this process, which takes place with the involvement of the virtual environment and smart technologies to stimulate the innovative economy, are revealed. It is stated that quarantine restrictions, which affected all spheres of human life on all continents and negatively affected the economies of even developed countries, contributed to the intensification of digital transformation, making it a popular trend (the mainstream) in the economic sphere of development of the modern globalized world. It is concluded that a balanced policy of digitalization, quick adaptation of electronic communications to the tasks of stimulating the economy will significantly affect innovation, business, society. Conclusions and prospects for the development. The researches confirmed that the effect of digitalization will find its manifestation in the digital transformation, diversification of the economy, in formation of a modern business environment, innovative industries, in supporting of open science to overcome the structural weakness of the economy and the development of smart specializations, the development of startups, business incubators, science and technology centers, industrial parks, which are acting as drivers of interactive renewal of socio-economic processes, ensuring the welfare of the population.

Author(s):  
O. Krasivskyi ◽  
P. Petrovskyi

Problem setting. The coronavirus pandemic has spread across the planet, not only affecting the health of the population and the world’s medical system but also disrupting the global information space, economy and all other spheres of human life. Both domestic and foreign policies of states are changing. Success in overcoming the pandemic and its economic consequences is affecting security and polarization within societies. The pandemic leads to enhancing public power and strengthening nationalism, the intensification of rivalry between great powers, and strategic disunity. In this context, the paper objective is to consider authoritarian and democratic approaches to solving the problems of the current crisis. Recent research and publications analysis. The general scientific and scientific-journalistic literature has not yet created a generalized work on the socio-economic and political consequences caused by the crisis of the COVID-19 pandemic. However, some views caused by global crises are noted in the studies of J. Vynokurov, L. Kolinets, O. Nevmerzhytska, A. Petryk, and others. Ukrainian and foreign philosophers, political scientists, publicists A. Baumaster, O. Koval, R. Sushchenko, S. Walt, V. Katasonov, K. Mahbubani, J. Nai, Y. N. Harari expressed their reflections on the future development of the world after the pandemic. The famous American thinker F. Fukuyama notes that after a long crisis, the world will eventually be renewed and democracy will be strengthened.Highlighting previously unsettled parts of the general problem. The history of mankind is inseparable from the accompanying constant crises that have shaken societies and states. The peculiarity of modern crises is their unpredictability and globality. Due to the lack of effective crisis prevention mechanisms, inefficient functioning of international financial institutions, the presence of mass financial speculation and the virtualization of the world economy, favourable conditions are created for the spread and generation of crisis phenomena in the world. So far, there is no generally accepted view of the likely consequences of crises for the world’s economies, and thus unpredictable socio-political changes. Paper main body. The Covid-19 pandemic has become the world’s largest global crisis since the Great Depression. Its depth and scale are enormous. As a result, it is capable of surpassing the Great Recession of 2008 – 2009. Thus, only in the second quarter of 2020, the economy of the Eurozone countries fell by more than 12%. There is a record drop in GDP, world trade is declining. The pandemic is projected to increase poverty, with more than half of those in Africa. The peculiarity of the new crisis is not only that it creates unprecedented uncertainty, but also that it destroys entire sectors of the economy, including tourism, transport and even energy.The Coronavirus pandemic can cause significant changes not only in the economic but also in the political, social and cultural spheres. A protracted epidemic, combined with huge job losses, a protracted recession and a debt burden, could create tensions that will escalate into a political reaction. Nationalism, isolationism, xenophobia and attacks on the liberal world order may intensify. As the COVID-19 crisis spreads, it discredits traditional politics and public institutions, which are perceived by the general public as a systemic failure, and democracy is replaced by populism and the rhetoric of radicalism.Conclusions of the research and prospects for further studies. The crisis of the coronavirus has a significant impact on all spheres of society, causing negative consequences in the economy, health care and socio-political relations. There are growing populism, nationalism and authoritarianism, which increases the likelihood of social and international conflicts. That is why it became topical to defend the opposite concepts of further development of political systems of societies - to join forces to overcome the common threat, international cooperation, exchange of information, support for democratic values.


