Aspects of Ukraine’s Economic Security Development and Its Impact on the Economic Development

Abstract

In today’s global conditions of functioning, the national economy is accompanied by the influence of both internal and external destructive factors. Consequently, the issues of increasing the level of economic security of both the country in general and the business environment and citizens in particular are being actualized. Achieving the the proper level of economic security will create favorable conditions for the stable functioning of the State. The article is aimed at analyzing the main factors of influence on the economic security of the country and their signs on the basis of systematization of indicators of economic activity results together with determination of their characteristic features. The scheme of the hierarchical structure of economic security of the country is provided, from which it can be traced that each higher level of the system of economic security management of the State should properly create favorable conditions for the development of the economy, form the prerequisites for ensuring the security of the lower level of the economic security. The tendency of the economic security risks of the country at both the international and the national levels is covered. Considering the nature of the relationship between the levels of economic security, it is proved that the key to achieving the economic security at the highest levels of the hierarchy is its provision precisely at the level of the business environment. It is identified that the economic security of the country consists in providing conditions for the effective functioning and strategic development of business in the conditions of influence of threats of a diverse nature. Based on the analysis and systematization of statistical data of the author’s approach, the factors of threats to the economic security of the country are analyzed, which include the level of GDP growth, tax revenues to budgets of different levels, dynamics of public debt, competitiveness, sustainable economic development, and harmonious interaction at the international level of the business environment.

Keywords

• economic security
• economic development
• factors of threat to economic security
• national and international levels