scholarly journals Digital Economy : A Journey Through 21st Century Towards 22nd Century with Respect to India

2021 ◽  
pp. 85-94
Author(s):  
Dr. Pradipta Mukhopadhyay
Keyword(s):  
New Technologies ◽  
Research Work ◽  
Big Data Analytics ◽  
Digital Economy ◽  
Modern World ◽  
Economic Activities ◽  
22Nd Century ◽  
The World ◽  
The Difference ◽  
To Come

Digital Economy refers to an economy which is based on digital computing technologies and can also be referred to as internet economy or web economy as the business activities are conducted through markets based on the internet or the World Wide Web. A Digital Economy also refers to the usage of various digitised information and knowledge to perform various economic activities and uses various new technologies like Internet, Cloud Computing, Big Data Analytics to collect, store and analyse information digitally. This way the modern digital economies are helping the local and regional business organisations to come out of their local boundaries and step into the global scenario to take advantages of the modern liberalisation policies of the governments along with reduced trade barriers throughout the world. This paper will study the importance of digital economy in the modern world along with the difference between the traditional economy and the digital economy and the current state of digital economy in India. This Study has been casual, exploratory and empirical in nature and the data needed for research work has been collected by using both direct and indirect method of data collection.

Inter-country inequality as a dynamic process and the problem of post-industrial development

2018 ◽  
pp. 5-29 ◽  
Author(s):  
L. M. Grigoryev ◽  
V. A. Pavlyushina
Keyword(s):  
Economic Growth ◽  
Political Institutions ◽  
Industrial Development ◽  
Modern World ◽  
New Approach ◽  
Development Level ◽  
The World ◽  
Long Time ◽  
The Difference ◽  
Post Industrial

The phenomenon of economic growth is studied by economists and statisticians in various aspects for a long time. Economic theory is devoted to assessing factors of growth in the tradition of R. Solow, R. Barrow, W. Easterly and others. During the last quarter of the century, however, the institutionalists, namely D. North, D. Wallis, B. Weingast as well as D. Acemoglu and J. Robinson, have shown the complexity of the problem of development on the part of socioeconomic and political institutions. As a result, solving the problem of how economic growth affects inequality between countries has proved extremely difficult. The modern world is very diverse in terms of development level, and the article offers a new approach to the formation of the idea of stylized facts using cluster analysis. The existing statistics allows to estimate on a unified basis the level of GDP production by 174 countries of the world for 1992—2016. The article presents a structured picture of the world: the distribution of countries in seven clusters, different in levels of development. During the period under review, there was a strong per capita GDP growth in PPP in the middle of the distribution, poverty in various countries declined markedly. At the same time, in 1992—2016, the difference increased not only between rich and poor groups of countries, but also between clusters.

The Apocalyptic Image of the Beast in William Blake’s ‘The Tyger’ and W.B. Yeats’ ‘The Second Coming’

2021 ◽  
Vol 33 (3-4) ◽  
pp. 47-61
Author(s):  
Yasser K. R. Aman
Keyword(s):  
William Blake ◽  
The Other ◽  
Modern World ◽  
Christian Religion ◽  
The World ◽  
The Difference ◽  
Second Coming

The monstrous image created by William Blake in ‘The Tyger’ left the world wrapped in an apocalyptic vision that creates an epiphany of unknown Romantic potentials symbolised in ‘The Tyger’. The apocalyptic vision, deeply rooted in Christian religion, develops into an ominous harbinger of the destruction of the modern world portrayed in W.B. Yeats’ ‘The Second Coming’. The image of the beast marks the difference between two ages, one with strong potentials and the other with fear and resident evil unexplained. I argue that the apocalyptic theory in Christianity has an impact on the development of the image of the beast in both poems, an impact that highlights man’s retreat from Nature into the modern world which may fall apart because of beastly practices.

scholarly journals THE WORLD DEVELOPMENT OF THE DIGITAL ECONOMY: THE MAIN DEVELOPMENT STRATAGEMS

2021 ◽  
Vol 2 (1) ◽  
pp. 91-96
Author(s):  
Olena Taranukha
Keyword(s):  
Business Model ◽  
Business Models ◽  
New Technologies ◽  
Technology Development ◽  
Well Being ◽  
Digital Economy ◽  
The Other ◽  
Innovative Solutions ◽  
The World ◽  
New Business

