Digitalization of World Economy and Structure of Russian Services Exports

Vyacheslav Pavlovich Shuyskiy
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Vyacheslav Pavlovich Shuyskiy: Institute of Economics RAS

Russian Foreign Economic Journal, 2020, issue 12, 7-17

Abstract: The paper compares the impact of the digitization of the global economy on the industry structure of global and Russian services exports. The benefits of digital information compared to analog information are shown. Digitalization is accompanied among other things by a drastic reduction in the cost of distance data transmission, which facilitates and boosts digital services exports and increases their share in international service trade. It is argued that digitalization of the world economy will only gain momentum in the post coronavirus period. Particular attention is drawn to the low growth rate of Russian digital services exports. Some promising areas for exports are stated.

Keywords: trade in services; Russia; digitization; data transmission; services in digital form; digital infrastructure; coronavirus. (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2020_12_7-17

DOI: 10.24411/2072-8042-2020-10118

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