Digital Technologies in International Business

Yuri Anatolievich Savinov, Galina Aleksandrovna Orlova, Anna Vasilyevna Skurova and Evgenija Vadimovna Taranovskaja
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Yuri Anatolievich Savinov: Russian Foreign Trade Academy, Moscow, Russia
Galina Aleksandrovna Orlova: Russian Foreign Trade Academy, Moscow, Russia
Anna Vasilyevna Skurova: MGIMO-University, Moscow, Russia
Evgenija Vadimovna Taranovskaja: Russian Foreign Trade Academy, Moscow, Russia

Russian Foreign Economic Journal, 2025, issue 5, 19-32

Abstract: In the digital age, international trade has undergone a radical transformation. Digital technology has infused all aspects of business, redefining the boundaries and traditional practices of global commerce. The velocity of information, ease of communication and efficiency of online transactions have disrupted established economic models. The dematerialization of processes and their global interconnectedness raise pressing questions about the evolution of business practices. The digital revolution has profoundly changed the landscape of international trade, increasing the transaction speed and reducing physical and temporal distances. The emergence of new marketplaces has created new opportunities for businesses and entrepreneurs around the world, making competition more vigorous and accessible.

Keywords: digitalization; digital technologies; artificial intelligence; blockchain; international trade (search for similar items in EconPapers)
JEL-codes: L63 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2025_05_19-32

DOI: 10.24412/2072-8042-2025-5-19-32

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