National Models of Digitalization of Economy of the USA, the UK and the EU-Countries

Abstract

The article is dedicated to development of the concept of digitalization of economies of developed countries in current conditions in terms of the changing technological orders. Such countries as the USA, the UK and the countries of the EU were chosen for the research on the basis of some common features of development, in particular the level and the way of development, quality of life of people, mentality. The national models of the USA and the UK have been characterized and overall characteristic to the national economies of the EU-countries has been given. The level of digitalization of the economies of the chosen countries has been estimated. It has been shown that the mentioned countries have become the world leaders in the process of digitalization thanks to their commitment to the scientific and technological progress integrated into culture and mentality of people and thanks to the well-thought government policies. In terms of pandemic that has recently occurred in the world the digitalization has transformed into the tool of providing the economic development. The restrictions in movement of people have made it possible to communicate and to provide management of all spheres of economy and the business running via digital technologies. The production relations have obtained the new forms. The developed countries of the world showed themselves to be ready to meet the challenges thanks to the digital technologies widespread. The new technological order is being formed in current conditions where the digital forms of providing economic development become crucial.