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Digitalization and Its Impact on the Russian Economy

Proceeding
All-Russian Scientific Conference with International Participation «Prospects for Socio-Economic Development of Russia»
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Published in:
All-Russian Scientific Conference with International Participation «Prospects for Socio-Economic Development of Russia»
Author:
Islam K. Khakiashev 1
Scientific adviser:
Tatyana L. Fomicheva1
Work direction:
Экономические процессы современного российского общества
Pages:
72-75
Received: 3 November 2020

Rating:
Article accesses:
2124
Published in:
РИНЦ
1 FSFEI HE "Financial University under the Government of the Russian Federation"
For citation:
Khakiashev I. K. (2020). Digitalization and Its Impact on the Russian Economy. Prospects for Socio-Economic Development of Russia, 72-75. Чебоксары: PH "Sreda".

Abstract

The modern world develops at an incredible speed. The old is being replaced with new, better and more optimal one. The article examines digitalization which is a new trend in the formation of the bases of various social life’s spheres, which has its own characteristics, advantages and weaknesses. Most of all, it affects the economy. Digitalization can both improve the efficiency of economic activity and cause se-rious, large-scale threats and risks that can have a huge, significant impact on the structure of the economy. Understanding the consequences of the introduction of information technologies as new models of production methods is essential. This article is devoted to the study of the role of digitalization in the development of the economy and its direct impact within the Russian Federation.

References

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