Assessment of Modern Global Trends in Digital Trade and Finance

The article describes the main directions of development of the digital economy through comparison of different countries. The authors argue that modern transformation processes in the international trade and finance system are aimed at ensuring its full digitalization and use of the IT in every branch of national economy. The authors conclude that the digitalization of the economy in the future will be a key institutional tool for improving the quality of production and living standards of the population. The authors address the following main areas of digital transformation: Digital transformation of economic sectors and crosssectoral transformation (digitization of physical assets, creation of added value through digital models, end-to-end processes, useful data; development of the data industry, development of digital platforms and ecosystems; creation of an environment for digital innovation); Digital transformation of the market of goods, services, capital and labor (cross-border e-Commerce; protection of intellectual property rights and consumer rights of the digital market; financial and technical innovations, joint mechanisms of risk, alternative and venture financing of digital innovations, digital skills and productivity; remote hiring and employment); Digital transformation of management processes and integration processes (modeling of processes and norms; mechanisms of development of initiatives and implementation of projects; integrated information system; interstate services; digital ecosystems); Development of digital infrastructure and security of digital processes (interoperability; networks of the latest generation - 4G and 5G; critical digital infrastructure; security of digital processes and infrastructure). According to the results of the study concluded, that the dynamics of the economy in the digital age are not only driven by new technology companies and enterprises: more than 75% of the value added comes from traditional industries through increased productivity through the use of the Internet and management of networks. As the world experience shows, the digital economy is the driving force for accelerating global economic development, increasing production productivity, creating new markets and industries. It also opens up new opportunities for inclusive and sustainable growth. However, the acceleration of economic development is achieved by those countries and economic associations that systematically build the foundations and mechanisms of leadership in the digital economy.