State of Economic Security and Directions of Restoration Socio-Economic Development and Food Security in the Conditions of War

Abstract

The purpose of the article is to determine the state of economic security, ways to ensure its level, and ways to restore socio-economic development under the cumulative impact of threats. In order to realize this goal, an expert assessment of the components of economic security provided and the need to take into account the component of military-economic security indicated. It indicated that the task of neutralizing threats to military and economic security opens up new windows of opportunity, in particular opportunities in ensuring socio-economic development. Prerequisites for the use of opportunity windows are defined. The dynamic nature of threats of war that require institutional measures for permanent monitoring of dynamic threats, their operational analytical assessment and the introduction of tactics to neutralize threats and reduce their long-term negative impact, are indicated. An analysis of the state economic security provided, directions for improving this state by components of economic security indicated. The main factors on which the well-being of the country's population depends are determined, the effects of crises on the indicators of the levels of income and expenditure of the population analyzed, and the drivers of the deterioration of well-being are established. It noted that the deterioration of the socio-economic situation of households led to the narrowing of the domestic market, which had a negative impact on the functioning of SMEs. It indicated that this created a negative inverse multiplier effect on the well-being of the population. The negative effects of the crisis, which led to a reduction in production volumes in the agricultural sector, were identified. It indicated that this significantly limited the ability of the branch to fulfil food security tasks. Proposed ways to reduce the negative impact of war on agricultural production to ensure food security. The directions and recommendations for economic and food security and restoring socio-economic development are specified.