Economy and management in the conditions of digitalization

Abstract

Purpose of the article is to identify the methodological aspects of economics and management in the context of the transformation of the national economy under the influence of globalization processes. The methodological basis of the research is the use of logical and systematic approaches, general philosophical, general scientific and historical methods, analysis and synthesis. The scientific novelty of the results obtained consists in rethinking the determinants of the state of the global economy, an attempt to philosophical and economic understanding of the digital economy and defining its boundaries. Conclusions. The digital economy is a system of economic relations based on the realization of digital human potential through the use of information and communication and end-to-end technologies, functioning in a sustainable innovationoriented institutional environment, aimed at increasing labor productivity and improving the welfare of society in the process of production, distribution, exchange and consumption of goods and services. The need for further research in the field of economics and international management in the context of sufficient radical transformation of the global economy, including from the perspective of the coronavirus pandemic, as well as the importance of applying new management methods and tools in the era of the digital economy. Key words: electronic economy, digital economy, virtual economy, modern information technologies, enterprise cloud infrastructure, coronavirus, opportunities