Solving Economic Security Issues in the Coordinate System of Modern Risks and Threats

In today's globalized world, the challenge of the state economic security ensuring is particularly relevant as a priority for the national interests protection from various threats. The analyses of the experience of the European Union and other countries revealed that national economic security...

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Main Authors: Kharlamova Ganna, Stavytskyy Andriy, Fedorenko Iryna
Format: Article
Language:English
Published: Sciendo 2021-12-01
Series:Studies in Business and Economics
Subjects:
Online Access:https://doi.org/10.2478/sbe-2021-0047
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author Kharlamova Ganna
Stavytskyy Andriy
Fedorenko Iryna
author_facet Kharlamova Ganna
Stavytskyy Andriy
Fedorenko Iryna
author_sort Kharlamova Ganna
collection DOAJ
description In today's globalized world, the challenge of the state economic security ensuring is particularly relevant as a priority for the national interests protection from various threats. The analyses of the experience of the European Union and other countries revealed that national economic security ensuring plays a crucial role In securing for the state its geostrategic significance and potential. The article provides a critical analysis of modern threats and risks to economic security from the geostrategic perspective. The paper develops the methodology of the economic security index calculating based on a unified comparison of parameters of economic and social development of all countries, which allowed to move away from signaling approaches and eliminated subjectivity in assessments and following policy recommendations. In contrast to existing methods, the authors’ approach uses geopolitical factors. This tactic allowed taking into account the directions of change in the world and identifying external threats and risks to state economic security. The analysis and comparison of the index of economic security of European countries based on the offered concept are carried out. The countries are clustered based on the economic security index.
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spelling doaj.art-fb3324ad8e6546578d2a1f2392dd67862022-12-21T23:37:51ZengSciendoStudies in Business and Economics2344-54162021-12-011638710810.2478/sbe-2021-0047Solving Economic Security Issues in the Coordinate System of Modern Risks and ThreatsKharlamova Ganna0Stavytskyy Andriy1Fedorenko Iryna2Taras Shevchenko National University of Kyiv, Faculty of Economics, Kyiv, UkraineTaras Shevchenko National University of Kyiv, Faculty of Economics, Kyiv, UkraineTaras Shevchenko National University of Kyiv, Faculty of Economics, Kyiv, UkraineIn today's globalized world, the challenge of the state economic security ensuring is particularly relevant as a priority for the national interests protection from various threats. The analyses of the experience of the European Union and other countries revealed that national economic security ensuring plays a crucial role In securing for the state its geostrategic significance and potential. The article provides a critical analysis of modern threats and risks to economic security from the geostrategic perspective. The paper develops the methodology of the economic security index calculating based on a unified comparison of parameters of economic and social development of all countries, which allowed to move away from signaling approaches and eliminated subjectivity in assessments and following policy recommendations. In contrast to existing methods, the authors’ approach uses geopolitical factors. This tactic allowed taking into account the directions of change in the world and identifying external threats and risks to state economic security. The analysis and comparison of the index of economic security of European countries based on the offered concept are carried out. The countries are clustered based on the economic security index.https://doi.org/10.2478/sbe-2021-0047clusteringindexeuropeeconomic securityglobalization
spellingShingle Kharlamova Ganna
Stavytskyy Andriy
Fedorenko Iryna
Solving Economic Security Issues in the Coordinate System of Modern Risks and Threats
Studies in Business and Economics
clustering
index
europe
economic security
globalization
title Solving Economic Security Issues in the Coordinate System of Modern Risks and Threats
title_full Solving Economic Security Issues in the Coordinate System of Modern Risks and Threats
title_fullStr Solving Economic Security Issues in the Coordinate System of Modern Risks and Threats
title_full_unstemmed Solving Economic Security Issues in the Coordinate System of Modern Risks and Threats
title_short Solving Economic Security Issues in the Coordinate System of Modern Risks and Threats
title_sort solving economic security issues in the coordinate system of modern risks and threats
topic clustering
index
europe
economic security
globalization
url https://doi.org/10.2478/sbe-2021-0047
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