PECULIARITIES OF ECONOMIC RESILIENCE AS AN IMPORTANT SCIENTIFIC CATEGORY FOR ENSURING NATIONAL SECURITY
DOI:
https://doi.org/10.17721/2616-9193.2024/19-13/22Keywords:
economic sustainability; national security; full-scale war; equilibrium; Total Economic Resilience Index.Abstract
Background . Economic resilience has become an objective necessity that directly determines the states' prospects. The country's national security in economic terms involves the support of the national economy at the level of development that would provide opportunities for further economic growth and the ability to counteract the influence of external and internal threats. Intending to analyze economic resilience as a scientific category for ensuring national security and identifying its features, the author characterized economic resilience as a key component of national security and identified patterns and trends of modern economic development and destructive factors and threats to national security from an economic point of view and identified features of economic resilience. The object of the study was economic resilience as a category of ensuring national security.
Methods . This publication is based on the use of various methods. Analysis and synthesis were used to characterize economic sustainability as a key component of national security. Deduction and induction helped to investigate patterns and trends of modern economic development and identify destructive factors and threats to national security. The systematic approach made it possible to understand the importance of economic stability in today's realities as an element of the country's national security.
Results . Having analyzed economic resilience as a key category of national security, it was determined that economic resilience combines the ability to resist external factors, reduce vulnerability, and the ability of the economy to recover. Also, economic resilience implies a quick return to equilibrium and the ability of the economy to absorb shocks before changing its structure and to adapt to or react to shocks. The classification of destructive factors and threats to national security from an economic point of view into external and internal makes it possible to understand the reasons for the imbalance of the economy and to assess the ways of increasing economic resilience. Features of economic resilience include its complexity, but the possibility of measuring it based on different indicators and depending on the calculation method or model, the focus on balance and adaptation, and the usefulness of the economic resilience approach for understanding the costs and benefits of political intervention.
Conclusions . Thus, economic resilience is a category that is necessary not only to define national security but also to measure and control it
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