№ 6/2018

Fìnansi Ukr. 2018 (6): 7–18https://doi.org/10.33763/finukr2018.06.007

ECONOMIC SECURITY: THEORY, PRACTICE, MANAGEMENT

IEFYMENKO Tetiana ¹

¹SESE “Academy of Financial Management”
OrcID ID : https://orcid.org/0000-0002-9163-3959

Development of the Ukrainian economy in the context of strengthening security in the Black Sea region

Coordination of counteraction to threats to destabilization in the Black Sea region was highlighted in the regular program "Security in the Black Sea Region, SBSR", supported by the Presidential Administration of Romania and other high-level stakeholders. It should be noted that the organizers and participants, supported by local authorities and state structures, already held a similar event for scientists, decision makers and practitioners in Odessa (Ukraine). The current meeting in Bucharest confirmed that further activities to develop a strategy and generate an integrated multi-level vision and knowledge on the issues under discussion significantly strengthened the basis of communication skills. Events with authentic communication, dedicated to the security of the Black Sea region, are becoming a significant event for the international expert community. This is evidenced by the presence in the Romanian capital of representatives of state apparatuses, political and scientific circles from 10 countries of the world this May. Dynamic interactive discussions in the joint format of high officials, heads of academic intelligence and defense institutions of Romania and the United States, as well as leaders of the North Atlantic Treaty Organization (NATO) departments, leading analysts of Harvard University, supranational bodies of the European Union made it possible to come to a consensus on a number of issues. So, it was a question of the fact that while forming the future Black Sea region due to both geopolitical threats of uncertainty and problems of economic instability, the overall efforts should be focused on monitoring the changes in the dynamics of global and national risks that fundamentally affect both the current state of affairs and further forecasts. The main unifying goal should be to support the convergence of socio-economic, cultural values of nations instead of confrontation of interests and views. Besides coordination of the strategy of thinking and behavior, we are talking about the general principles of forecasting and political planning in the sphere of countering the threats of military conflicts by easing tension over disputed territorial issues, as well as by peaceful resolution of problems of access to resources, clashes on religious or ethnic basis, etc. In the presence of opposing beliefs, divergent points of views related to the development of human potential and the use of natural resources, tradeoffs should be sought within the framework of alternative scenarios for joint actions and strategic foresight of the development of events in the space-time aspect. Through the institutionalization of management levers and tools, partnerships will encourage the joint work on searching for a relevant set of strategic tools for forecasting and developing scenarios. Ultimately, all this will contribute to the consolidation of coordinating interaction in solving common tasks to ensure the protection of security at all levels: state, corporate, individual, etc.

Keywords:Ukraine’s economy, sustainable development, The Black Sea region, security, peaceful relations, national priorities

JEL: F52, F63, O52

Iefymenko T. . Development of the Ukrainian economy in the context of strengthening security in the Black Sea region / T. . Iefymenko // Фінанси України. - 2018. - № 6. - C. 7-18.

Article original in Ukrainian (pp. 7 - 18)

Download

Downloads :733

1. IMF. (2017, September). Finance & Development Journal: Vol. 54, No. 3. Retrieved from www.imf.org/external/pubs/ft/fandd/2017/09/pdf/fd0917.pdf.

2. Fry'men, K., Luka, F. (2008). As time elapses: from the era of industrial revolutions to the information revolution. Ky'yiv: VD "Ky'yevo-Mohy'lyans'ka akademiya" [in Ukrainian].

3. Stiglitz, J. E. (2010). The Stiglitz Report: Reforming the International Monetary and Financial Systems in the Wake of the Global Crisis.

4. Reinhart, C. M., Rogoff, K. (2011). This Time Is Different: Eight Centuries of Financial Folly.

5. Krugman, P. (2009). The Return of Depression Economics and the Crisis of 2008.

6. Bilorus, O. H., Iefymenko, T. I. (Eds.). (2015). Financial globalization and European integration. Ky'yiv [in Ukrainian].

7. Tanzi, V. (2005). Social Protection in a Globalizing World. Invited Policy Paper. Retrieved from www.rivistapoliticaeconomica.it/2005/mar-apr/Tanzi.pdf.

8. Waltz, K. (2002). Theory of International Politics. Reading.

9. Waltz, K. (1996). International Politics is not Foreign Policy. Security Studies:
doi.org/10.1080/09636419608429298

10. IMF. (2018, January). World Economic Outlook. Brighter Prospects, Optimistic Markets, Challenges Ahead.

11. Harvard University, "Mihai Viteazul" National Intelligence Academy, Administraţia Prezidenţială. (2018, May 28-31). SBSR. Security in the Black Sea Region. Shared Challenges, Sustainable Future Program. Bucharest. Retrieved from www.sbsr.ro/wp-content/uploads/2018/06/SBSR-2018-Outcome.pdf/.

12. IMF. (2018, April). World Economic Outlook. Cyclical Upswing, Structural Change. Retrieved from www.imf.org/en/Publications/WEO/Issues/2018/03/20/world-economic-outlook-april-2018.

13. IMF. (2017, October). World Economic Outlook. Seeking Sustainable Growth: Short-Term Recovery, Long-Term Challenges. Retrieved from www.imf.org/en/Publications/WEO/Issues/2017/09/19/world-economic-outlook-october-2017.

14. IMF. (2018, April). World Economic Outlook Database. Retrieved from www.imf.org/external/pubs/ft/weo/2018/01/weodata/weoselgr.aspx.

15. IMF. (2015, April). World Economic Outlook Database. Retrieved from www.imf.org/en/Publications/WEO/Issues/2016/12/31/Uneven-Growth-Short-and-Long-Term-Factors.

16. OECD. (n. d.). New Approaches to Economic Challenges: A sustainable and inclusive growth agenda: OECD Yearbook 2015. Retrieved from www.oecd.org/naec.

17. United Nations. (2015, 21 October). Resolution adopted by the General Assembly on 25 September 2015. 70/1. Transforming our world: the 2030 Agenda for Sustainable Development. Retrieved from www.un.org/ga/search/view_doc.asp?symbol=A/RES/70/1&Lang=E.

18. Research Group "Analytical Platform for Strategic Communications". (2018). Ukraine 2030. Consolidation of thinking - consolidation of actions. Ky'yiv: SPD V. Pavlenko [in Ukrainian].

19. UNCTAD. (n. d.). Data Center. Retrieved from unctadstat.unctad.org/EN/Index.html.