id: 27726
Title: Modern model of ties between the participants of economic relations in terms of post-industrial development of society
Authors: Fostolovych V.
Keywords: Households, Agriculture, digitization, system, power, economic relations, economic entities
Date of publication: 2021-01-29 11:17:14
Last changes: 2021-01-29 11:17:14
Year of publication: 2021
Summary: We have studied the relationship between the participants in economic relations in terms of post-industrial development. Existing modern technologies and technical capabilities, which are formed on the basis of the use of digital technologies have changed the approach to the system of relations between market participants. Modern digitalization, which has become a necessary tool for economic relations between economic entities has changed the capabilities of each of the participants in this process. The very structure of economic relations and the technology of realization of such relations have also changed. The very structure of economic relations and the technology of realization of such relations have also changed. Households are becoming a new equal participant in economic relations. The level of development of households and the intensity of their inclusion in the system of economic relations of the state is one of the indicators of the level of economic development of the state. In the conditions of digital economic relations special requirements to the goods (works and services) which are made by subjects of managing have been formed. Demand requirements can be met only by applying an individual approach to each of the clients. It is households that can focus their activities on securing specific orders. Involving households in the chain of economic relations between market participants will help to obtain an economic effect for all its participants. We investigated that households are an important subject of the entire economic system of Ukraine, which has an impact on the formation of GDP. We have proposed a mechanism for the formation of links between economic entities and the involvement of households in the overall economic process as an equal economic institution of economic relations. We have developed a scheme of relations between participants in market relations, which will help ensure the required level of resource needs in the production process, and will improve the economic condition of each of the participants in this system of relations and the state as a whole. The implementation of such a model requires the formation of a single information database with a differentiated level of access for each of the participants in the business process. Active introduction of digitalization in the system of economic relations and in the economic process, along with the formation of innovative production takes the implementation of the main strategy of state development
URI: http://socrates.vsau.org/repository/getfile.php/27726.pdf
Publication type: Статті у зарубіжних наукових фахових виданнях (Copernicus та інші)
Publication: Norwegian Journal of development of the International Science. Norway : Oslo, 2021. № 53, vol. 2. Р. 3-14.
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