PERSPECTIVES AND PROBLEMS OF ELECTRONIC COMMERCE IN DEVELOPING COUNTRIES

Abstract

Nowadays, a globalized world economy has received a new opportunities through instant messaging and provision of information via the internet. Implementation of a economic activity caused by informational technology make it both efficient and in many instances extremely profitable. The relevance of the article is due to foundation in, and arises from the fact that, the global economy requires and encourages a development of a new sector – Electronic Commerce or E-commerce, which is one of the components of a "New Economy" and is playing a significant role in the practice of up to the minute dealings. E-commerce is the economic sphere, which includes all of the financial and shopping transactions, electronic movement of capital, e-money, emarketing, e-banking, and electronic insurance services. This is not an exhaustive list. The purpose of the study is to examine the role and place of e-commerce. As well, we are also going to analyze the problems and impacts that are associated with e-commerce in developing countries