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Conceptual provisions for preserving economic security in the conditions of war and martial law

Author

Listed:
  • Vadim Antoshkin

    (Berdyansk University of Management and Business)

  • Lidia Antoshkina

    (Berdyansk University of Management and Business)

Abstract

The subject of the research is conceptual provisions about the structure, components and threats of economic security in the conditions of martial law and war; possibilities of its preservation and maintenance. The purpose of the article is to substantiate the conceptual provisions regarding the structure and components of economic security in military conditions, as well as the possibilities of its preservation and support. The methodological basis of the article is the methods of dialectical unity and contradiction, historical, monographic, system-structural analysis and synthesis; statistical and economic methods (absolute and relative values, index, grouping and ranking), mathematical programming and modeling. Results of the article. It was revealed that the structure of economic security is formed by the following structural blocks: international politics, world economy, globalization processes; economic, state and public institutions; resources and productivity; ideology, strategies and models of the country's development; monitoring, methods of evaluation and diagnosis and forecasting. Factors affecting it are sources of formation and threats and risks of destruction. It was determined that the main threat to the economic security of Ukraine was the long-term Russian aggression and war, especially starting in 2022. It was not brutal, it led to the capture of approximately 20% of the territory; large-scale destruction of public infrastructure, energy, housing stock, industry and agriculture; displacement of millions of people; murders of hundreds of thousands of people; inflation and devaluation and threats of default; curtailment of social programs. Direct losses are accompanied by no less devastating indirect ones. Further measures to support economic security should be based on constant monitoring of not only the economic, but primarily the military situation, quantitative assessments and forecasts. Field of application of results. The conclusions of the article can be used in enterprises, institutions of higher education, research institutions, consulting organizations. Conclusions. Under these conditions, the state authorities, with the help of the international community, implemented the following measures for its preservation: the institutions of the executive power were optimized; millions of people and enterprises, institutions of higher education, etc., were relocated. to relatively safe places; budget expenditures were optimized and defense funding was increased; applied digital and online tools of activity and management. Law and order and personal safety of citizens in controlled territories are ensured; the integrity of the economy through the work of the banking, tax, customs systems, markets, trade and export-import operations. Further measures to support economic security should be based on constant monitoring of not only the economic, but primarily the military situation, quantitative assessments and forecasts.

Suggested Citation

  • Vadim Antoshkin & Lidia Antoshkina, 2022. "Conceptual provisions for preserving economic security in the conditions of war and martial law," University Economic Bulletin, Hryhorii Skovoroda University in Pereiaslav, Faculty of Financial, Economic and Vocational Education, issue 55, pages 77-83, December.
  • Handle: RePEc:aff:colart:y:2022:i:55:p:77-83
    DOI: https://doi.org/10.31470/2306-546X-2022-55-77-83
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