Authors

  • Ravshan Abduraxmanov
    Doctor Of Philosophy In Technical Sciences, Associate Professor Of Jizzakh Branch Of The National University Of Uzbekistan
  • Murotjonova Mubina Dilshod Qizi
    Jizzakh Branch Of The National University Of Uzbekistan Named After Mirzo Ulugbek, Faculty Of “Psychology”, 5230100 - Economy (By Industries And Sectors), Student Of Group 140-20, Uzbekistan

DOI:

https://doi.org/10.71337/inlibrary.uz.ijasr.131283

Keywords:

Digitalization information technologies microelectronics

Abstract

The digital economy is the result of the analysis of these processes based on the use and processing of large amounts of data, it is an activity in which digital information is considered the main factor of production, which allows to significantly increase the efficiency of storage, sale and delivery of various productions, technologies, equipment, goods and services. This article discusses foreign experience and innovation in the development of the digital economy. In today’s fast-paced global economy, the digital economy is at an early stage of development, and it will only take a few years for our world to fully transition to digital information.


background image

Volume 03 Issue 07-2023

158



International Journal of Advance Scientific Research
(ISSN

2750-1396)

VOLUME

03

ISSUE

07

Pages:

158-164

SJIF

I

MPACT

FACTOR

(2021:

5.478

)

(2022:

5.636

)

(2023:

6.741

)

OCLC

1368736135
















































A

BSTRACT

The digital economy is the result of the analysis of these processes based on the use and processing of large
amounts of data, it is an activity in which digital information is considered the main factor of production,
which allows to significantly increase the efficiency of storage, sale and delivery of various productions,
technologies, equipment, goods and services. This article discusses foreign experience and innovation in

the development of the digital economy. In today’s fast

-paced global economy, the digital economy is at an

early stage of development, and it will only take a few years for our world to fully transition to digital
information.

K

EYWORDS

Digitalization, information technologies, microelectronics, global, neuro-technologies, network, digital
economy, revolution, humanity, international competition, internet, digital technology, competitor,
communication.

I

NTRODUCTION

Uzbekistan aims to take a strong place among the
strong

democratic,

advanced

developed

countries. Entering the ranks of the 50 developed
countries of the world is the main task. The

Journal

Website:

http://sciencebring.co
m/index.php/ijasr

Copyright:

Original

content from this work
may be used under the
terms of the creative
commons

attributes

4.0 licence.

Research Article

PROSPECTS OF DIGITIZATION OF THE ECONOMY


Submission Date:

July 20, 2023,

Accepted Date:

July 25, 2023,

Published Date:

July 30, 2023

Crossref doi:

https://doi.org/10.37547/ijasr-03-07-28


Ravshan Abduraxmanov

Doctor Of Philosophy In Technical Sciences, Associate Professor Of Jizzakh Branch Of The National
University Of Uzbekistan

Murotjonova Mubina Dilshod Qizi

Jizzakh Branch Of The National University Of Uzbekistan Named After Mirzo Ulugbek, Faculty Of

“Psychology”, 5230100

- Economy (By Industries And Sectors), Student Of Group 140-20, Uzbekistan


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Volume 03 Issue 07-2023

159



International Journal of Advance Scientific Research
(ISSN

2750-1396)

VOLUME

03

ISSUE

07

Pages:

158-164

SJIF

I

MPACT

FACTOR

(2021:

5.478

)

(2022:

5.636

)

(2023:

6.741

)

OCLC

1368736135















































reforms in this regard are being implemented in
order to create decent conditions for our people.
If you are paying attention, in recent years, the
leaders of Uzbekistan have been recognized by
the international community. In particular, the

fact that the prestigious “The Economist”
magazine named Uzbekistan the “Country of the
Year” among nearly two hundred countries of the

world is a confirmation of our opinion. That is,
this publication found Uzbekistan to be the
country that has changed the most for the better
in the world in 2019. It is worth noting that the
news is of special importance because no country
of Central Asia has been considered worthy of
such recognition until Uzbekistan. However, until
recently, our republic was considered by most

analysts as one of the “most closed” countries in

the world. Frankly speaking, such an optimistic
message

about

our

country

resonated

internationally. Of course, this is a practical
expression of the domestic and foreign policy that
has been rationally implemented in our country
for a short period of time.

Digitalization of the economy is the widespread
introduction of digital technologies into the
economy. This phenomenon is associated with
the rapid development of information technology,
microelectronics and communication in most
countries of the world. Digitalization of the
economy is a global process. Development of
advanced manufacturing technologies (ATT),
end-to-end information technologies, neuro-
technologies, Internet of Things and artificial
intelligence.

