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Assessing the State of Economic Security in the Context of the Human-Oriented Approach
Shcherb I. N.

Shcherb, Ihor N. (2022) “Assessing the State of Economic Security in the Context of the Human-Oriented Approach.” Business Inform 3:49–59.
https://doi.org/10.32983/2222-4459-2022-3-49-59

Section: Economic statistics

Article is written in Ukrainian
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UDC 338.27:519

Abstract:
The article is concerned with assessing the state of economic security using the human-oriented approach. It is substantiated that at the macrosystem level, the economic security of the country will characterize such a state that, in case of exposure to external and manifestation of internal threats, depending on the degree of sensitivity, can ensure the preservation of its stability at a sufficient level from the point of living standards, preservation and development of human capital. To form a set of indices, indicators of the Inclusive Economic Growth and Development Index, computed by the World Economic Forum, are used. To select the relevant indices of official methodological recommendations for assessing economic security in Ukraine, they were examined on the basis of determining the degree of correlation with the values of inclusive development in the countries of the world. A content-based comparison of groups and the composition of indicators for assessing economic security in accordance with the methodological recommendations with the specified index indicated the presence of a significant divergence between them. Low impact on inclusive development in indicators of added value of industry to GDP, energy imports, livestock production and food production index, a discriminatory role of agriculture in inclusive development of the country are identified. The assessment model of economic security includes indicators of macroeconomic security, investment-innovation, financial, security for business, foreign economic, energy, security in the field of education and demography. Based on a sample of countries comparable in terms of incomes with Ukraine, the value of the complex of indicators of economic security of Ukraine for 2014–2020 is normed. The assessment of the integral index points out the average level of economic security relative to the level of incomes similar in countries. Macroeconomic and security for business activities are the worst. It is noted that the full use of indicators of inclusion in economic security is complicated by the lack of statistics for most countries, in particular, indicators of the welfare of the population from the point of view of accumulated assets. The conclusion is made about the need to develop household statistics for the adequate application of the human-oriented approach in assessing the economic security.

Keywords: inclusive development, security of the State, human-oriented approach, economic security.

Fig.: 4. Tabl.: 8. Bibl.: 10.

Shcherb Ihor N. – Postgraduate Student, Department of Management and Behavioral Economics, Vasyl’ Stus Donetsk National University (21 600-richchia Str., Vinnytsia, 21021, Ukraine)
Email: [email protected]

List of references in article

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