The Impact (Of Digital Transformation On International Economic Systems (A Comparative Study Between India And The UAE)
Keywords:
Digital transformation, digital economy, artificial intelligence, blockchain technology, Internet of Things.Abstract
The study aimed to analyze the impact of digital transformation on the structure of the international economy, examine the extent of the digital economy's impact on the distribution of economic power among countries, and highlight the opportunities and challenges posed by the digital economy. It also conducted an empirical study on digital transformation in India and the UAE, adopting a descriptive and analytical approach.
The study concluded with several key findings, the most important of which are: - Digital transformation has played a significant role in changing the nature of international economic relations. This is due to the way these transformations have altered the way economic and commercial operations are conducted internationally, changing the patterns of government work and payment systems, and creating numerous job opportunities online. - Digital transformation has contributed to enhancing economic growth in India and the UAE by utilizing components of the digital economy to achieve competition across digital platforms, expanding the number of global markets, and creating job opportunities.