There are many approaches to defining the
concept of "digital economy". The World Bank
describes the digital economy as a system of
economic, social and cultural relations based on
the use of digital information and communication

technologies. In the program “Digital economy”
and “Strategy for the development of the
information society until 2030”, the digital

economy is defined as increasing the efficiency of
the modern economy mainly through data
processing technologies and automation of all
processes. Compatible with the technologies of
the fourth industrial revolution a holistic,
systematic, complex problem of finding a model
of relations between people with digital
technologies and other high technologies of the
21st century and in its formation, development
and implementation should ensure the
achievement of an objectively defined goal,
characterizes the digital economy. The system of
economic relations mediated by technological
progress, global networks and information
systems is the digital economy. In the near future,
the competitive advantage will belong to
companies and countries with a high level of
digitization.

Already, the world’s leading companies are

actively implementing digital tools in various
sectors of the economy, financing the
construction of data centers and implementing
systems for storing business operations and
customer data. Digital tools make it possible to
combine production with individuality, shorten
the period from the development of an innovative
idea to the sale of a finished product, and achieve


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VOLUME

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158-164

SJIF

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FACTOR

(2021:

5.478

)

(2022:

5.636

)

(2023:

6.741

)

OCLC

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effective customization to meet consumer
demands.

In general, the digital economy is the result of the
analysis of these processes

based on the use and processing of large amounts
of data, it is an activity in which digital
information is considered the main factor of
production, which allows to significantly increase
the efficiency of storage, sale and delivery of
various productions, technologies, equipment,
goods and services. In the future perspective of
modern development, technologies for working
with large-scale data (Big Data), artificial
intelligence,

neuro-technologies,

quantum

technologies, Internet of things, robotics and
sensors, digital electronic platforms, cloud and
mobile technologies, virtual and augmented
reality technologies, digital technologies such as
crowdsourcing,

blockchain

technologies,

cryptocurrencies and ICOs, 3D-technologies are
becoming crucial. It is noted that the digital
economy will cause incomparable changes in
more than half of the existing industries. For
example, according to experts of the World Bank,
a 10% increase in the number of high-speed
Internet users allows to increase the gross
volume of national economies by an average of
0.4-1.4% every year. The growth rate of the
digital economy in the world is almost 20 percent
per year. In developed countries, the share of the
digital economy in the gross domestic product
has reached 7%. They are already benefiting
greatly from the introduction of the digital
economy. To appreciate the growing importance
and influence of digitization, it is enough to look

at the share of global market capitalization of
several large technology companies and digital
platforms in the last decade.

In the course of such rapid changes and
intensifying competition in the world community,
it is a fact that we will not be able to sustainably

develop our country’s economy and ensure its

competitiveness in the near and far future
without the widespread introduction of
innovations and digital technologies, and this is in
turn, it requires strengthening scientific and
practical efforts. In this regard, a number of
measures have been taken to introduce digital
technologies into the socio-economic life and
public administration system of our country as
part of the comprehensive reforms carried out for
the radical modernization of our national
economy in recent years. For example, the

introduction of the “Electronic Government”

system in our country is an integral part of the
development of the digital economy, and its main
goal is to simplify the transition from
administrative procedures and procedures, to
increase the quality of life of the population, and
to improve the investment and business
environment.

In order to implement the main tasks, as well as
to achieve the goal of developing a digital society
in our country, creating favorable opportunities
for residents and entrepreneurs, and developing
an effective and open public administration
system free from bureaucratic obstacles and
corruption factors, today all sectors of the
economy the national concept of "digital
economy" is being developed, which involves


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SJIF

I

MPACT

FACTOR

(2021:

5.478

)

(2022:

5.636

)

(2023:

6.741

)

OCLC

1368736135















































updating on the basis of digital technologies, and
it is expected to create an opportunity to increase
the volume of the gross domestic product by an
additional 30% through the development of the
digital economy.

In the conditions of globalization of the world
economy and technological development, it is
difficult to imagine the economic development of
Uzbekistan without the digital economy.
According to research, a quarter of global GDP
will be in the digital sector by 2022. However, the
fact that Uzbekistan occupies the 103rd place
among more than 170 countries according to the
international

index

of

development

of

information and communication technologies
indicates that there are still many issues that need
to be solved in this field in our country. will give.

The head of our state said that, “In 2019, although

our country rose by 8 places according to the
international

index

of

development

of

information and communication technologies, it
is still very far behind. Most of the ministries,
agencies, and enterprises are completely far from
digital technologies, this is also true. Of course, we
know very well that building a digital economy
requires the necessary infrastructure, a lot of
money and manpower. However, no matter how

difficult it is, if we don’t start it today, when will

we? Tomorrow will be too late. Therefore, active
transition to the digital economy will be one of
our top priorities in the next 5 years. Digital
technologies not only increase the quality of
products and services, but also reduce excess
costs. At the same time, they are also an effective
tool in eradicating the scourge of corruption,

which worries and bothers me the most. We all
need to understand this deeply. It is possible to
widely introduce digital technologies in state and
community management, social sphere, increase
productivity, in a word, dramatically improve

people's lives”.

