Factors of sustainable economic growth in the context of risks and priorities of business development in the conditions of war.

Abstract

The management of threats and risks of food security does not meet the needs of the sustainability of the development of the food system in the conditions of modern upheavals and stresses. The new geopolitical and economic conditions of the functioning of the sphere of food production and consumption require the formation of a new concept of economic security. Based on the assessment of modern threats and risks to the sustainable development of the food system, the authors developed a categorical apparatus and formed their own system of methodological principles for the study of the economic growth of the food system. The sustainable development of the agro-industrial complex is of particular importance for increasing competitiveness and ensuring the country's food security. In general, the sustainable development of the agro-industrial complex allows to create conditions for the transformation of companies' strategies in the field of ESG, to form stable supply chains, to create favorable conditions for the development of the connection between the city and agricultural territories, to satisfy the needs of the population and to improve the quality of life of the population. The research methodology, based on a systemic, complex, institutional approach, made it possible to determine the content of economic security as its ability to ensure the stability and competitiveness of all elements and the ability to resist external and internal threats, guaranteeing food security at the level determined by strategic national priorities. The purpose of the article is to define and substantiate the directions and priorities of sustainable growth and post-war development of the economy of Ukraine. Factors of sustainable development are proposed, taking into account external and internal risks and competitiveness priorities. The importance of finding innovative approaches to the management of subjects of economic relations in post-war conditions is proven. The problems and priorities of achieving sustainable functioning of the economy based on a closed cycle of production and achieving the goals of sustainable development are defined. Global political and economic changes lead to the fact that a company successful in the past pre-war conditions can become both an outsider and a leader of a new paradigm of sustainable economic systems. It is substantiated that the proposed methodological approach should be used as a basis for monitoring the economic security of the food system at the macro- and meso-level, as well as in the development of directions for improving the agro-food policy in new geopolitical and economic conditions. Keywords: economic security, growth, risks, food system, sustainable development, national interests, threats, ESG factors, innovation and investment activities