The Fourth Industrial Revolution and its effect on the Pattern of International Trade: The Case of Oman

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Abstract

This study aims to shed light on the impact of the Fourth Industrial Revolution on the pattern of international trade, with a main focus on the Sultanate of Oman. In this paper, we examined how the digital transformation and ICT development impact on trade. The study concludes that the new technologies created more opportunities which help to sustain economic growth and reduce the danger of unemployment, causing the increase in productivity and the improvement of quality of life. In order to maintain stability, governments should have policies that countries could follow to deal with the challenges and take advantages arising from the fourth industrial revolution
Original languageEnglish
Article number1
Pages (from-to)80-97
JournalInternational Journal of Managerial Studies and Research (IJMSR)
Volume10
Issue number1
Publication statusPublished - 2022

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