The digital economy allows to compose the new business models, digital platforms and services, which create new types of economic activity, as well as the transformation of traditional industries. Due to the industries transformation to the digital economy there is the transformation of the world economy, or rather the economy itself is being digitized The purpose of the paper is to reveal the essence and features of the digital economy formation and to consider what significant transformations will take place in the world by the analysis of major trends in the near future. Accumulating all the concepts, we can say that the digital economy is the rather complex term, but we can assume that its development is based on the key components According to forecast estimates, the most advanced retail companies will begin implementing the service of virtual and voice search of goods by 2022. This will require from the company the better understanding of the consumers wishes, their interests and intentions. Consider the main technological development trends for 2020-2025 based on the data of the major consulting agencies and the consulting company "Cartner" Figure 2 shows the forecast curve of the new technologies development. Innovative development triggers that will actively influence the technology development include the following: the Authenticated Provenance, Low-Cost Single Board Computers at the Edge, Self-Supervised Learning, BMI (Brain Machine Interface), active development of "Packaged Business Capabilities" services, Digital Twin of the Person and Composible Enterprises. The peak of disappointments will be Social Distancing Technologies and Secure Access Service. The source of expectations will be the development of Carbon-Based transistors technology and Human digital Ontologies. The formation of a productivity platform will be based on trends in Self-Development and Self-Education. Digital IT trends grow, evolve and acquire new properties of social technologies that can influence the structure of the community, form dependencies and demand. Therefore, companies, large corporations and government need to move to more flexible composite business architectures. The modular business model is based on four basic principles: modularity, efficiency, continuous improvement and adaptive innovation. This business model allows to move from rigid traditional planning to a flexible response to rapidly changing business needs. In general, it creates opportunities for innovative approaches, reduces costs and improves partnerships. It is important to pay attention to the other technologies in the new business model such as bundled business services, data factories, private 5G networks and embedded artificial intelligence. Thus, as a result of the research it is proved that the digital world is a completely new order of life, which requires to change our thinking. The person should be always focused on the new technologies and methods in order the enterprises remain competitive and constantly developed, it will promote the economy development and the growth of well-being of the society. So, taking into account the global trends in technology development, Ukraine has to adapt to the new standards quickly and implement innovative solutions for the economic development. The digitalization of the economy, on the one hand, is the key to economic success, on the other hand, it is the driving force in the conditions of the conceptual understanding of the digital economy essence. The growth of the quality and innovation level of domestic goods and services should provide not only sustainable economic growth, but also competitive advantages with further integration into the EU. At the same time, there is the relevant need of the scientific and technological research, the formation of a certain business ("digital") culture, the implementation of smart city ideas in Ukraine based on the development of local communities and the emergence of new initiatives and proposals for innovative solutions.

World-System Theory

2019 ◽  
Author(s):  
Christopher Chase-Dunn ◽  
Marilyn Grell-Brisk
Keyword(s):  
Division Of Labor ◽  
Latin American ◽  
World System ◽  
World Market ◽  
Modern World ◽  
Economic Activities ◽  
System Perspective ◽  
The Core ◽  
The World ◽  
Immanuel Wallerstein

The world-system perspective emerged during the world revolution of 1968 when social scientists contemplated the meaning of Latin American dependency theory for Africa. Immanuel Wallerstein, Terence Hopkins, Samir Amin, Andre Gunder Frank, and Giovanni Arrighi developed slightly different versions of the world-system perspective in interaction with each other. The big idea was that the global system had a stratified structure on inequality based on institutionalized exploitation. This implied that the whole system was the proper unit of analysis, not national societies, and that development and underdevelopment had been structured by global power relations for centuries. The modern world-system is a self-contained entity based on a geographically differentiated division of labor and bound together by a world market. In Wallerstein’s version capitalism had become predominant in Europe and its peripheries in the long 16th century and had expanded and deepened in waves. The core states were able to concentrate the most profitable economic activities and they exploited the semi-peripheral and peripheral regions by means of colonialism and the emergent international division of labor, which relies on unequal exchange. The world-system analysts all focused on global inequalities, but their terminologies were somewhat different. Amin and Frank talked about center and periphery. Wallerstein proposed a three-tiered structure with an intermediate semiperiphery between the core and the periphery, and he used the term core to suggest a multicentric region containing a group of states rather than the term center, which implies a hierarchy with a single peak. When the world-system perspective emerged, the focus on the non-core (periphery and semiperiphery) was called Third Worldism. Current terminology refers to the Global North (the core) and the Global South (periphery and semiperiphery).

