FINANCIAL AND ECONOMIC SECURITY AND DEVELOPMENT OF PRIORITY SECTORS OF THE NATIONAL ECONOMY UKRAINE: CASUAL NEXUS EMPIRICAL

Abstract

The paper aims to investigate the causal nexus of the parameters of financial and economic security and the development of priority sectors of the national economy (on the example of agriculture, industry, construction, and transport in Ukraine) in the years 2010-2021. The results of the causal analysis showed the greatest degree of variability in the development of Ukrainian industry from the production, economic, credit and debt components of its financial security; agriculture, forestry, and fisheries – the security of money circulation and the credit component of financial security; construction, transport, warehousing, postal and courier – all components of financial security, except investment. The practical significance of the research results lies in the development of tools for modelling the impact of policy measures of strengthening financial and economic security on the development of priority sectors of the national economy, which allows for predicting the consequences of the implementation of the state security policy in the field of structural and institutional changes.

Keywords

• economic growth
• sectoral policy
• priority sectors
• nexus
• security
• development