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Year : 2023, Volume : 68, Issue : 3
First page : ( 1531) Last page : ( 1541)
Print ISSN : 0424-2513. Online ISSN : 0976-4666. Published online : 2023 September 18.
Article DOI : 10.46852/0424-2513.3.2023.20

State policy in the sphere of ensuring economic security: Management aspect

Rozumenko Svitlana1,*, Novak Ulyana2, Kalyayev Anatoliy3, Yezhuninova Alina4, Hovda Halyna2

1Department of Management and Public Administration, Dmytro Motornyi Tavria State Agrotechnological University, Zaporizhzhia, Ukraine

2Department of Accounting and Audit of the Ukrainian, National Forestry University, Lviv, Ukraine

3Department of Humanitarian Sciences, Hetman Petro Sahaidachny National Army Academy, Lviv, Ukraine

4Department of Education and ResearchInstitute of Public Administration, Dnipro University of Technology

*Corresponding author: scientistua@ukr.net (ORCID ID: 0000-0002-2807-1957)

Online Published on 19 January, 2024.

Received:  10  April,  2023; :  30  July,  2023; Accepted:  06  August,  2023.

Abstract

It is shown that the problem of forming the policy of economic security requires study in connection with the need to improve the theory and practice of the formation of state economic policy, as well as the study of certain problems related to the peculiarities of the functioning of the mechanism for ensuring economic security. Modern economic policy, guided in most cases by the provisions of neoclassical economic theory, in particular the monetarist theory of state influence on the economy, is not always effective enough, and state failures are becoming increasingly more frequent when various deviations of the actual conditions of economic development from classical models occur, which is especially obvious at present, with the increasing influence of the factor of geopolitics and geoeconomics on the economic security of states.

Highlights

• The article is devoted to the analysis of today landscape and vectors of evolution of countries’ economic security and state policy in this sphere

• The obtained results demonstrated that ensuring economic security represents an important strategic task, which is due not only to the importance of this category, but also to the strengthening of threats to it, both of external and internal impact.

• The practical significance of the research lies in highlighting multifaceted nature of economic security, as well as presenting arguments confirming that geopolitics and economic security create a complex and dynamic environment that calls for keen analysis and long-term planning - thus enabling better approaches to developing appropriate state policy and its management.

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Keywords

Economic security, Economic system, Economic model, National interests, Management, State policy, Geopolitics, Transnational capital, Geoeconomics, World economy.

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