Problemi Ekonomiki (Aug 2022)
Assessing the Financial Security of Priority Sectors of the National Economy of Ukraine
Abstract
The purpose of the article is to develop and approbate a methodical approach to analyzing the financial security of priority sectors of the national economy. The article emphasizes the relevance of considering the issues of economic and, in particular, financial security at the level of the sectoral economic system. The authors’ own methodology of analysis is developed and the weighting factors of indicators of financial security of agriculture, industry, construction and transport, warehousing, postal and courier activities of Ukraine are evaluated. The structure of financial security of priority sectors of the national economy, i. e., the investment, credit, debt, monetary, production and economic, system-structural components is determined and the weighting factors of indicators are evaluated according to these security components. This approach made it possible to identify the indicators with a lesser extent along with the indicators with a greater extent of an impact they have on the general condition of subindexes, and therefore determine the overall level of financial-economic security of priority sectors of the national economy of Ukraine. The integral values of financial security of priority sectors of the national economy of Ukraine for 2010-2020 were computed. The results of the assessment allowed to identify, firstly, the state of financial security of the analyzed industries; secondly, the dynamic characteristics of changes in the level of financial security of priority sectors of the national economy; thirdly, the measure of differentiation in the state of financial security among the analyzed types of economic activity; fourthly, to form conclusions regarding the factors influencing the parameters of financial security of priority sectors of the national economy of Ukraine; fifthly, to determine the strategic directions and develop a set of the State policy instruments focused on strengthening financial security, taking into account the existing specifics for agriculture, industry, construction and transport, warehousing, postal and courier activities of Ukraine. Prospects for further scientific research in the analyzed sphere relate to the formation of recommendations regarding the linking of the results of the accomplished analysis with the formation of actions in the field of strengthening the financial-economic security of priority sectors of the Ukrainian economy.
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