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Considering the structure, scope, and subject composition, the critical analysis of the impact of digitalization of international trade on the economic development of countries is represented. This is due to the technological infrastructural asymmetry of global trade that has arisen due to the presence of a digital divide between developed countries (86.6% of the population have Internet access) and LDCs (19.1% of the population) because these countries do not have access to the Internet and do not have the opportunity to be fully involved in e-commerce and cross-border trade in digital products. An additional barrier to developing digital commerce, particularly in the African and Asia-Pacific regions, is the need for more legislation on various trade aspects of e-commerce, consumer protection (for 40% of LDCs), and data privacy (for 43% of LDCs). The influence of the war in Ukraine on the e-commerce market is determined. It is outlined that the studied demand has decreased by 12 times in 2022 compared to the pre-war period. The e-commerce market began to recover in 2023 gradually. The market is expected to reach an almost complete renewal in Ukraine by the end of 2023. The main task will be to expand the scope of existing free trade agreements (FTAs) to services, e-commerce, and investment for Ukraine. Corresponding trends will be observed in the world's global economy, too. Given the availability of an updated regulatory framework on these issues, Ukraine should become a significant player in a few international markets for services and trade in digital products. It is assumed that e-commerce will grow after the end of the war in Ukraine. Keywords: global trading system, World Trade Organization (WTO), trading system asymmetries, regional trade agreements, liberalization of international trade, institutionalization of international trade, digitalization of trade, international trade in services, e-commerce.
Considering the structure, scope, and subject composition, the critical analysis of the impact of digitalization of international trade on the economic development of countries is represented. This is due to the technological infrastructural asymmetry of global trade that has arisen due to the presence of a digital divide between developed countries (86.6% of the population have Internet access) and LDCs (19.1% of the population) because these countries do not have access to the Internet and do not have the opportunity to be fully involved in e-commerce and cross-border trade in digital products. An additional barrier to developing digital commerce, particularly in the African and Asia-Pacific regions, is the need for more legislation on various trade aspects of e-commerce, consumer protection (for 40% of LDCs), and data privacy (for 43% of LDCs). The influence of the war in Ukraine on the e-commerce market is determined. It is outlined that the studied demand has decreased by 12 times in 2022 compared to the pre-war period. The e-commerce market began to recover in 2023 gradually. The market is expected to reach an almost complete renewal in Ukraine by the end of 2023. The main task will be to expand the scope of existing free trade agreements (FTAs) to services, e-commerce, and investment for Ukraine. Corresponding trends will be observed in the world's global economy, too. Given the availability of an updated regulatory framework on these issues, Ukraine should become a significant player in a few international markets for services and trade in digital products. It is assumed that e-commerce will grow after the end of the war in Ukraine. Keywords: global trading system, World Trade Organization (WTO), trading system asymmetries, regional trade agreements, liberalization of international trade, institutionalization of international trade, digitalization of trade, international trade in services, e-commerce.
It is determined, that Russia’s ongoing war in Ukraine has attracted great attention around the world and caused concern. Radical geopolitical uncertainty is changing the rules of the global economy. Countries must accept new realities and adapt to them, prioritizing flexibility and resilience. Ukraine needs to take advantage of the geostrategic window of opportunity for innovation and investment modernization of all sectors of the economy, especially the agricultural sector, as one of the main export-oriented sectors designed to ensure food security and healthy nutrition not only for the domestic market but also for the growing global population; to become an important regional actor and eventually integrate into the European Union, to avoid becoming an outsider in the global economy. The research is devoted to the study and analysis of the problems of innovation and investment modernization of the agricultural sector in accordance with the requirements of sustainable development and global geopolitical uncertainty in order to take advantage of the geostrategic window of opportunity in the post-war period. The purpose of the study is a comprehensive assessment of innovation and investment transformations taking place in the agricultural sector in countries in the context of the challenges of global sustainable development in order to determine the priorities of institutional regulation and organizational and economic mechanisms for the development of foreign economic activity of agricultural enterprises in Ukraine in order to take advantage of the geostrategic window of opportunity in the post-war period. The objective of the scientific research is to identify the most successful group of countries in terms of implementation of intensification of production activities, efficiency of implementation of innovation policy and ability to meet the needs for food, taking into account the requirements of sustainable development, substantiation of recommendations for innovation and investment modernization of agricultural production activities of domestic producers, determination of priorities for institutional regulation and organizational and economic mechanisms for the development of foreign economic activity. The following methods of scientific research were used in the article: the method of system analysis, forecasting, generalization, modeling, namely, clustering by the K-Means algorithm. The leading countries with highly innovative agro-industrial sectors are grouped and their experience in formulating state policies aimed at supporting innovative transformations of the agro-industrial complex is summarized. The priority directions of institutional regulation and organizational and economic foundations for the development of foreign economic activity of agricultural enterprises of Ukraine are substantiated. Keywords: clustering, geostrategic window of opportunity, international trade, foreign trade, foreign economic activity (FEA), exports, imports, organizational and economic foundations and mechanisms, institutional regulation, innovation and investment modernization and transformation, institutional design of development, state support, state policy, business environment, sustainable development, agricultural production, agricultural sector, agriculture, agricultural enterprises, agricultural products, agricultural products, world / international economy.
In today's world, globalization and digital technologies are significantly transforming the landscape of international trade. Digital transformation has become a critical aspect that determines the competitiveness of countries and businesses in the international arena. The study aims to identify the impact of the digitalization of international trade on the economic development of countries and their competitiveness based on technological innovations that determine the future of global competition at the country and company levels, affect trade processes, and identify and justify investment priorities to support digital transformation in Ukraine.The study analyzes the impact of the digitalization of international trade on the economic development of countries, which is caused by the digital divide between developed and least developed countries (LDCs). Developed countries are characterized by Internet coverage and access of more than 90%, as opposed to LDCs, where the corresponding figure is less than 20%. Given the current conditions of access to the Internet, the countries of the latter group are not able to be fully involved in e-commerce and cross-border trade in digital products. An additional barrier to developing digital commerce in certain regions of the world is the need for more legislation on various e-commerce trade issues.The impact of the war in Ukraine on the e-commerce market is determined: the e-commerce market declined 12 times in 2022 compared to the pre-war period and began to recover gradually in 2023. The market is expected to recover almost fully in Ukraine by the end of 2023 or early 2024. The main challenge for Ukraine will be to expand the scope of the existing free trade agreements to cover services, e-commerce, and investment. Ukraine should become a significant player in several global markets for services and digital products, given the availability of an updated regulatory framework on these issues. E-commerce is expected to grow rapidly after the end of the war in Ukraine.
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