THE ROLE OF DIGITALIZATION IN THE MODERNIZATION OF THE ECONOMY OF COUNTRIES IN THE CONTEXT OF GLOBALIZATION

Authors

  • Nurullaev Mardon Bakhtiyor o`g`li Master`s degree student at the University of World Economy and Diplomacy

Keywords:

Digitalization, ICT sphere, digital economy, digital sector, block chain, Artificial intelligence.

Abstract

Digitalization has become a key driver of economic modernization in the context of globalization. The rapid advancement of digital technologies has transformed various sectors, reshaping business operations and enhancing productivity. This article examines the crucial role of digitalization in the modernization of economies within the framework of globalization. It highlights how digitalization improves connectivity and market access, enhances efficiency and productivity, fosters innovation and entrepreneurship, transforms international trade dynamics, and promotes data-driven decision-making. Embracing digital transformation enables countries to unlock new economic opportunities, improve competitiveness, and drive sustainable economic growth.

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Published

2023-10-11

How to Cite

Nurullaev Mardon Bakhtiyor o`g`li. (2023). THE ROLE OF DIGITALIZATION IN THE MODERNIZATION OF THE ECONOMY OF COUNTRIES IN THE CONTEXT OF GLOBALIZATION. Ethiopian International Multidisciplinary Research Conferences, 1(1), 144–147. Retrieved from https://eijmr.org/conferences/index.php/eimrc/article/view/44