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ECONOMY AND GLOBALIZATION, THE RULE OF LAW AND MEDIA IN THE CONDITIONS OF DIGITALIZATION IN THE WESTERN BALKAN COUNTRIES

By
Ibrahim Jusufranić
Ibrahim Jusufranić

Abstract

The new economy means profound changes in society and in the economy, and its final result should be the growth of living standards of the people. The digital economy is a modern way in which information technologies and especially the Internet are used. It has led to a transition from an industrial economy to an economy characterized by information, intangible assets, invisible values, services and a new form of organizing institutional forms. From the 1990s onwards, less and less in the economy, the problem of development was viewed through the settings of old models, but the main sources of economic growth were focused on technological change, improvement of innovation and education of the workforce capable of managing new technology. These preferences, according to research, allow strong economic growth without inflation and low unemployment, and enable growth in production capacity. Under the influence of advanced technology, the modern world is globalizing, but the inhabitant of such an environment is increasingly localized, that is why selected parts of the global world are being 'drawn' into their everyday spaces. In today's highly urbanized world, the unique and increasing influence of new information technologies, especially those of wireless (laptops, cell phones, internet), is undeniable

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