Author(s):  
Olga Pizhuk ◽  

The key hypothesis of the research is the assumption that security in cyberspace can accelerate a process of the economy's digital transformation in any country in the world. Our goal in this article to clarify the essence of cyberspace's concept, which is considered as a global information environment, formed by a set of interdependent elements of the information technology infrastructure, namely information and telecommunications networks and computer systems for storage, processing, modification, and exchange data, as well as the importance of cybersecurity in the process of the digital transformation of the economy. The degree of readiness of countries with different levels of socio-economic development to protecting data in cyberspace according to the Global Cybersecurity Index (GCI) and the National Cybersecurity Index (NCSI) is analyzed. Using the ICT Development Index (ІDІ) and the Network Readiness Index (NRI), the level of digital development of highly developed countries and countries with transformational economies is analyzed. The strengths and weaknesses of both the cybersecurity system and the level of digital development of Ukraine have been identified. The focus is on determining the impact of cybersecurity on increasing opportunities for the use of modern digital technologies in economic processes, which may ultimately accelerate the economy's digital transformation. It is concluded, increasing the level of cybersecurity is a necessary but not always sufficient factor in accelerating the economy's digital transformation. According to the results of the study, it is proposed: firstly, to research the formation of effective means of cyberdefense in legal, organizational, and technical aspects; secondly, to launch information and training campaigns to raising awareness and acquire relevant skills, in particular, to build a human resources reserve in the field of cybersecurity; thirdly, to strengthen the state's efforts to develop and implement effective cybersecurity systems at the level of the state, business organizations and citizens.


2021 ◽  
Vol 45 (1) ◽  
Author(s):  
Kamoldeen Abiodun Ajijolakewu ◽  
Abiodun Saheed Ayoola ◽  
Tariq Oluwakunmi Agbabiaka ◽  
Folashade Rahmat Zakariyah ◽  
Nike Risikat Ahmed ◽  
...  

Abstract Background More people—in both developing and developed countries—now use, and are favourably disposed to, traditional medicine. Musa paradisiaca (plantain) is used extensively in traditional medicine across continents. In this review, we investigated the scientific justification of this extensive usage. Main body Generally, several studies validate usage in infectious diseases, but limited antiviral and in vivo reports exist. The mechanistic elicitation of antimicrobial activity has similarly not been ascertained. Contrarily, data abound from rigorous studies on physiological conditions. Activity across categories is tied to the potent phytosterols duo of stigmasterol and β-sitosterol; and the triterpenes viz. cycloeucalenone, 24-methylene-cycloartanol, and 31-norcyclolaudenone; present in plantain. Toxicity studies, while finite, suggest general safety and tolerance. Conclusions Findings in the studies reviewed projects plantain as a veritable source for drug bioprospecting that will be of benefit to scientific research and pharmaceutical industries.


Author(s):  
Vladimir Myslivyy ◽  
Angelina Mykyta

Problem setting. According to Art. 27 of the Constitution of Ukraine, everyone has an inalienable right to life, no one can be arbitrarily deprived of life, and the state, in turn, is obliged to protect human life. Protection of a person’s life, as a duty of the state, is manifested in the establishment of criminal liability, enshrined in Section II “Criminal offenses against life and health of a person” of the Criminal Code of Ukraine, who commit socially dangerous acts. whether there are criminal offenses and what punishments they should be committed. The distinction between crimes such as premeditated murder and negligent deprivation of another’s life is important, as criminal law theory still does not have sufficient information on this issue and does not have a complete list of features of the above crimes, but we tried to identify them in our article. Target of research. Deepening their knowledge on the caution of a person’s life due to inconsistency and drawing the line between possible offenses and conditional authority, clarifying the special characteristics of the perpetrator and the victim, outlining the essential features of the perpetrator and the victim, and researching the regulation of negligent proposal of a new version of the Criminal Code of Ukraine. Analysis of resent researches and publications. The theoretical basis for the study of the problem of murder through negligence are the works of legal scholars, in particular, M. Bazhanov, V. Borisov, S. Borodin, V. Glushkov, O. Gorokhovskaya, I. Zinchenko , V. Tyutyugin, O. Us, E. Kisilyuk, V. Kuts, M. Yefimov, S. Likhova, V. Stashis, V. Shablisty and others. Article’s main body. According to Art. 3 of the Constitution of Ukraine, man, his life and health, honor and dignity, inviolability and security are recognized in Ukraine as the highest social value. Given this constitutional provision, the legislator should pay special attention to the criminal law protection of human life and health as the most important public relations. So it is no coincidence that considering such encroachments as one of the most dangerous in the criminal law dimension, the legislator established criminal liability for their commission in Section II “Criminal offenses against life and health” of the Special Part of the Criminal Code of Ukraine. Due to the high public danger and the high prevalence of criminal offenses against human life and health, criminal law theory and law enforcement practice are under increasing scrutiny. Thus, the analysis of judicial practice in recent years shows that, for example, among all murders (Articles 117-119 of the Criminal Code of Ukraine) the number of persons convicted of deprivation of life due to negligence is about 15 percent annually. In our opinion, it is also advisable to analyze the concept of “murder” by comparing the common and distinctive features of the offenses referred to in Art. Art. 115 and 119 of the Criminal Code of Ukraine. According to scientific results, we can conclude that these offenses have many common features. It is possible to understand the common features and preconditions for the spread of these types of offenses. Conclusions and prospects for the development. A study of issues related to the criminal law analysis of murder through negligence and its difference from other types of murder, shows that these acts encroach on the identical object, which is “human life as a set of social relations.” Unfortunately, nowadays the dynamics of offenses committed in Art. Art. 115 and 119 is intensifying, so consideration of their delimitation and characterization of their features is very important. The study examines the main features of these types of crimes, as well as analyzes some provisions of national law and proposes some adjustments to them.


