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Economic security as a tool for its sustainable development in the context of sanctions

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  • N. N. Egorova

Abstract

The paper studies current issues of sustainable development for the organization in the context of sanctions. It defines the role of ensuring the economic security of the organization in sustainable development under the sanctions impact on the Russian economy. Diagnostics of threats to the economic security of the organization, taking into account the categories of diagnostics, is carried out, external, sectoral and internal assessment is presented. To determine the quantitative indicator of the level of sustainable development of the organization, a differentiated approach is taken into account, based on the analysis and calculation of a number of indicators and types of sustainability of the organization, which determine the position and measures necessary to ensure its economic security.Indicators of diagnostics of threats to economic security made it possible to identify external, internal and sectoral factors of sustainable development for the organization. The conducted marketing analysis – PEST-analysis of external threats to economic security determined the likelihood of threats or the formation of favorable conditions in the sustainable development for the organization. In the course of the analysis, possible causes of changes occurring in the organization are identified, taking into account the impact of a certain factor on its activities. The author looks at economic security a tool for the organization sustainable development in the current conditions of sanctions pressure on the Russian economy and for building its trajectory. The study concluded that, despite the solution of problematic issues by the state in the form of tax benefits, subsidies and financial support for business, still it is necessary in our opinion to strengthen strategic approaches in the context of the above – to direct efforts to developing the economic security institution.

Suggested Citation

  • N. N. Egorova, 2023. "Economic security as a tool for its sustainable development in the context of sanctions," RSUH/RGGU BULLETIN. Series Economics. Management. Law, Russian State University for the Humanities (RSUH), issue 3.
  • Handle: RePEc:aca:journl:y:2023:id:482
    DOI: 10.28995/2073-6304-2023-3-25-38
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