E3S Web of Conferences (Jan 2020)

Conceptual framework of state economic policy in the technological and social transformation conditions

  • Vertakova Yulia,
  • Plotnikov Vladimir,
  • Babich Tatyana

DOI
https://doi.org/10.1051/e3sconf/202016411016
Journal volume & issue
Vol. 164
p. 11016

Abstract

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Current economic development trends are based on a modernization concept. This concept provides a transition to an innovative path of economic development. The priority is to increase the strategic competitiveness necessary to ensure a technological breakthrough. These changes cause an institutional and technological transformation. The result is the formation of a transformational economy. Transformation processes caused by the transition of many countries to the post-industrial era (this era is based on fundamentally new information and communication, bio, nano and other technologies) affect the economy and are reflected in state economic policy. The article forms the conceptual foundations of the implementation of state economic policy in the era of technological and social transformation. The authors substantiated the basic principles of politics, taking into account the challenges of the 4th industrial revolution. The article provides a comparative analysis of Russia and individual countries of the world to achieve the goals of implementing state economic policy in the conditions of technological and social transformation. The purpose of the study is to justify the modern directions of the implementation of state economic policy of digital globalization.