Istoriya ◽  
2021 ◽  
Vol 12 (11 (109)) ◽  
pp. 0
Author(s):  
Alexey Kuznetsov

The article highlights three stages of the formation of multinationals from developing countries. Although first Argentine TNCs appeared at the turn of the 19th — 20th centuries, in the majority of the Global South countries TNCs appeared in the 1960s — 1980s. With the collapse of the bipolar world order, which in many developing countries was accompanied by significant internal political and economic transformations, the second stage of foreign expansion of TNCs from the Global South began. Indeed, in 1990 they accounted for 6 % of global outward foreign direct investment stock, while the figure was 10 % by the end of 2005. We date the beginning of the third stage to the financial and economic crisis of 2007—2009, since multinationals from developing countries as a whole are more successfully overcoming the period of turbulence in the global economy. By the end of 2020, they accounted for 22 % of global outward foreign direct investment stock, and during the COVID-19 pandemic crisis they generally exported more than 50% of the capital. The modern foreign expansion of such TNCs has many reasons, differs greatly from country to country, and often differs slightly from the specifics of Western multinationals. At the same time, initially, “late internationalization” in developing countries had two main vectors — the use of new opportunities for South — South cooperation and overcoming, through the creation of subsidiaries in highly developed countries, the shortcomings of the business environment of “catching up” countries.


2021 ◽  
Vol 14 (1) ◽  
pp. 40-47
Author(s):  
Tatуana Ivanovna LOMACHENKO ◽  

Nowadays, there is no consensus that digitalization is a threat to business security or an opportunity to comprehensively manage the entire chain of business processes in real time, taking into account incoming data from all assets. However, political and economic instability, demand volatility, and competition are all a set of global challenges that digital transformation has responded to. In industry, the competitive advantage has become not the ownership of the enterprise, the firm, but access to digital technology, on which the efficiency of work with specific resources depends. The processes of forming individual business segments related to production management based on modern digital technology have already been launched and most companies are focused on this direction. The article reveals the features of the evolutionary stage of digital economy development, presents the relationship of this process with the formation of the conceptual framework from the theoretical foundations, substantiated in the 1990s by foreign and domestic scientists to modern approaches in the interpretation of digital economy definitions. The article proposes the structural dynamics of the digital economy in today's realities, revealing internal problems, opportunities for economic growth, maturity and readiness of the state to new ways of doing business in the digital economy and digital transformation, to form the country's national strategy. In addition, the conditions under which digital transformation opens up new opportunities for the business environment, the public sector and society as a whole are presented. Changes in business strategy, organizational forms, business process capabilities, new approaches in working with clients, competitive advantages, increase in profit sources are analyzed. As a result, the efficiency of the whole system increases, which allows to reach a fundamentally new level of production efficiency in a short time.


