Industry 4.0: Opportunities and Challenges for the World Economy

2018 ◽  
Vol 2018 (3) ◽  
pp. 167-183 ◽  
Author(s):  
Lyudmila Belova ◽  
Olga Vikhoreva ◽  
Sofya Karlovskaya
Keyword(s):  
Industry 4.0 ◽  
World Economy ◽  
Industrial Revolution ◽  
Sharing Economy ◽  
State University ◽  
Digital Revolution ◽  
Social Challenges ◽  
The World ◽  
Smart Technologies ◽  
Moscow State University

The article is devoted to the review of trends, features and problems of the fourth industrial revolution discussed at the conference held on November 14, 2017 at the Economics Faculty of Moscow State University. During the discussion, the following issues were raised: the correlation of phenomena Industry 4.0 and the digital economy; display of Industry 4.0 in the energy sector: the limits of growth; is there a future for the globalization of the world economy; smart technologies as a key element in industrial competition; Crypto currency as the locomotive of the current stage of the world economy’s financialization; intellectual challenges and paradoxes of the digital revolution; concept and world practice of the sharing economy; new social challenges and the future of the labor market in the context of «Industry 4.0».

scholarly journals Industrial Internet in the concept “Industry 4.0”: world experience and perspectives of development in the conditions of Russian economy

2018 ◽  
Vol 44 ◽  
pp. 00010
Author(s):  
Julia Asaturova ◽  
Anna Mikhailova
Keyword(s):  
Industry 4.0 ◽  
World Economy ◽  
Industrial Revolution ◽  
Russian Economy ◽  
Foreign Countries ◽  
Industrial Internet ◽  
The World ◽  
Qualitative Level ◽  
Basic Features ◽  
State Programs

At present, the world economy is at the stage of formation of the fourth industrial revolution, which is called to raise the industry to a new qualitative level. In this article we contemplated the history and prerequisites of the industrial revolution, defined its basic features and the most progressive technologies. We analyzed the particular features of development of the industrial revolution in Russia and abroad. We inspected the experience of foreign countries in implementing state programs in the sphere “Industry 4.0”. We investigated the concept of the Industrial Internet as a basis for developing of a new wave of the industrial revolution. We studied its main advantages, its influence on the world economy and the anticipated consequences. We investigated the factors hindering the implementation of the project related to the Industrial Internet in Russia. We formulated the primary tasks and evaluated the perspectives for development of the industrial Internet in the Russian economy.

Responsiveness of Academic Libraries in South Africa to Research Support in the 4th Industrial Revolution: A Preliminary study

2020 ◽  
Author(s):  
Dennis N. Ocholla ◽  
◽  
Lyudmila Ocholla ◽  
Keyword(s):  
South Africa ◽  
Industrial Revolution ◽  
Library Services ◽  
World Economic Forum ◽  
Digital Revolution ◽  
University Library ◽  
The World ◽  
World Economic ◽  
Smart Technologies ◽  
The Revolution

At the World Economic Forum in Davos, Switzerland, in 2016, the concept of the 4th Industrial revolution (4IR) was coined by Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, with the reference that it would be building on «the Third, the digital revolution» and would be «characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological». Thus, the ‘smart’ technologies will spearhead the revolution. We acknowledge that the 4IR will impact on everything, everywhere, including research and libraries. In this paper we conceptualize 4IR, and compare current academic/university library services/trends in South Africa with 4IR requirements through the analysis of 26 public university library websites. The findings show that the libraries are responding well to the revolution through their services, with remarkable of innovation and creativity on display. The study expects library services to be responsive, resourced and accessible anytime and anywhere, and provides a framework for further research and exploration in the region and perhaps elsewhere.

scholarly journals Logistics and transport in industry 4.0: perspective for Ukraine

2019 ◽  
Vol 67 ◽  
pp. 03008
Author(s):  
Igor Matyushenko ◽  
Sergiy Berenda ◽  
Tatyana Shtal ◽  
Larissa Grigorova-Berenda
Keyword(s):  
World Trade ◽  
Industry 4.0 ◽  
World Economy ◽  
Business Processes ◽  
Industrial Revolution ◽  
Successful Operation ◽  
Fourth Industrial Revolution ◽  
Interdisciplinary Approaches ◽  
The World ◽  
Logistics Services

The elaboration of the fourth industrial revolution and the process of globalization of the world economy is sine qua non of the successful operation and transformation of logistics. The formation of Logistics 4.0 relies in particular on cutting-edge technologies and the digitalization of business processes. The complexity of the structure of world trade arouses interest to the complete range of logistics services provided within a single company. This logic of development requires the application of interdisciplinary approaches, combined with the efforts of engineers, researchers and those interested in the field of logistics.

