The role of digitalization in the development of regions and the use of their potential in terms of sustainable development

Abstract

The study substantiates the determining role of digitalization and its tools in the development of regions and the use of their potential in terms of sustainable development. The methodological basis of the study was a systemic and process approach, as well as a dialectical method of scientific knowledge. Clarification of the main features of the potential of the regions and its properties made it possible to highlight the importance of digitalization for the economic development of regions and the achievement of sustainable development goals. The directions of increasing the efficiency of the information and communication environment of the regions are substantiated. The role of digitalization development in increasing the involvement of potential opportunities of regions in their development to ensure the achievement of sustainable development goals and ways to stimulate the activation of the potential of regions through digitalization. It is proved that digitalization contributes to the activation and transformation of the potential of regions, its transformation into capital and the formation of new potential that raises social, economic, environmental living standards of all segments of the population, increasing the competitiveness of regions.