THE IMPACT OF PRODUCTION POTENTIAL USAGE IN AGRICULTURAL FIELD ON ECONOMIC DEVELOPMENT

The article deals with the analysis of the digital economy and its impact on the world economy today, the shift to a new quality level of the world digital civilization.The authors put forward new ways of the Russian economy adaption to the new data intellectual era.The society institutional structure is being changed under the influence of broad technological transmissions.Although pros and cons of the economy digitalization are vivid, the positive aspects such as trade expansion, production growth, creation of new working places, rigid rivalry, overweigh the negative consequences of the latest developments, e.g. an ever growing increase of unemployment in the sphere of technology which can affect mostly developing countries according to the World Bank forecast.It can also result in large scale competition even among the middleclass employees that inevitably will lead to severe salaries drop.

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Publication Details

Published
2024-12-12
DOI
https://doi.org/10.34660/inf.2021.90.45.003
Primary Topic
Global Trade and Competitiveness
Type
article
Field-Weighted Citation Impact
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article

THE IMPACT OF PRODUCTION POTENTIAL USAGE IN AGRICULTURAL FIELD ON ECONOMIC DEVELOPMENT

Sevinj Hasanova
Global Trade and Competitiveness
article

THE IMPACT OF PRODUCTION POTENTIAL USAGE IN AGRICULTURAL FIELD ON ECONOMIC DEVELOPMENT

Sevinj Hasanova
article en

Abstract

The article deals with the analysis of the digital economy and its impact on the world economy today, the shift to a new quality level of the world digital civilization.The authors put forward new ways of the Russian economy adaption to the new data intellectual era.The society institutional structure is being changed under the influence of broad technological transmissions.Although pros and cons of the economy digitalization are vivid, the positive aspects such as trade expansion, production growth, creation of new working places, rigid rivalry, overweigh the negative consequences of the latest developments, e.g. an ever growing increase of unemployment in the sphere of technology which can affect mostly developing countries according to the World Bank forecast.It can also result in large scale competition even among the middleclass employees that inevitably will lead to severe salaries drop.

Ganja State University (AZ)
Zero hunger
Openalex Percentile: Top 60%
Global Trade and Competitiveness
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