The Role of Digitization of the Economy and Electronic Commerce in Reshaping the Labor and Financial Markets

This research embodies the nature of the relationship between the outputs of technological revolution, particularly digital transformation, and the expected opportunities and mechanisms of work in light of the changing requirements of the current labor and financial markets. This is achieved by monitoring and analyzing the key fundamental changes related to the economy and activities that are shifting towards digital transformation, along with the significant developments occurring within them. The study adopts an analytical research model through a case study of several economic indicators that have been directly affected by the new phenomenon of digitization. It examines the resulting preference for certain activities while others decline, leading to an increase in demand for specific market segments and a decrease for others. Therefore, it is essential to integrate the results of digital transformations with the adaptations and impacts on the labor market to highlight more beneficial and comprehensive outcomes regarding the fundamental changes related to the components and elements of the business environment and the labor market in today’s world due to digital transformation.

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Publication Details

Journal
KnE Social Sciences
Published
2025-09-09
DOI
https://doi.org/10.18502/kss.v10i19.19628
Primary Topic
Economic Development and Digital Transformation
Type
article
Field-Weighted Citation Impact
0.00
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article

The Role of Digitization of the Economy and Electronic Commerce in Reshaping the Labor and Financial Markets

Samah Salih Ali, Hanan Shaheen Hussien, Taher Kareem Salih
KnE Social Sciences
Economic Development and Digital Transformation
article

The Role of Digitization of the Economy and Electronic Commerce in Reshaping the Labor and Financial Markets

Samah Salih Ali, Hanan Shaheen Hussien, Taher Kareem Salih
article en

Abstract

This research embodies the nature of the relationship between the outputs of technological revolution, particularly digital transformation, and the expected opportunities and mechanisms of work in light of the changing requirements of the current labor and financial markets. This is achieved by monitoring and analyzing the key fundamental changes related to the economy and activities that are shifting towards digital transformation, along with the significant developments occurring within them. The study adopts an analytical research model through a case study of several economic indicators that have been directly affected by the new phenomenon of digitization. It examines the resulting preference for certain activities while others decline, leading to an increase in demand for specific market segments and a decrease for others. Therefore, it is essential to integrate the results of digital transformations with the adaptations and impacts on the labor market to highlight more beneficial and comprehensive outcomes regarding the fundamental changes related to the components and elements of the business environment and the labor market in today’s world due to digital transformation.

KnE Social SciencesVol. 10(19)
University Of Fallujah (IQ)
Openalex Percentile: Top 61%
Economic Development and Digital Transformation
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