scholarly journals Highlights of the 14th International Congress of the European Geriatric Medicine Society

2019 ◽  
Vol 10 (6) ◽  
pp. 995-998 ◽  
Author(s):  
Karolina Piotrowicz ◽  
Katrin Fähling ◽  
Claire Roubaud-Baudron ◽  
Dolores Sánchez-Rodríguez ◽  
Jürgen Bauer ◽  
...  
Keyword(s):  
New Technologies ◽  
Social Issues ◽  
Geriatric Medicine ◽  
International Congress ◽  
Modern World ◽  
European Academy ◽  
The World ◽  
Challenges And Opportunities ◽  
Definition Of

Abstract Purpose To report the most important messages of the 2018 EuGMS Congress in Berlin. Methods Review based on an on-site attendance in the sessions by the European Academy for Medicine of Aging graduates. Results The 14th Congress of the European Geriatric Medicine Society which took place in Berlin, Germany, from 10 to 12 October 2018, addressed the issue of challenges and opportunities associated with a fast changing modern world. Covering among other topics social issues, new technologies and the much-awaited new European definition of sarcopenia, the meeting streamed with important information. Conclusions Attended by more than 1800 participants from Europe and from across the world, it was one of the most successful geriatric events in 2018. In the following text, in preparation to the next, 15th Congress in Kraków, Poland, we briefly describe the highlights of the Berlin Congress.

scholarly journals Using COVID-19 Pandemic as an Opportunities for Technology Usage Inspiration and Innovation for African Countries

2021 ◽  
Vol 10 (1) ◽  
pp. 357-365
Keyword(s):  
New Technologies ◽  
Full Potential ◽  
African Countries ◽  
Health Crisis ◽  
Work From Home ◽  
The World ◽  
Risk Patients ◽  
History Of ◽  
To Come ◽  
Work Education

In developing nations, and on the African continent in particular, the uptake and impact of technological and other developments is often slower than in other parts of the world. While pockets of development exist on the continent as a source of work, education and access much of Africa remains trapped in a cycle of poverty.In this worldwide health crisis, the medical industry is looking for new technologies to monitor and controls the spread of COVID19 (Coronavirus) pandemic. AI is one of such technology which can easily track the spread of this virus, identifies the high-risk patients, and is useful in controlling this infection in real-time. Educators have created online classrooms in a matter of days. Information resources to educate the public and track the spread of the virus using big data sprang up seemingly overnight. Finally, those of us fortunate enough to have jobs that allow us to work from home are learning the full potential of the communication technologies that the 21stcentury has bestowed upon us. None of these tasks have been easy, but individuals and organizations have demonstrated the motivation and mind shifts needed to research, innovate, and act quickly.AI embodies the field of knowledge that seeks to create machines (computers) thatcan emulate human cognitive functions such as learning, reasoning, understanding, vision, perception, recognition, and problem solving to a reasonable level. Computers that have AI capabilities are currently being used in severalreal-worlddomains to solve problems. AI has already played a significant role in each stage of fighting the COVID-19 pandemic. Some areas where we saw immediate applications include the processing of large amounts of data to find patterns that could lead to the discovery of potential treatment drugs; as well astreating infected people.The novel aspect of this pandemic involves several unknowns and is likely to have a lingering impact for years to come. However, despite the current climate, I am somewhat comforted that the history of past pandemics and crises suggests an eventual recovery plan for the world. After all, necessity is the mother of all invention. New creations arise out of disruption.

scholarly journals ARTESÃOS DIGITAIS E BENS COLETIVOS LOCAIS NA ECONOMIA DA COLABORAÇÃODIGITAL CRAFTSMANS AND LOCAL COLLECTIVE GOODS IN THE COLLABORATIVE ECONOMY

2021 ◽  
Vol 18 (2) ◽  
pp. 245
Author(s):  
Francesco Ramella
Keyword(s):  
Digital Economy ◽  
The Other ◽  
Economic Activities ◽  
Analytical Strategy ◽  
Collective Goods ◽  
The World ◽  
Collaborative Activities

