INTERPRETATION OF THE DIGITAL ECONOMY IN DEVELOPING COUNTRIES: OPPORTUNITIES AND RISKS OF PHASED IMPLEMENTATION

Authors

  • Azamov Sulaimon Mamatisakovich Andijan Machine-Building Institute Uzbekistan, Andijan city
  • Shokirova Sarvinoz Oybekovna Andijan Machine-Building Institute Uzbekistan, Andijan city

Keywords:

digital economy, IT industry, ICT, digitalization

Abstract

The spread of digital technologies determines the priority directions of the development of history, society, and the economy of most states. At the same time, there is a global revolution in the information and communication space. Rapid digitalization has affected all spheres of human life. This means that it has also influenced the state in the political, cultural, economic, financial, and social fields. This article presents arguments and examples about the interpretation of the digital economy, its risks, disadvantages, as well as opportunities for development.

References

Danilov, N. F. & Saraeva, I. V. (2019). Global Digital Space: Prospects and Threats to the Economic Development of Countries. Izvestiya of Saratov University. New Series. Series Economics. Management. Law, 1, 65–73. (In Russ.)

IT Business News // CRN / IT business. 27.04.2017 [Electronic resource] URL: https://www.crn.ru/news/detail.php?ID=118831.

The website of choice of technologies and suppliersA TAdviser. URL: TAdviser http://www.tadviser.ru/index.php/%3A Digital-Russia-report. #cite_note-qpcmsfdret-6 (accesssed 14.12.2017).

Human capital at work: The value of experience. URL: https://www.mckinsey.com

Virtual Singapore URL: https://www.engadget.com/

Chernyakov M. K. Innovative risks of digital economy. 2018. – № 4 (31). – P. 63–68.

M.B.Yusupova. Logistics: novie printsipi effektivnogo upravleniya izderjkami. Monographs. 2020 Finansovy University pri pravitelstve Russskoy Federasii, Moscow, RUSAINS 2020 year

M.B.Yusupova. Quality of distance education: problems and solutions article 2020 Year, No. 5 economy and education. Scientific journal

M.B.Yusupova. Society interests, professional competence and ethical requirements for professional accountants. 2021 World Economics and FinanceBulletin, 4,3-5.Retrievedfrom https://scholarexpress.net/index.php/wefb/index

Н.Халилов, Н.Сафина. Современные проблемы управления качество на предприятиях лёгкой промышленности в республике Узбекистан. Colloquium-journal №15 (138), 2022.

N.Olimova. The oretical bases of effective management of human capital in the conditions of innovative development of enterprises. World Economics &FinanceBulletin(WEFB)AvailableOnlineat: https://www.scholarexpress.net Vol.9, April 2022, ISSN: 2749-3628

Mamajanov, A. (2018). Theoretical bases of analysis cost of production and cost. International Finance and Accounting, 2018(3), 3.

Mamazhonov, A., & Muydinov, E. (2021). Documenting An Audit Of Financial Statements Based On International Auditing Standards. International Journal of Progressive Sciences and Technologies (IJPSAT), 2.

Turgunovich, M. A. (2021). ORGANIZATIONAL BASIS OF INFORMATION SOURCES OF ANALYSIS OF BASIC PRODUCTION COSTS IN FARMING. Middle European Scientific Bulletin, 17, 247-250.

Turgunovich, M. A. (2021). Accounting for the costs of carrying out production activities of farms in a market economy in Uzbekistan.“. In DEVELOPMENT ISSUES OF INNOVATIVE ECONOMY IN THE AGRICULTURAL SECTOR” International scientific-practical conference (Vol. 3).

Chulpanovna, K. Z., Botiraliyevna, Y. M., & Turgunovich, M. A. (2021). SOCIETY INTERESTS, PROFESSIONAL COMPETENCE AND ETHICAL REQUIREMENTS FOR PROFESSIONAL ACCOUNTANTS. World Economics and Finance Bulletin, 4, 3-5.

Mamazhonov, A. T., & Mamanazarov, T. A. (2021). СОВЕРШЕНСТВОВАНИЕ УПРАВЛЕНИЯ ПРИБЫЛЬЮ В УСЛОВИЯХ РЫНОЧНОЙ ЭКОНОМИКИ. Theoretical & Applied Science, (5), 127-130.

Downloads

Published

2022-06-21

How to Cite

Azamov Sulaimon Mamatisakovich, & Shokirova Sarvinoz Oybekovna. (2022). INTERPRETATION OF THE DIGITAL ECONOMY IN DEVELOPING COUNTRIES: OPPORTUNITIES AND RISKS OF PHASED IMPLEMENTATION. INTERNATIONAL JOURNAL OF SOCIAL SCIENCE & INTERDISCIPLINARY RESEARCH ISSN: 2277-3630 Impact Factor: 7.429, 11(06), 129–133. Retrieved from http://www.gejournal.net/index.php/IJSSIR/article/view/655