Proceedings of the III International Scientific and Practical Conference "Digital Economy and Finances" (ISPC-DEF 2020)

Institutional Transformation of the Socioeconomic System Under the Impact of Digitalization Processes

Authors
Vera Nikiforova, Irina Sergeeva, Viktor Vasilyonok, Aleksandr Nikiforov
Corresponding Author
Vera Nikiforova
Available Online 24 April 2020.
DOI
https://doi.org/10.2991/aebmr.k.200423.036How to use a DOI?
Keywords
information technology, economic regulation, trust and liability institutions, factors of influence on the socioeconomic sphere
Abstract
The paper analyzed the processes of creating new institutions and transforming the activity of the existing institutions under the impact of digitalization in the time of economic instability and sociopolitical risks and threats. The authors consider different scientific views of public and intercountry regulation of the widespread introduction of digital technology into the global and national economies. In this context, such a matter is considered as the “trust-responsibility” combination in smart contracts and other agreements of a new type, which embrace the interaction of human and non-human subjects as an integral whole. The aim of the article is to theoretically understand the transformation processes of legal institutions from the position of qualitative analysis of the change in socioeconomic relationships, develop conclusions and recommendations for the effective use of modern methods, approaches and tools of regulation so that not only economic stability but also economic growth is ensured.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Vera Nikiforova
AU  - Irina Sergeeva
AU  - Viktor Vasilyonok
AU  - Aleksandr Nikiforov
PY  - 2020
DA  - 2020/04/24
TI  - Institutional Transformation of the Socioeconomic System Under the Impact of Digitalization Processes
BT  - Proceedings of the III International Scientific and Practical Conference "Digital Economy and Finances" (ISPC-DEF 2020)
PB  - Atlantis Press
SP  - 166
EP  - 169
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200423.036
DO  - https://doi.org/10.2991/aebmr.k.200423.036
ID  - Nikiforova2020
ER  -