The article is devoted to the analysis of the opportunities and prospects of digital economy as an instrument of globalization. The authors consider the impact of digital economy on investment and innovation development, export-import potential and international competitiveness of the country. In the context of the main directions of the global digital economy, the most favorable and perspective directions for the countries of the world are determined.
The article examines the key concepts and theories of modern digitalization paradigm of global financial market, its equilibrium, conditions of financial centres, e-commerce, and FinTech companies. It identifies positive and negative aspects of financial market digitalization and its transformation in global digitalization. Effective principles for the digitalization of Ukraine’s economy are explored. The key ways of financial market digitalization are outlined. The article presents a framework of indicators for the digitalization of the financial market in Ukraine. Quantitative analysis is applied to the indicators grouped by type: general indicators of online financial activity of the population; indicators of online and offline accumulation of funds; indicators of credit activity. In addition, some ways to digitalize Ukrainian market are outlined and hierarchical model of FinTech sectors in Ukraine is proposed. This allows us to identify the most promising areas for the future development of financial technologies in such areas as cash flow services, innovations and new standards of technological services, and application development. It is substantiated that in addition to the commonly used payment tools, the most promising areas in Ukraine are the development of IT solutions, financial asset analytics, marketplaces and neo-banking.
The article explores the problems of sustainable development of the natural mineral resources market in the context of digital transformation of the industry. Key trends in the development of the global mineral resources market in economic, ecological, energy and digital dimensions have been identified. The features of the world distribution of raw material base of ore and energy mineral resources in terms of their economic assessment have been studied and the countries - market drivers - have been identified. A model for sustainable development of the mineral resources market and a system of criteria for its assessment in the context of Industry 4.0 have been proposed. In particular, the link between the level of digital technologies and the energy trilemma has been analysed. Based on the results of the calculations, the grouping of the leading countries in the mineral resources market by the level of achievement of sustainable development has been carried out and ways to digitize the mining industry have been outlined.
Global economy is expected to contract, consequence of a collapse of international trade with millions of failed businesses and lost jobs. Foreign Direct Investment (FDI) flows are fundamental to support the economic recovery. Developed economies and developing economies in particular must make a great effort to restore and increase capital inflows, especially in form of foreign direct investment. FDI inflows have long been the largest source of finance investment. FDI is an opportunity to support the crucial economic recovery. An internationalization model of FDI is built in order to be a driver to governments and firms to implement a success strategy to attract FDI to the country.
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