DIGITAL CHANGES IN THE ECONOMIC SYSTEM: FROM THE STRATEGY OF CATCHING UP DEVELOPMENT TO INSTITUTIONS ADVANCING
Currently, all countries of the world are at the stage of entering the digital space. The speed and nature of the changes, as well as their basic laws allow us to judge the need to manage these transformations, taking into account the characteristics of socio-economic, institutional, political development of a country. The article reveals the essence of the ongoing digital transformations and proposes the author's classification of digital transformations on the continuum, discrete and discrete-continuum. It is proved that the leading countries of the world community are on the path of continuous digital transformation, and outsiders - discrete. It is proved that for the countries claiming in the future to take a leading position in terms of digital development, it is necessary to implement discrete-continuous transformation through institutions of advanced development. The mechanisms of advanced development of the digital economy are proposed: the formation of a new system of institutions, the creation of a new structure of social production, the fulfillment of social conditions for the consolidation of digital transformations.