SOCIAL AND ECONOMIC DEVELOPMENT MODELS IN THE Digital transformation era

Source:
By:Valentina Bondarenko, Ivan Aleshkovski

DOI: https://doi.org/10.30564/jesr.v2i1.468

Abstract:

The article analyses development regularities of human system and investigates possible social and economic development models in the era of digital transformation. The article demonstrates that there are three models that can be applied in the conditions of Industry 4.0 technological revolution with its rapidly emerging digital devices and technology breakthroughs of the 21^st century. These models are shaped in accordance with their development purposes, which can establish different relations between state, society, business, and specific individuals. The authors convincingly show that there is only one model capable of providing sustainable development and creating a new model for economic development, which corresponds to digital technologies of the 21^st century.

References:

1.Aleshkovski, Ivan (2017) ‘Globalization of international migration: social problems and political consequences’, Bulletin of the Peoples’ Friendship University of Russia, Sociology Series, No. 2, Vol. 17, pp. 213-224 (in Russian). (‘Globalizatsiya mezhdunarodnoy migratsii: sotsialniye problemy i politicheskiye posledstviya.’) 2.Bondarenko, Valentina ‘Forecasting the future through the prism of a new methodology for cognition, or the future can only be forecast on the basis of the future’ / Forecasting the future: A new paradigm // Ed. by Fetisov G. G. and Bondarenko V. M. Moscow: Ekonomika, 2008, pp. 220-270 (in Russian). (‘Prognozirovaniye budushchego skvoz’ prizmu novoy metodologii poznaniya, ili prognozirovat’ budushcheye mozhno tol’ko iz budushchego’, Prognozirovaniye budushchego: novaya paradigma.) 3.Bondarenko, Valentina (2011) ‘Contours of future and present-day economies: two paradigms of development’, Bulletin of the Institute of Economics of the Russian Academy of Sciences, No. 2, pp. 25-38 (in Russian). (‘Kontury ekonomiki budushchego i nastoyashchego: dve paradigmy razvitiya’, Vestnik Instituta ekonomiki RAN.) 4.Bell, Daniel (1976) The Coming of Post-Industrial Society: A Venture in Social Forecasting. New York: Basic Books. 5.Bondarenko Valentina (2014) Transition to crisis-free development: a myth or reality? // World Futures.Volume 70. №2. Pp. 93-119. 6.Bondarenko Valentina M., Ilyin Ilya V., Korotayev Andrey V. (2017) Transition to a new global paradigm of development and the role of the United Nations in this process // World Futures. Volume 73. №8. P. 511-538. 7.Barefoot Kevin, Curtis Dave, Jolliff William, Nicholson Jessica R., Omohundro Robert (2018) Defining and Measuring the Digital Economy. Working Paper 3/15/2018. URL: https://www.bea.gov/digital-economy/_pdf/defining-and-measuring-the-digital-economy.pdf. Retrieved on December 20, 2018. 8.The Transformative Economic Impact of Digital Technology. URL: http://unctad.org/meetings/en/Presentation/ecn162015p09_Katz_en.pd. Retrieved on December 20, 2018. 9.Programme ‘Digital economy of the Russian Federation’, Directive of the Government of the Russian Federation No. 1632-r of July 28, 2017 (in Russian). (Programma ‘Tsifrovaya ekonomika Rossiyskoy Federatsii’, rasporyazheniye Pravitel’stva Rossiyskoy Federatsii No. 1632-r.) URL: http://static.government.ru/media/files/9gFM4FHj4PsB79I5v7yLVuPgu4bvR7M0.pdf. Retrieved on December 20, 2018. 10. ‘Council for Strategic Development and Priority Projects meeting. July 5, 2017’, a verbatim report. URL: http://en.kremlin.ru/events/president/news/54983. Retrieved on December 20, 2018.