Coal's Persistence in the Capitalist World-Economy

2020 ◽  
Vol 6 (2) ◽  
pp. 194-221 ◽  
Author(s):  
Paul K. Gellert ◽  
Paul S. Ciccantell
Keyword(s):  
World Economy ◽  
Industrial Revolution ◽  
Energy Transition ◽  
Ecological Modernization ◽  
World Systems ◽  
Coal Consumption ◽  
The World ◽  
Capitalist World Economy ◽  
Capitalist World

Predominant analyses of energy offer insufficient theoretical and political-economic insight into the persistence of coal and other fossil fuels. The dominant narrative of coal powering the Industrial Revolution, and Great Britain's world dominance in the nineteenth century giving way to a U.S.- and oil-dominated twentieth century, is marred by teleological assumptions. The key assumption that a complete energy “transition” will occur leads some to conceive of a renewable-energy-dominated twenty-first century led by China. After critiquing the teleological assumptions of modernization, ecological modernization, energetics, and even world-systems analysis of energy “transition,” this paper offers a world-systems perspective on the “raw” materialism of coal. Examining the material characteristics of coal and the unequal structure of the world-economy, the paper uses long-term data from governmental and private sources to reveal the lack of transition as new sources of energy are added. The increases in coal consumption in China and India as they have ascended in the capitalist world-economy have more than offset the leveling-off and decline in some core nations. A true global peak and decline (let alone full substitution) in energy generally and coal specifically has never happened. The future need not repeat the past, but technical, policy, and movement approaches will not get far without addressing the structural imperatives of capitalist growth and the uneven power structures and processes of long-term change of the world-system.

Desserts With Oasis—SkillGap Analysis Into Dubai’s Labour Intensive Market

2019 ◽  
Vol 118 (11) ◽  
pp. 533-541
Author(s):  
Dr. Premila Koppalakrishnan
Keyword(s):  
General Population ◽  
Industrial Revolution ◽  
Digital Transformation ◽  
Digital Revolution ◽  
Scholarly Community ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Basic Level ◽  
The Revolution

The world stands on the precarious edge of an innovative transformation that will on a very basic level modify the manner in which we live, work, and identify with each other. In its scale, degree, and unpredictability, the change will be not normal for anything mankind has encountered previously. We don't yet know exactly how it will unfurl, however one thing is clear: the reaction to it should be incorporated and exhaustive, including all partners of the worldwide nation, from the general population and private segments to the scholarly community and common society. It is The Fourth Industrial Revolution, the digital revolution. The digital revolution has opened way for many impacts. All of the emirates are experiencing the effects of the “Fourth Industrial Revolution.” This revolution reflects the velocity, scope, and systems impact of a digital transformation that is changing economies, jobs, and work as it is currently known. Characteristics of the revolution include a fusion of technologies across the physical, digital, and biological spheres.

CRYPTOCURRENCY PHENOMENON IN THE INTERNATIONAL MONETARY SYSTEM

2017 ◽  
pp. 95-100
Author(s):  
Артур Анатолійович Василенко
Keyword(s):  
World Economy ◽  
International Monetary System ◽  
State University ◽  
Electronic Money ◽  
Monetary System ◽  
Current Trends ◽  
The World ◽  
Post Graduate Student ◽  
The One ◽  
Xix Century

UDC 336.74   Vasylenko Artur, post-graduate student. Mariupol State University. Cryptocurrency Phenomenon in the International Monetary System. The main prerequisites of cryptocurrency emergence in the international monetary system in terms of regionalization of the world economy are defined in the article. Determination of «cryptocurrency» category was analysed from the point of two main approaches to its treatment: on the one hand cryptocurrency is admitted to be the currency equally to the sovereign currency, and on the other hand it is considered as an unrecognized virtual asset. The main consequences which arise in case of widespread use of crypto currency for the country and for the parties that agreed to use cryptocurrency were analysed and systematized. On the basis of the research, given the current trends in the world economy, the author put forward and substantiated the hypothesis to classify the phenomenon of cryptocurrency as the effects of a famous philosophical «Negation of negation law» formulated by G. Hegel at the beginning of the XIX century.   Keywords: cryptocurrency, material money, electronic money, digital currency, regional currency integration, blockchain, mining, capitalization, «Negation of negation law».

LIVE PLANTS AS AN ADDITIONAL BOTANICAL COMPONENTOF THE THEMATIC EXPOSITION IN THE EARTH SCIENCE MUSEUM AT MOSCOW STATE UNIVERSITY

2020 ◽  
Vol 42 (4) ◽  
pp. 478-484
Author(s):  
Kirill Golikov ◽  
Ekaterina LAPTEVA ◽  
A. SOCHIVKO
Keyword(s):  
High Altitude ◽  
Plant Communities ◽  
Earth Science ◽  
Life Forms ◽  
Science Museum ◽  
State University ◽  
Structural Components ◽  
The Earth ◽  
The World ◽  
Moscow State University

The article discusses the use of live plants as the botanical exposition component supplement of the “Natural areas” (hall № 17 “Natural zonality and its components” and № 20 “Desert, subtropical, tropical countries, high-altitude zone”) and “Physico-georaphic regions” (hall № 24 “Continents and parts of the world”) departments in order to visualize information presented in the Earth Science Museum. Demonstration of plants originating from different regions of the world representing different life forms and being structural components of various plant communities allows to visually characterizing thematic aspects of an exposition. That in turn reveal such principles of systematic nature organization as ecobiomorphic and phytocenotic.