A tese deste artigo é que a ampliação da economia digital, juntamente com outros fatores, levou a uma expansão das atividades econômicas baseadas na colaboração entre indivíduos e organizações. A proposta é analisar a expansão das atividades econômicas baseadas na colaboração, colocando-as em um continuum regulatório que vai do mercado à reciprocidade generalizada. O artigo trata dessas questões, a partir de uma dupla perspectiva: uma teórica e outra empírica. Na primeira parte, apresentaremos as coordenadas conceituais da economia da colaboração. Na segunda, ilustraremos com os resultados de uma pesquisa sobre a difusão no mundo, e na Europa em particular, dos Laboratórios de Fabricação (Fab Labs). A pesquisa exemplifica os processos de digitalização da economia e uma possível estratégia analítica para estudar a economia da colaboração. Nas conclusões, finalmente, iremos discutir as lições que podem ser extraídas do caso dos Fab Labs.AbstractThe thesis of this article is that the expansion of the digital economy, along with other factors, has led to an expansion of economic activities based on collaboration between individuals and organizations. The proposal is to analyze these collaborative activities, placing them in a regulatory continuum that goes from the market to generalized reciprocity. The article deals with these issues from a double perspective: one theoretical and the other empirical. In the first part, I will present the conceptual coordinates of the collaborative economy. In the second, I will illustrate the results of a piece of research on the diffusion in the world, and in Europe in particular, of Fabrication Laboratories (FabLabs). A study, which exemplifies both the digitalization processes of the economy and a possible analytical strategy for studying the economy of collaboration. In theconclusions, finally, I will discuss the lessons that can be drawn from the case of Fab Labs.

The Digital Economy оf Russia: Current State аnd Prospects оf Development

2017 ◽  
Vol 33 (4) ◽  
pp. 32-38 ◽  
Author(s):  
M. A. Izmailova
Keyword(s):  
Economic Growth ◽  
Digital Technologies ◽  
Digital Economy ◽  
Current Status ◽  
Economic Activities ◽  
Digital Revolution ◽  
Russian Economy ◽  
Current State ◽  
The World

The article analyzes the current status of the digital economy of Russia in comparison with the world leaders in digital revolution. Describes the main sources of economic growth of the Russian economy on the basis of digitalization. The role and prospects of use of digital technologies in various spheres of socio-economic activities.

Languages and langages

2020 ◽  
pp. 19-36
Keyword(s):  
Modern World ◽  
Important Distinction ◽  
The World ◽  
Oral Expression ◽  
The Caribbean ◽  
The Difference ◽  
The Way

This chapter in fact covers a range of subjects: the need for literature to express the ‘world totality’; the difference between ‘atavistic’ and ‘composite’ (i.e., creolized) communities; the ‘Chaos-world’ (Glissant’s term for the unpredictability that he sees as characterizing the modern world); the transition from written to oral expression; and the rejection of ‘monolingualism’ – i.e., the recognition that even if we only speak one language, we nevertheless write ‘in the presence of all the world’s languages’, and this awareness transforms the way we use our own language. There is an important distinction between a language (Creole, French, English, etc.) and a langage (for which there is no equivalent term in English), which is defined as the speaker’s or writer’s subjective relationship to the language that he or she uses. Speakers of different languages can share the same langage: thus there is a langage that is common to the Caribbean as a whole. Finally, Glissant discusses the art and the importance of translation.

scholarly journals Eco-Innovation and Industry 4.0: A Big Data Usage conceptual model

2018 ◽  
Vol 56 ◽  
pp. 05003 ◽  
Author(s):  
Russell Tatenda Munodawafa ◽  
Satirenjit Kaur Johl
Keyword(s):  
Big Data ◽  
Industry 4.0 ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Digital Economy ◽  
Future Research ◽  
New Era ◽  
Data Usage ◽  
The World ◽  
Development Goals

Driven by Cyber Physical Systems, Big Data Analytics, Internet of Things and Automation, Industry 4.0 is expected to revolutionize the world. A new era beckons for enterprises of all sizes, markets, governments, and the world at large as the digital economy fully takes off under Industry 4.0. The United Nations has also expressed its desire to usher in a new era for humanity with the Sustainable Development Goals 2030 (SDG’s) replacing the Millennial Development Goals (MDG’s). Critical to the achievement of both of the above-mentioned ambitions is the efficient and sustainable use of natural resources. Big Data Analytics, an important arm of Industry 4.0, gives organizations the ability to eco-innovate from a resource perspective. This paper conducts an analysis of previously published research literature and contributes to this emerging research area looking at Big Data Usage from a strategic and organizational perspective. A conceptual framework that can be utilized in future research is developed from the literature. Also discussed is the expected impact of Big Data Usage towards firm performance, particularly as the world becomes more concerned about the environment. Data driven eco-innovation should be in full motion if organizations are to remain relevant in tomorrow’s potentially ultra-competitive digital economy.

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