DIGITAL ECONOMY WITHIN THE EURASIAN ECONOMIC UNION: CURRENT STATE AND DEVELOPMENT PROSPECTS

Dinara B. Kalybekova (), Galiya N. Sansyzbayeva (), Madina O. Koishybaeva (), Tolkyn Ospanbek () and Aitolkyn B. Kulmaganbetova ()
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Dinara B. Kalybekova: Senior Lecturer at the Department of Finance and Accounting, University of International Business, Almaty, Republic of Kazakhstan
Galiya N. Sansyzbayeva: Professor at the Department of Management, Al-Farabi Kazakh National University, Almaty, Republic of Kazakhstan
Madina O. Koishybaeva: Senior Lecturer at the Department of Management and Foundations of Law, Kazakh National Women's Teacher Training University, Alma-Ata, Republic of Kazakhstan
Tolkyn Ospanbek: Senior Lecturer at the Department of Management and Foundations of Law, Kazakh National Women's Teacher Training University, Alma-Ata, Republic of Kazakhstan
Aitolkyn B. Kulmaganbetova: Senior Lecturer at the Department of Management and Foundations of Law, Kazakh National Women's Teacher Training University, Alma-Ata, Republic of Kazakhstan

Regional Science Inquiry, 2021, vol. XIII, issue 1, 31-48

Abstract: Theoretical ideas about the influence of growing information flows on the current socio-economic system can be found in the concepts of the post-industrial and information society. Changes in production processes, the reorientation of production with the development of material goods for the provision of services, the globalisation of the economy are noted by theorists of the digital community as more fundamental properties of the newest type of society, caused by informatisation. The digital era is defined by continuous streams of data containing information, knowledge, ideas, and innovation. Global digital transformation (digitalisation) has changed not only the economic, but also the social vision of the world. The rapid growth of high-tech production is a key development trend in the modern world industry. However, the situation in developing countries as well as in “countries with economies in transition” differs from that in developed countries. Accordingly, the purpose of the study is to analyse digital transformation in the socio-economic aspect of the countries of the Eurasian Economic Union. The readiness of the countries of the Eurasian Economic Union (EAEU) as a whole for the digital transformation of the economy and society. Within the framework of the study, the main theoretical approaches to understanding digitalisation and its main processes are identified, the opinion of various authors regarding the understanding of the category of digitalisation and digital transformation of the economy is presented. The trends of digital transformation of both the Eurasian Economic Union and in the context of the participating countries, the main prerequisites and main difficulties in this process are considered, the main problems are identified, and the main prospects are also considered. Prospects for further research are conditioned by the subsequent study of the trends in digital transformation of the EAEU countries, considering the differentiation of the EAEU countries by the level of industrial development, as well as by the degree of lagging behind the global transition trends. The study is of practical value within the framework of summarising data on the main directions of digital transformation development, as well as on the existing difficulties in the EAEU countries regarding this process.

Keywords: Industry 4.0; digitalisation; business structures; digital transformation; national economic systems. (search for similar items in EconPapers)
JEL-codes: F55 F63 R50 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (4)

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