PASAR LAYAR BERBASIS E-COMMERCE

2021 ◽  
Vol 3 (1) ◽  
pp. 91
Author(s):  
Rewindy Astari Surbakti ◽  
Doddy Yuono
Keyword(s):  
World Economy ◽  
Industrial Revolution ◽  
Interaction Space ◽  
Creative Economy ◽  
Start Up ◽  
The World ◽  
Human Thinking ◽  
New Generation ◽  
Start Ups ◽  
Generation Technology

The 21st century is known as the industrial revolution 4.0 which changes the economy among people who grow together with modernity and technology systems. It proves that the development of human thinking on creativity will greatly affect the development of the creative economy, but this has made the market begin to be abandoned by new generations and switch to e-commerce systems. The existence of an epidemic that has begun to spread in people's lives is also one of the factors that have changed the world economy and made the market begin to be abandoned. Changes in the world economy will require revitalization so that this is used as a foundation in the formation of the Screen Market integrated with the digital system to polarize the economy. The new generation is the key to the development and balance of the economy in technology, this is in line with the entrepreneurial nature and character of the new generation, which makes them prefer to develop as start ups. The revitalization of the economic center will become a forum for interaction with the surrounding environment so that the characteristics of the formation of interaction space are the basis and the beginning of the screen market. The screen market is located on Jl Arjuna Utara which is surrounded by malls, offices, universities, making the type of retail being marketed a creative sub-sector, namely culinary with local products, fashion retail, and also craft retail managed by start ups so it is hoped that the screen market can accommodate interaction and creatively combined with digital developments. Keywords: Economy; Market; New Generation; Technology. Abstrak Abad ke-21 dikenal dengan terjadinya revolusi industri 4.0 yang mengubah  perekonomian  di kalangan masyarakat yang bertumbuh bersama dengan sistem modernitas dan juga teknologi. Membuktikan bahwa perkembangan pemikiran manusia terhadap kreativitas akan sangat memengaruhi perkembangan ekonomi kreatif tetapi hal ini menjadikan pasar mulai ditinggalkan oleh generasi baru dan beralih pada sistem e-commerce. Adanya wabah yang mulai merambat dikehidupan masyarakat juga menjadi salah satu faktor yang merubah perekonomian dunia dan menjadikan pasar mulai ditinggalkan. Perubahan perekonomian dunia ini akan membutuhkan revitalisasi sehingga hal ini dijadikan sebagai landasan pijakan dalam pembentukan Pasar Layar yang dipadukan dengan sistem dari digital sebagai polarisasi perekonomian. Generasi baru merupakan kunci dari perkembangan dan keseimbangan perekonomian dalam teknologi, hal ini sejalan dengan sifat dan watak entrepreneur yang dimiliki oleh generasi baru sehingga menjadikan mereka lebih memilih berkembang sebagai start up. Revitalisasi pusat perekonomian ini akan menjadi wadah interaksi dengan lingkungan sekitar sehingga adanya karakteristik pembentukan ruang interaksi sebagai dasar dan awal dalam pasar layar. Pasar layar berada di Jl. Arjuna Utara yang dikelilingi oleh mall, kantor, universitas menjadikan jenis retail yang dipasarkan merupakan subsektor kreatif yaitu kuliner dengan produk lokal, retail fashion dan juga retail kriya yang dikelola start up sehingga diharapkan Pasar Layar mampu menampung antara interaksi dan kreatif  yang dipadukan dengan perkembangan digital.

scholarly journals SCIENTIFIC AND TECHNOLOGICAL DEVELOPMENT AS A FACTOR OF ACCELERATING ECONOMIC GROWTH IN RUSSIA

2021 ◽  
Vol 230 (4) ◽  
pp. 237-244
Author(s):  
E.B. LENCHUK ◽  
Keyword(s):  
Economic Growth ◽  
World Economy ◽  
Large Scale ◽  
Industrial Revolution ◽  
Technological Development ◽  
Technological Basis ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Sustainable Economic Growth ◽  
Scientific And Technological Development

The article deals with the modern processes of changing the technological basis of the world economy on the basis of large-scale transition to the use of technologies of the fourth industrial revolution, shaping new markets and opens up prospects for sustainable economic growth. It is in the scientific and technological sphere that the competition between countries is shifting. Russia remains nearly invisible player in this field. The author tried to consider the main reasons for such a lag and identify a set of measures of state scientific and technological policy that can give the necessary impetus to the scientific and technological development of Russia.

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