Economic security of Ukraine under the destructive influence of exogenous determinants
- Details
- Category: Content №2 2023
- Last Updated on 28 April 2023
- Published on 30 November -0001
- Hits: 3179
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.
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 Review, 30(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.
Newer news items:
- Profitability determinants of companies in IT industry: case of Ukraine - 28/04/2023 00:36
- Definlandization and the new economic policy of Ukraine in the post-war period - 28/04/2023 00:36
- Efficiency and internationalization of mining and metallurgical groups of Ukraine - 28/04/2023 00:36
- Peculiarities of evaluating the results of implementation of regional development programs in Ukraine - 28/04/2023 00:36
Older news items:
- Prospective methods for determining water losses from irrigation systems to ensure food and water security of Ukraine - 28/04/2023 00:36
- The impact of Industry 4.0 on the digital transformation of manufacturing enterprises in Ukraine - 28/04/2023 00:36
- Influence of Industry 4.0 on strategies of companies entering the global market of data integration services - 28/04/2023 00:36
- Increasing the efficiency of using backline and private railway infrastructure in the conditions of the transportation market - 28/04/2023 00:36
- Phenol adsorption onto olive pomace activated carbon: modelling and optimization - 28/04/2023 00:36
- Theoretical and legal aspects of the regulation of environmental and land legal relations in the conditions of martial law in Ukraine - 28/04/2023 00:36
- Social responsibility for the safety and health of employees at work - 28/04/2023 00:36
- Improving the process of occupational risk management according to the Haddon matrix - 28/04/2023 00:36
- Improving the environmental efficiency of glass furnace chimneys using heat recovery technologies - 28/04/2023 00:36
- Investment management and financial development in infrastructure renovation of a sustainable-built environment - 28/04/2023 00:36