Development of digital economy and society: trends, risks, and social determinants

Abstract

The experience of developing the digital economy in Ukraine shows a progressive result, exacerbated by the influence of global factors (Russia's war against Ukraine, the coronavirus pandemic, integration, etc.). The development of the digital economy is closely interconnected with the development of society itself. Expanding the implementation of the digital economy leads to deepening society's knowledge of digital tools, including E-commerce, Internet banking, electronic marketing and data exchange, digital business operations, and others. Therefore, identifying relevant trends, and social determinants of the development of the digital economy and society, considering risks by modern conditions, is quite relevant. The article's purpose is to research trends and social determinants of the development of the digital economy and society, considering the risks that accompany them. The analysis of the trends and social determinants of the development of the digital economy and society was carried out, considering the risks accompanying them. It was emphasized that the digital economy is progressively developing in Ukraine using the of the economy, have been identified. It was determined that the formation of state regulation and influence using foreign experience based on stimulation and financing tools is promising for developing the digital economy. It is essential in the process of digital development of the economy to ensure the development of hard and soft digital infrastructure (information and telecommunications, computing, virtualization and data storage, cyber security, blockchain, interoperability, identification and trust, electronic payments and transactions, open data in the life support system, etc.). The main segments of the digital economy (electronic logistics, trade, marketing, banking, insurance, procurement, education, medical insurance, etc.) that are in demand among consumers are revealed. It was emphasized that it is necessary to create appropriate information support to use the relevant segments of the digital economy in Ukrainian society. This will increase the popularity of segments of the digital economy in society. Keywords: digital economy, society, trends, risks, social determinants, infrastructure.