The impact of digital transformation on the economic security of Ukraine

Spivakovskyy, Sergiy; Kochubei, Oleksandr; Шебаніна, Олена В’ячеславівна; Sokhatska, Olena; Yaroshenko, Ivan; Nych, Tetiana

doi:10.25115/eea.v39i5.5040

Cited by 10 publications

(4 citation statements)

References 12 publications

(12 reference statements)

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“…The mechanism of smoothing the impact of digital transformation on the economic security of the state is determined. Having identified a tool for monitoring the development of a networked digital community -the Network Readiness Index, Spivakovskyy et al (2021) propose a road map of reforms, the main essence of which is to change the structure of management of economic systems at different levels. These changes mean the creation of network management structures with effective management of resources in real time and systematic coordination of participants.…”

Section: Literature Reviewmentioning

confidence: 99%

The impact of financial digitalization on ensuring the economic security of a country at war: New measurement vectors

Shkolnyk

Фролов

Orlov³

et al. 2022

Investment Management and Financial Innovations

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The military actions in Ukraine have actualized the transformation and revision of existing approaches to assessing the country’s economic security. Financial security, which is considered in this paper through its standard components such as financial sector security, stock market security, debt and budget security, has a significant effect on the formation of economic security. At the same time, digitalization in the financial sector was identified as a new component that provides access to financial resources even in the context of the deployment of hostilities in Ukraine. Therefore, this study assessed the effect of the state of financial security, taking into account the importance of financial digitalization for the economic security of Ukraine. Based on quarterly data for the period 2015–2021, 42 indicators were analyzed, which were grouped according to the relevant components of financial security, and their integral indicators were determined using the Harrington method. A factor analysis of the formation of economic security was carried out using the principal components analysis, and an integral indicator of a country’s economic security was calculated based on the Kinney multiplicative convolution. The integral indicator of economic security for 2025–2021 doubled and amounted to 0.63 units, which was due to the increased influence of financial digitalization processes, all other components either slowly decreased or were stable. Thus, the reserve of economic security that was formed during this period, including due to the intensive digitalization of the financial sector, allowed Ukraine to survive the first weeks of the war and ensure the functioning of the financial system. Acknowledgment Comments from the Editor and anonymous referees have been gratefully acknowledged. Inna Shkolnyk and Yevhenii Kozmenko gratefully acknowledge financial support from the Ministry of Education and Science of Ukraine (0122U000774 “Digitalization and transparency of public, corporate and personal finance: the impact on innovation development and national security”).

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Section: Literature Reviewmentioning

confidence: 99%

The impact of financial digitalization on ensuring the economic security of a country at war: New measurement vectors

Shkolnyk

Фролов

Orlov³

et al. 2022

Investment Management and Financial Innovations

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“…Accordingly, modern generation Internet technologies include podcasts, blogs, wikis, social networks and other forms of organization and transfer of information (Akkara, Anumula & Mallampalli, 2020;Spivakovskyy et al, 2021). The research objectives include:…”

Section: Introductionmentioning

confidence: 99%

Social Media Applications as an International Tool for the Development of English-Language Communicative Competencies

Kryvka¹,

Mitchuk²,

Bykova³

et al. 2022

JCT

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The aim of the article is to determine the effectiveness of various international tools designed to develop students’ English-language communicative competencies. Several scientific methods were used: observation, testing, experimental training etc. Statistical processing of the data obtained during pedagogical experiment was carried out, visualization with the use of graphic method is applied. The description and verbal recording of the results of the study confirm its effectiveness. During the research, experimental training was carried out with the use of social media applications for the development of foreign language communicative competence in second-year students of groups G1, G2. Observations and testing of students while developing foreign language communicative competence were carried out while writing e-mails and creating videos for TikTok in English. The educational platforms, programmes, Internet resources were also used in accordance with the goals and topics of training sessions. The practical results prove the advantages of certain social media applications in the acquisition of English-language components of communicative competences (CCC). G1 students demonstrated a standard procedure for acquiring a linguistic, socio-cultural CCC with a “lag” of the regional geography component. In G2 group, the higher levels of CCC were observed in most cases. Mostly positive markers of Communicative Competences were demonstrated at the medium (344.1 points, 69.8% of G1 respondents) and a sufficient level (371.0 points, 75.8% of G2 respondents). Promising “growth points” were identified. The directions concerning further developments of progressive methods are highlighted.

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“…Okhrimenko, et al [15] indicated the importance of adjusting the impact of IT for Ukraine to reduce the digital divide between different pop ulation groups. Spivakovsky, et al [16] consider the impact of IT on the economy, in particular in the formation of "digital inequality", which requires smoothing the impact of digital transformations on economic security. Kholiavko, et al [17] indicated that the implementation of IT should be controlled by the state because it has a significant impact on the security of the state in terms of social and economic consequences.…”

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confidence: 99%

“…Seven countries with the greatest success in economic de velopment (Finland, Switzerland, Sweden, Israel, Singapore, the Netherlands and the United States) take the highest posi tions according to the NRI. Since, according to [16], there is a strong correlation between network readiness and income per capita for the leading countries of the NRI, and the groups of parameters by which this index is determined indicate the lev el of network activity of civil society, it can be asserted that the level of the NRI affects social economy. This is confirmed by the fact that the NRI of these countries is 33 % higher than in other countries with developed economies and, on average, twice as much as in countries with developing economies.…”

mentioning

confidence: 99%

Digital technologies and their impact on economic and social spheres in Ukraine

Hanna¹,

Соломка²,

Біла³

et al. 2022

Nauk. visn. nat. hirn. univ.

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Purpose. To determine the specifics of the impact of IT use on the economic and social spheres in Ukraine. To develop a mathematical model for evaluating and forecasting the impact of IT on these areas. Methodology. General and special methods of cognition were used in the research: mathematical formalization for evaluating and forecasting the impact of IT on the economic and social spheres, correlation analysis to establish multiplicative relationships of parameters and basic functions; comparison to establish the nature of the IT impact on the social and economic spheres; analogies to analyze the level of IT development in Ukraine and other countries; quantitative and qualitative comparison to analyze the level of social Information and Communications Technologies (ICT) use at enterprises by types of economic activity. Findings. It is proved that there are limiting factors to the growth of the positive IT impact, in particular the average level of income per capita. This is also evidenced by the comparison of agricultural and industrial regions of Ukraine, which indicated a significant gap in the introduction of IT in the countryside and the city. The weaknesses and successes of Ukraine in the implementation of IT are identified. The causes of hampering the positive impact of IT use on the development of social and economic spheres are indicated. A significant level of differentiation in the use of IT by business by types of technologies was proven. Originality. The peculiarities of the IT impact on the economic and social spheres in Ukraine are determined. The main feature is balancing between the development of IT technologies and social sphere and the state of stagnation of this process. A mathematical model for evaluating and forecasting the IT impact on the economic and social spheres has been developed; the intermediate results of its use have been given. Practical value. Recommendations for removing obstacles to the implementation of IT in Ukrainian social and economic spheres have been proposed.

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The impact of digital transformation on the economic security of Ukraine

Cited by 10 publications

References 12 publications

The impact of financial digitalization on ensuring the economic security of a country at war: New measurement vectors

The impact of financial digitalization on ensuring the economic security of a country at war: New measurement vectors

Social Media Applications as an International Tool for the Development of English-Language Communicative Competencies

Digital technologies and their impact on economic and social spheres in Ukraine

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