2018 ◽  
Vol 20 (5) ◽  
pp. 434-448 ◽  
Author(s):  
Stuti Saxena

Purpose With the ongoing drives towards Open Government Data (OGD) initiatives across the globe, governments have been keen on pursuing their OGD policies to ensure transparency, collaboration and efficiency in administration. As a developing country, India has recently adopted the OGD policy (www.data.gov.in); however, the percolation of this policy in the States has remained slow. This paper aims to underpin the “asymmetry” in OGD framework as far as the Indian States are concerned. Besides, the study also assesses the contribution of “Open Citizens” in furthering the OGD initiatives of the country. Design/methodology/approach An exploratory qualitative following a case study approach informs the present study using documentary analysis where evidentiary support from five Indian States (Uttar Pradesh, Telangana, West Bengal, Sikkim and Gujarat) is being drawn to assess the nature and scope of the OGD framework. Further, conceptualization for “Open Citizen” framework is provided to emphasize upon the need to have aware, informed and pro-active citizens to spearhead the OGD initiatives in the country. Findings While the National OGD portal has a substantial number of data sets across different sectors, the States are lagging behind in the adoption and implementation of OGD policies, and while Telangana and Sikkim have been the frontrunners in adoption of OGD policies in a rudimentary manner, others are yet to catch up with them. Further, there is “asymmetry” in terms of the individual contribution of the government bodies to the open data sets where some government bodies are more reluctant to share their datasets than the others. Practical implications It is the conclusion of the study that governments need to institutionalize the OGD framework in the country, and all the States should appreciate the requirement of adopting a robust OGD policy for furthering transparency, collaboration and efficiency in administration. Social implications As an “Open Citizen”, it behooves upon the citizens to be pro-active and contribute towards the open data sets which would go a long way in deriving social and economic value out of these data sets. Originality/value While there are many studies on OGD in the West, studies focused upon the developing countries are starkly lacking. This study plugs this gap by attempting a comparative analysis of the OGD frameworks across Indian States. Besides, the study has provided a conceptualization of “Open Citizen” (OGD) which may be tapped for further research in developing and developed countries to ascertain the linkage between OGD and OC.


2021 ◽  
Vol 7 (167) ◽  
pp. 28-33
Author(s):  
S. Burlutska ◽  
D. Krasovsky

At present, the totality of global environmental and economic threats and challenges has put the world economic science in front of the need to find a new way of developing the world economy. The new model of economic growth must satisfy two main criteria: firstly, to find a qualitatively new direction of growth, and secondly, to ensure the preservation and improvement of the quality of the environment for human life, that is, to ensure new economic growth without negative consequences for the environment. Many modern scientists see the solution of these problems in a relatively new direction in the economy, which has existed for just over 30 years - the "green" economy. Their opinion is shared by leading politicians and civil servants of the world's economic powers. The directions of the "green" economy system are considered: introduction of renewable energy sources; improvement of the waste management system; improvement of the water resources management system; development of "clean" transport; organic farming in agriculture; energy efficiency in housing and communal services; conservation and effective management of ecosystems. As a result of the analysis, key ones were identified directions in which the green economy is moving, systematized basic support tools that divided into price and non-price, in more detail characterized by price with the separation of financial tools that experts focus on international organizations for sustainable development. The main elements of the state are defined green growth strategies and analyzed the situation harmonization of the influence of developed countries on the development of "green" economy. An understanding of the essence and description of the goals of "green" technologies is proposed, which implies work not with the consequences, but with the causes of environmental problems. Considered the "green" experience of developed countries and global companies. In conclusion, the author emphasizes that the concept of a "green" economy is an innovative development project, but to achieve sustainability it is necessary to use the experience of other companies. One of the main problems was noticed, this is the use of pseudo environmental friendliness by companies for their own commercial purposes.


Author(s):  
Valentyna Fostolovych ◽  
Tetiana Botsian

The permeability of all spheres of both economic activity and human life with digital technologies encourages the search for new marketing ideas necessary for the implementation of the product (goods, works and services).  Today's consumer has become more demanding both to the product itself and to the ways of presenting it.  Immersive technologies are becoming one of the tools that contribute to the formation of competitive advantages, especially the organization of business in the field of entertainment, as one of the areas of additional income in the field of hotel and restaurant services and marketing activities of enterprises.  Digital transformation leads to the search for new initiatives that will be a tool to meet customer needs and a way to reach wider market segments.  The process of digitalization must first be integrated into the economy of the whole state and the enterprise as a whole, and in all processes of production of goods, works and services.  Digital-transformation of domestic enterprises will help to obtain additional competitive advantages both in the domestic market and in the international market.  The formation of competitive advantages is associated not only with the maximum involvement of digital technologies in business.  It is important to choose such technologies that will be most effective in the implementation of a particular type of enterprise, under certain conditions and in a particular environment. The expediency of using immersive technologies as a marketing tool is undeniable.  However, in addition to tools, immersive technologies are important as a means of education, a separate milestone in the field of entertainment, a means of psychological influence and more.  That is, the impact of this tool on the level of competitiveness of the enterprise in the environment of the demanding consumer is manifested: in the form of reducing the cost of attracting the client; active covert promotion through their use; improving the quality of the presented product (goods, works, services); ensuring the elasticity of the enterprise to the needs and requirements of consumers; the transition of the enterprise to an innovative type of development and active digitalization.


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