It should be noted that some elements of the
digital economy are already successfully
operating in the life of our country. In particular,
taking into account the mass transfer of
documents and communications to digital means,
authorization of electronic signatures and
communication with the state are also being
transferred to electronic platforms.

In conclusion, it should be said that the qualitative
development of economic sectors, the social
sphere and the state management system in the
current period of human development and in the
near future is directly related to the widespread
introduction of digital technologies. The prospect
of our country's development also depends on the
development of the digital economy and the level
of coverage of digital technologies. To achieve
this, it is appropriate to list the following basic
conditions and priorities for the development of
the digital economy:

creation of an institutional environment and
digital infrastructure for the stable operation
of digital technologies, the provision of public
services, the wide introduction of digital
technologies in the real sector of the economy,
healthcare and other areas, as well as the
territory of the Republic of Uzbekistan step by
step to ensure as full coverage as possible with


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SJIF

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)

(2022:

5.636

)

(2023:

6.741

)

OCLC

1368736135















































the possibilities of connecting to the global
Internet network at the level of developed
countries;

to expand the scope of personnel training and
to train qualified programmers and
engineering technicians with in-depth
knowledge in these areas, to teach modern
information technologies that fully meet
international standards at all levels of the
educational system, including successful

implementation

of

the

“1

million

programmers” project together with our

foreign partners;

to strengthen the scientific-theoretical base in
the field of digital economy and to support
scientific activities in this field with the

purposeful use of the funds of the “Digital
Trust” fund;

holding seminars, courses and other events in
educational institutions in order to promote

and expand “digital literacy” among the broad

strata of the population, to involve them in
mastering information technologies;

strengthening of the regulatory and legal
framework in the field of digital economy and
improvement of legal documents, as well as
creation of the legal basis for the concept and

activity of “startup” and

their financing

through venture funds;

to organize a labor market that meets the
requirements of the digital economy and to
increase its mobility, to improve the
qualifications of specialists for the rapid
assimilation of new technologies;

strengthening international cooperation in
the field of digital economy, implementation

of joint projects with leading international
technological companies, including the
establishment of modern scientific and
production laboratories for innovative
developments.

International experience shows that today digital
technologies are rapidly developing mainly in the
scientific community and the private sector.
Therefore, the state should create a favorable
ecosystem by supporting innovative projects and
IT companies in these areas. Also, the state should
support modern methods of digital education in
the field of supporting the innovative and digital
ecosystem, develop norms for effective regulation
of innovative services, help in the development of
new markets, and reduce risks arising from the
deepening of technological processes, it is
appropriate to take measures.

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158-164

SJIF

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Volume 03 Issue 07-2023

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International Journal of Advance Scientific Research
(ISSN

2750-1396)

VOLUME

03

ISSUE

07

Pages:

158-164

SJIF

I

MPACT

FACTOR

(2021:

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Mesenbourg T.L. (2001) MeasuringtheDigital Economy, US Bureau of the Census, Suitland. Available at: (acc. 01/02/20). ions. Canberra: DBCDE (2009) Australia’s Digital Economy: Future Direct.

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Machlup F. The Production and Distribution of Knowledge ni the United States. -NJ.: Princeton, 1962. - 283 p.

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Abdurakhmanov R. Determination of traffic congestion and delay of traffic flow at controlled intersections //The American Journal of Engineering and Technology. – 2022. – Т. 4. – №. 10. – С. 4-11.

Азизов К. Х., Абдурахмонов Р. А. ПУТИ ОБЕСПЕЧЕНИЯ БЕЗОПАСНОСТИ ДОРОЖНОГО ДВИЖЕНИЯ В КРУПНЫХ ГОРОДАХ РЕСПУБЛИКИ УЗБЕКИСТАН //The edition is included into Russian Science Citation Index. – 2015. – С. 70.

Anarbayevich A. R., Jamshid o‘g‘li K. I. YOSHLARNING AXBOROT OLISHGA NISBATAN MUNOSABATINI SHAKLLANTIRISH //International Journal of Contemporary Scientific and Technical Research. – 2022. – С. 10-13.

Азизов К. Х., Абдурахмонов Р. А. Методика оценок условий движения автобусов на улицах города Ташкента.«Организация и безопасность дорожного движения в крупных городах» //Сборник докладов девятой международной конференции Санкт-Петербург. – 2010. – С. 23-24.

Абдумаликов А., Абдурахманов Р., Хайитгул Ш. ИНФОКОММУНИКАЦИЯ ОБЪЕКТЛАРИНИНГ ЭНЕРГИЯ ТАЪМИНОТИ МАНБАЛАРИНИ МОНИТОРИНГ АЛГОРИТМЛАРИ //International Journal of Contemporary Scientific and Technical Research. – 2023. – С. 146-150.

Anarbaevich A. R., Saidakhmadovich M. M. Analysis of Road Conditions Affecting Transport Flow Using Throwable Roads //Texas Journal of Engineering and Technology. – 2022. – Т. 14. – С. 112-115.

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