ECONOMIC PROCESSES

In this study, the authors have identified the main directions of digital transformation in the member states of the Cooperation Council for the Arab States of the Gulf, inter alia creation of smart cities (cities of the future), introduction of unified e-government portals and paperless document management, as well as widespread use of artificial intelligence.

The analysis of the contents and forms of the social capital is applied to the economic processes peculiar to postindustrial technological way. The social capital influences economic life of a society as the independent phenomenon and through transformation into other forms: cultural, human, physical capitals. It becomes means of growth of economy of the advanced countries, moves in structure of radical sources of development.