Economic security of Ukraine under the destructive influence of exogenous determinants

User Rating:  / 0
PoorBest 

Authors:


N.Kalyuzhna*, orcid.org/0000-0003-0513-705X, State University of Trade and Economics, Kyiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

A.Khodzhaian, orcid.org/0000-0002-3015-1016, Taras Shevchenko National University of Kyiv, Kyiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

I.Baron, orcid.org/0000-0003-4841-5152, Security Service of Ukraine in Odesa region, Odesa, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

* Corresponding author e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.


повний текст / full article



Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu. 2023, (2): 161 - 170

https://doi.org/10.33271/nvngu/2023-2/161



Abstract:



Purpose.
To design a Methodical Approach to assessing the level of economic security of Ukraine under the destructive influence of exogenous determinants and verification of the results of its application.


Methodology.
The methods of analysis and synthesis are used to substantiate the functional components and aspects of ensuring the economic security of the state and to develop a system of indicators for their assessment. The index method is used in developing an integral indicator of the level of economic security of the state.


Findings.
It is proved that for transitive economies the impact on economic security of geopolitical and geo-economics threats of an exogenous nature, which are significantly strengthened in the conditions of globalization, is decisive. The necessity is substantiated to develop a methodology for assessing the economic security of Ukraine in the direction of developing Methodical approaches that allow providing a thorough assessment of the actual determinants of economic security, which primarily include the impact of globalization processes and the escalation of military-political threats. A Methodical Approach to the determination of indicators of economic security of the state is proposed, which is based on the separation of functional components and aspects of provision in the structure of economic security of the state. A system of indicators for evaluating elements of economic security is developed, taking into account the relationship between the values and dynamics of indicators with the influence of exogenous determinants. A toolkit for assessing the level of economic security of the state is proposed, which provides for the calculation of the integral indicator of the level of economic security based on the generalization of the values of indicators of the state of its functional components and aspects of provision. The integral indicator of the level of economic security of Ukraine was calculated during 2006–2020. Based on the analysis of the dynamics of the integral indicator of the level of Ukraine’s economic security and its component indicators, key regularities in their absolute and relative transformations are revealed.


Originality.
A Methodical Approach to assessing the level of economic security of Ukraine in terms of destructive influence of exogenous determinants is proposed basing on the calculation of an integral indicator, which allows formulating conclusions regarding the state and trends of the transformation of economic security of Ukraine.


Practical value.
The obtained results create the basis for determining the priorities of ensuring the economic security of Ukraine, which should be both overcoming the destructive influence on the economic development of exogenous determinants, and using the opportunities created in the internal and external environment of the country to prevent threats to the economic security of the state.



Keywords:
economic security of the state, transitive economy, exogenous determinant, destructive influence, globalization, military-economic aspect, integral indicator

References.


1. Forrest, J., Ying, Y., Gong, Z., Schimmel, K., Liu, S., Nicholls, J., & Nechval, N. (2018). Economic security under disturbances of foreign capital. Currency Wars. Offense and Defence through Systemic Thinking, 197-215. http://doi.org/10.1007/978-3-319-67765-1_9.

2. Gehrke, Т. (2020). After Covid-19: economic security in EU-Asia connectivity. Asia Europe Journal, (18), 239-243. https://doi.org/10.1007/s10308-020-00579-y.

3. Kossele, Y., & Shan, L. (2018). Economic security and the political governance crisis in Central African Republic. African Development Review30(4), 462-477. https://doi.org/10.1111/1467-8268.12352.

4. Odehnal, J., & Neubauer, J. (2020). Economic, security, and political determinants of military spending in NATO countries. Defence and Peace Economics, (31), 517-531. https://doi.org/10.1080/10242694.2018.1544440.

5. Pitakdumrongkit, К. (2022). What causes changes in international governance details?: An economic security perspective. Review of International Political Economy, 29(2), 399-424. https://doi.org/10.1080/09692290.2020.1819371.

6. Levchenko, V., Boyko, A., Savchenko, T., Bozhenko, V., Humenna, Yu., & Pilin, R. (2019). State regulation of the economic security by applying the innovative approach to its assessment. Marketing and Management of Innovations, (4), 364-372. https://doi.org/10.21272/mmi.2019.4-28.

7. Order of the Ministry of Economic Development of Ukraine “Methodological recommendations for calculating the level of economic security of Ukraine” No. 1277 (2013, October, 29). Retrieved from http://me.kmu.gov.ua/.

8. Kalyuzhna, N., Khodzhaian, A., & Baron, I. (2021). Identification of globalization threats to the economic sovereignty of countries with transition economies. Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu, (1), 154-164. https://doi.org/10.33271/nvngu/2021-1/154.

9. Bilyaze, О. (2022). Strategy of economic development of the state in the conditions of globalization. Three Seas Economic Journal, 3(2), 21-28. https://doi.org/10.30525/2661-5150/2022-2-3.

10. Waseem, I., Muhammad, Z., & Noor, F. (2019). Impact of globalization on national security. Global Social Sciences Review, 4(1), 16-22. https://doi.org/10.31703/gssr.2019(IV-I).03.

11. Hassan, S., Xia, E., Huang, J., Khan, N., & Iqbal, K. (2019). Natural resources, globalization, and economic growth: evidence from Pakistan. Environmental Science and Pollution Research, (26), 15527-15534. https://doi.org/10.1007/s11356-019-04890-z.

12. Veshapidze, S., Zubiashvili, T., & Chiabrishvili, K. (2021). Globalization and new opportunities for Georgia. Globalization and Business, (12), 32-36. https://doi.org/10.35945/gb.2021.12.003.

13. Smiesova, V., Pylypenko, A., Ivanova, M., & Karpenko, R. (2019). Economic and institutional conditions for implementation of economic interests in the countries of the world. Montenegrin Journal of Economics, 15(4), 75-86. https://doi.org/10.14254/1800-5845/2019.15-4.6.

14. Law of Ukraine “On National Security of Ukraine” No. 2469-VІІІ (2018, June, 21). Retrieved from https://zakon.rada.gov.ua/laws/show/2469-19.

15. Order of the Ministry of Economy of Ukraine “On approval of the methodology for calculating the level of economic security of Ukraine”, 60, (2007, March, 2). Retrieved from https://zakon.rada.gov.ua/laws/show/2469-19.

16. KOF Globalisation Index (n.d.). Retrieved from https://kof.ethz.ch/en/forecasts-and-indicators/indicators/kof-globalisation-index.html.

 

Visitors

5389270
Today
This Month
All days
9636
80022
5389270

Guest Book

If you have questions, comments or suggestions, you can write them in our "Guest Book"

Registration data

ISSN (print) 2071-2227,
ISSN (online) 2223-2362.
Journal was registered by Ministry of Justice of Ukraine.
Registration number КВ No.17742-6592PR dated April 27, 2011.

Contacts

D.Yavornytskyi ave.,19, pavilion 3, room 24-а, Dnipro, 49005
Tel.: +38 (056) 746 32 79.
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
You are here: Home Archive by issue 2023 Content №2 2023 Economic security of Ukraine under the destructive influence of exogenous determinants