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The State Economical Regulation Practice Modernization in Terms of Business Digitalization
Abstract
In the present conditions of the world economy development, the efficiency of traditional measures of governance is significantly reducing. The globalization, the formation of transnational networks of inputs and finished goods distribution, and the mobilization of capital and labor are limiting the regulatory competences of governments, and are threatening their existence as economical subjects. Under these conditions it requires upgrading to modernize the infrastructure and the principles of government regulation. The study takes a new paradigm of state economic regulation, based on the synchronization of interests of business, state, and society, and on the defining the principles of government participation in the global economic processes. As a tool for business consolidation and improving the efficiency of state regulation, the formation of e-government was considered. The paper characterizes the e-government as a new form of state regulation of economy. The factors of effective e-government implementation strategy were analyzed. The experience of digitalization of governmental functions in modern states, and the rates of asynchrony of development of electronic government in the world as they relate with the economic efficiency of modern states, were considered.
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