Actual problems of innovative economy and law

Journal "Actual problems of innovative economy and law" is included in category B for specialties: in the field of knowledge "Management and administration": 073, 076 (order of the Ministry of Education and Science of Ukraine dated 23.08.2023 No. 1035) and 071, 072, 075 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543); in the field of knowledge "Social and behavioral sciences" 051 (order of the Ministry of Education and Science of Ukraine dated August 23, 2023 No. 1035); in the field of knowledge "Law" - 081 and "Public management and administration" - 281 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543).
Registration of an entity in print media: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1390 dated 11/16/2023. Media identifier: R30-02018
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Current risks and threats of financial and economic security in globalization

# 14 75-80 Download/view full article

УДК: 330.658.012

DOI: https://doi.org/10.36887/2524-0455-2024-3-14

Stepanenko Ruslan,
PhD Student, the Department Of Economic Сybernetics And Management Of Economic Security,
Kharkiv National University of Radio Electronics,
https://orcid.org/0009-0008-0586-0903
Manuilov Oleksii,
PhD Student, the Department Of Economic Сybernetics And Management Of Economic Security,
Kharkiv National University of Radio Electronics,
https://orcid.org/0009-0005-3537-666X

At the current stage, the processes associated with integrating the markets of different countries are widespread. The critical issue of expanding borders, accelerating globalization processes, and strengthening competition in the world market is the need for clearly systematized, structured, and coordinated actions in relations with society and the economy to ensure the financial and economic stability of the entire country. At the same time, stable development depends on the ability to defend against external and internal threats. Therefore, detecting and identifying risks and threats is one of the most important tasks in ensuring economic security in the conditions of digitalization and globalization of modern world processes. The publication aims to reveal and identify modern risks that affect financial and economic security provisions in the conditions of globalization and digitalization of the economy. The article examines issues related to the detection of threats and risks to financial and economic security in the conditions of digitization and globalization of the economy. The essence of the concept of “financial and economic security” and “risk” has been defined, and the factors affecting the provision of the country’s financial and economic security have been determined. An analysis of the war’s effects on the country’s economic security and the damage caused by military actions was carried out. According to expert research, the distribution of challenges and threats to economic security is substantiated. The existing state and potential threats to financial and economic security, as well as their composition and qualitative characteristics, are determined -reasonable methods of minimizing threats to the country’s financial and economic security. Threats to business entities’ financial and economic security are given, and the processes of globalization and digitalization of the economic space are considered. It is noted that financial security risks are characterized by variability and variability. Timely, accurate identification of financial and economic security risks by authorized subjects, based on a high-quality expert (scientific) forecast, is necessary for making adequate management decisions and actions aimed at neutralizing and eliminating negative consequences. Only a combination of all available resources, regulatory potential, and decisive actions can ensure the necessary financial and economic security level.

Keywords: financial security, economic security, financial and economic security, globalization, digitalization, threats, risk.

References.

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The article was received 20.03.2024