National and Regional Economic Security: Assessment Indices

Abstract

It has been argued that national methods of economic security of the Russian Federation use only economic indicators, while foreign practice, including the UN methodology, supplements social, environmental and political indicators to the list of economic ones to be used as the basis. There are no weight functions being included for the indicators analysis in some of the analyzed methods.
 An attempt to determine indicators reflecting the economic security level of a country and its individual regions has been made. It is demonstrated that all officially approved methods are fraught with disregard for regions and small states peculiarities. The necessary indicators are identified to be included into analysis and ranked as national and regional ones. Based on the studies performed and the results obtained, the most repeated indicators existed in all the investigated methods have been found. A universal model has been developed using indicators to determine a reliable level of economic security.

Legislation Harmonization In The Field Of Regional Economic Security

“…The efforts to harmonize countries legislation often take place within the framework of customs unions, trade associations and military alliances. The implementation of the Smart City standards developed by international specialized organizations (Beloshitskii & Patlasov, 2020a;Beloshitskii & Patlasov, 2020b) has also been observed recently. This character determines the special conditions that must be taken into account when working in this field.…”

“…The relationship of individual parties can be regulated by various types of normative legal acts, such as model codes, resolutions, recommendations, model laws, agreements, etc. (Beloshitskii & Patlasov, 2020a).…”