The purpose of the article is to assess the main aspects of the crisis caused by COVID-19 and the onset of a pandemic in the real sector of the economy in the context of ensuring economic security. The research methodology consisted of the application of methods of the hierarchical ordering of the impacts of the most significant aspects of the crisis caused by COVID-19 and methods of analysis and synthesis for evaluating statistical data. As a result, using the hierarchical ordering method, we identified the key and most influential factors and aspects of the crisis caused by COVID-19 and the onset of the pandemic in the real sector of the economy in the context of ensuring economic security. The study has limitations, which are that the analysis was based on data on Ukraine and its economic activity on the international market. Proposed a methodological approach to streamlining the negative impact of the crisis factors caused by COVID-19 can be used in the relevant government agencies. The novelty, which is presented in the article, has an original value, which consists in the systematization and analysis of data on the real sector of the economy for the period of the pandemic and the corresponding negative factors are highlighted. Also, their orderings were presented through the proposed model.
The purpose of the study is to scientifically substantiate the place and role of regulatory support in the formation of financial security, study the factors influencing its level and identify ways to improve it. The study used general scientific and special research methods: analysis, synthesis, methods of systematization and logical generalization − when disclosing the theoretical provisions of the financial security of the state and its legal regulation; correlation and regression analysis, econometric methods and models − to determine and study the influence of factor values on the volume of gold and foreign exchange reserves of the NBU; method of expert assessments − when developing recommendations for the formation of an effective mechanism for ensuring the financial security of the state, a graphical method. The nature and significance of the legal support of financial security are outlined, which is aimed at creating an improved legal framework and a system for controlling financial business entities in order to detect and prevent financial crimes. The factors influencing the level of the state’s financial security are considered. Their influence on the volume of gold and exchange reserves of the National Bank of Ukraine which in the conditions of financial stability should be balanced is determined. The mechanism to ensure the state’s financial security is offered, which further contributes to the implementation of a set of legal, structural and organizational, procedural, personnel, technological and resource tasks. In the future special attention should be paid to improving the current legal framework that would protect the interests of entities of a financial system from illegal encroachment and help recover offense damages. All these measures will contribute to raising the level of the state’s financial security and will help integrate the state into the international financial and economic space.
The purpose of this work is to study and evaluate the impact of world commodity prices on the dynamics of investment in exporting countries of natural resources using the developed methodology under the influence of industry 4.0 aspects. Modern economic activity is accompanied not only by the impact of COVID-19, but also by the impact of the first manifestations of industry 4.0. This applies not only to export-import operations but also to the very need for them due to the cost of new technologies. Using mathematical methods, we investigate the impact of world commodity price indices, in particular, the general commodity price index, the agricultural commodity price index, the food price index, the metal price index, and the crude oil price index, on the dynamics of investment in commodity-type economies in both dimensions – level and volatility. The innovativeness of the study lies in determining the significance of the impact of world commodity prices on the dynamics of foreign direct investment (FDI) of raw material exporting countries (on the example of three groups of countries with different levels of economic development). The proposed methodology makes it possible to empirically evaluate the mechanisms of the macroeconomic impact of commodity prices on investment dynamics.
Abstract. The purpose of the study is to improve ways of forming financial security of the enterprise based on strategic planning. The subject of the research: formation of financial security of the enterprise on the basis of strategic planning. The methodological background of the research is a set of theoretical and general scientific methods: analysis and synthesis, theoretical and logical generalization, grouping, abstraction, and others. The paper provides a general description of the core approaches defining the concept of "financial security of the enterprise". Functional goals of financial security of the enterprise are outlined, namely: ensuring financial stability and independence; achievement of high competitiveness in the market of goods, works, services; ensuring high efficiency of financial and economic activity; ensuring high liquidity of assets, and increasing the market value of the enterprise; support for the appropriate level of business activity and image; formation of information security and commercial secrets; efficient organization of security of share capital and assets of the enterprise. The scheme of organization of financial security organization is considered based on strategic planning. It is determined that the strategic planning results in strategic plan (strategy) for ensuring the financial security of the enterprise. Such a strategy should be consistent with both financial and the company's overall strategies, as well as main goals and objectives. For the most effective implementation of the chosen financial security strategy at the enterprise, it is expedient to develop and implement a system of plans covering all aspects of the strategic planning process, including the target program, strategic, tactical, calendar, and individual plans. The system of plans should specify: the purpose of changes in the functioning of internal systems of the enterprise; terms of making changes; the work that needs to be done to make changes; their performers; necessary material, labour, and investment resources. When ensuring the financial security of the company, a special attention should be paid to the innovative development of the enterprise. The basis for the innovative development of an enterprise is the innovation potential, its formation and utilization in innovation activity. The algorithm of the strategic tasks ensuring the innovative financial security of the enterprise is proposed. The correlation between financial security and innovative development of the enterprise is explored, which is dual in nature, where both phenomena serve as the purpose of the enterprise and means of its achievement. Conclusions. Strategic planning at the enterprise, which is the basis for ensuring its financial security, will facilitate the creation of all opportunities for further financial and economic activity with positive results. At the same time, strategic planning should be based on the use of a number of measures: increase of the innovative and intellectual potential of the enterprise; use of adva...
The modern economy is characterized by a sharp increase in the role of non-material factors (information and knowledge) in ensuring the competitiveness of individual enterprises and institutions, as well as national economies as a whole. Under these conditions, the ability to create, use and increase intellectual capital is the basis for the economic growth of engineering business entities. The main purpose of the study is to model the counteraction to the main threats of intellectual capital for innovation-oriented systems in the engineering sector of the economy. The relevance of the study is given by the fact that the formation and use of technical, economic, industrial, and other types of knowledge, the totality of which forms intellectual capital, is becoming an urgent problem for modern systems tuned to innovative development. The threats to managing the intellectual capital of innovation-oriented systems are now the most significant, since the achievement of the ultimate goals of the system itself depends on the efficiency of the use of intellectual capital. Taking this into account, intellectual capital is becoming a real and valuable target of criminal encroachments today, which requires scientists to form a clear model for countering these goals. The research methodology involves the use of mathematical methods of information support for the process of counteracting the negative impact of threats. According to the results of the study, we presented the modeling process. As a result, a model was built to counteract the main threats of intellectual capital for innovation-oriented systems in the engineering sector of the economy. Further research requires the construction of a mathematical mechanism for responding to new challenges to the intellectual capital management system for innovation-oriented systems.
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