• Title/Summary/Keyword: Economic Security

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Tools for Improving the Efficiency of the Economic Security of Enterprises in Face of the Competitiveness Intensification

  • Turylo, Anatolii M.;Sharko, Vitalii;Fesun, Iryna;Stadnyk, Viktoriya;Andrusenko, Nadiia
    • International Journal of Computer Science & Network Security
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    • v.22 no.3
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    • pp.53-60
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    • 2022
  • The article examines the problems of ensuring the effectiveness of the economic security system in the face of increasing competition. The relevance of the study is determined by the intensification of competition between enterprises and the threats arising from this phenomenon. The methodological basis is the methods used: analysis and synthesis - to identify the main trends in the development of tools for economic security of the enterprise; systematization - to highlight the main characteristics of the economic security of the enterprise in the intensification of competition; generalization - to form the general conclusions of the study. The purpose of scientific research is to substantiate the feasibility of using the tools of the economic security system to increase its efficiency in the face of intensifying competition. The main components of the economic security system of the enterprise, which have the greatest impact on the formation of an effective level of economic security. The defining characteristics of the system of economic security of the enterprise are investigated. Special characteristics of the economic security system of the enterprise are considered. The offered directions of tools of maintenance of system of economic safety of the enterprise in competitive conditions: objective, subjective external, subjective internal. For each area, specific tools for ensuring the system of economic security, which affect its efficiency, have been identified.

The Economic Security System in the Conditions of the Powers Transformation

  • Arefieva, Olena;Tulchynska, Svitlana;Popelo, Olha;Arefiev, Serhii;Tkachenko, Tetiana
    • International Journal of Computer Science & Network Security
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    • v.21 no.7
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    • pp.35-42
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    • 2021
  • In the article, the authors investigate the economic security system in the conditions of the powers transformation. It is substantiated that economic security acts as a certain system that includes components and at the same time acts as a subsystem of the highest order. It is determined that the economic security system of regions acting as a system has its subsystems, which include: production, financial, environmental, innovation, investment and social subsystems. The parameters of the economic security system include relative economic independence, economic stability and self-development of economic systems, and it is proved that an important feature of economic security in addition to its systemic nature is multi-vector. It is substantiated that the monitoring of ensuring the economic security system of the development of economic systems of different levels in the conditions of the powers transformation should contain the analysis of social, economic and ecological development of regions; spheres of possible dangers of the development of regional economic systems; the nature of the threats; the degree of the possibility of threats; time perspective of economic development threats; possible consequences of losses for economic entities; the impact of threats to the object of the economic entities' activity; possible asymmetry of economic development of regional economic entities. Possible threats as a consequence of the powers transformation have been identified. A PEST analysis of the impact of factors of different nature on economic security and the development of regional economic systems in the powers transformation is carried out. A recurrent ratio is proposed for the economic security system in the conditions of the powers transformation.

Economic Security of Household: The Comparison of Short-term and Long-term Indicators (가계의 경제적 안정도: 단기지표와 장기지표의 비교)

  • 김강자
    • Journal of Families and Better Life
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    • v.11 no.1
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    • pp.107-118
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    • 1993
  • A dimension of well-being economic security was analyzed and compared with economic adequacy. Again it was tested whether two indicators of economic security(short-term vs. long-term) yield same distribution across all household groups. Economic Security was defined as the household ability to sustain a given level of consumption in the case of economic emergency; specifically loss of income. Measure of 8 different kinds of economic security were constructed from household net worth including and excluding home equity. Data were taken from the 1988 U.S. Consumer Expenditure Survey and 2148 households were selected to test hypotheses concerning the economic security of American households Empirical results showed a very low level of economic security in general. The first hypothesis that distribution of economic adequacy and economic security are same across all population groups was rejected. On the average security measure rather than adequacy measure was favor to white female-headed households and households who have old and highly educated house-holder. The second hypothesis that the indicators of long-term and short-term economic security yield the same results across all household was not rejected. In general the level of economic security was relatively higher when long-term indicator was used than short-term indicator was however the direction and relative size of effect of income and each control variable was almost same.

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The System for Ensuring the Financial and Economic Security of the State in an Aggressive External Environment

  • Kryshtanovych, Myroslav;Vartsaba, Vira;Kurnosenko, Larysa;Munko, Anna;Chepets, Olha
    • International Journal of Computer Science & Network Security
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    • v.22 no.11
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    • pp.51-56
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    • 2022
  • The main purpose of the study is to analyze the features of ensuring the financial and economic security of the state in an aggressive external environment. The concept of financial and economic security should contain the priority goals and objectives of ensuring security, ways and methods to achieve them, adequately reflecting the role of finance in the socioeconomic development of the state. Its content is designed to coordinate nationwide actions in the field of security at the level of individual citizens, business entities, industries, sectors of the economy, as well as at the regional, national and international levels. The methodology includes a number of scientific and theoretical methods of analysis. Based on the results of the study, the key aspects of the system for ensuring the financial and economic security of the state in an aggressive external environment were identified.

Anti-Crisis Management In The System Of Economic Security Of International Business

  • Blakyta, H.V.;Zubko, T.L.;Zhuk, O.S.;Kasianova, A.O.;Guliaieva, N.M.;Vavdiichyk, I.M.
    • International Journal of Computer Science & Network Security
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    • v.22 no.8
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    • pp.269-274
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    • 2022
  • Economy of Ukraine is characterized by the rapidly increased level of financial failures at a corporate level. Conditions of doing business in Ukraine become tighter year after year and it should motivate the business owners not only to watch more accurately the state in which their business is but also to introduce new, more precise, more tight systems of crisis management and economic security. The experience shows that in order to stay afloat and not to suffer losses companies should pay more attention to different areas of economic security, such as production potential, financial indicators, logistics, staff, etc. For this purpose companies should use a system of valuation of the most important for their activity indicators and transform their values in an integral one in order to use this assessment in making managerial decisions. Such a valuation is one of the components which the article presents. The article also reveals the key points which characterize crisis management as an integral part of enterprise development and economic security. There are specified the essence and problems of crisis management and proposed the ways of raising the level of economic security of a company based on the example of an industrial and commercial enterprise. The key focus of the enterprise's economic security management is defined as constructive responses to threats from the external environment and, as a result, ensuring stable functioning and effective realization of untapped potential in the future. The current assumption is to explain the scheme of strategic management of an industrial and commercial enterprise and to calculate the methodology of an express assessment of the level of enterprise economic security, taking into account the components of crisis management. To assess the level of economic security of the enterprise, it is proposed to use the method of point assessment, which is based on a multi-level system of indicators, which covers the main areas of the enterprise's activity.

An Analysis of the Relationship between Energy Security and Economic Growth Using the NARDL Approach (NARDL 접근법을 사용한 에너지 안보와 경제성장에 대한 관계 분석)

  • Kuk Jin, Jang;Jin Sick, Kim;Myoung Sug, Chung;Joo Yeon, Lee
    • Journal of the Korean Society of Systems Engineering
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    • v.18 no.2
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    • pp.149-159
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    • 2022
  • This study investigated the relationship between economic growth and energy security risk levels in Korea using linear and non-linear ARDL methods. While there are many studies on the relationship between energy consumption and economic growth, few studies focus on the relationship between energy security and economic growth considering 4A dimensions of energy security such as energy availability, accessibility, acceptability, and affordability. Energy risk index from Global Energy Institue and GDP data from world bank are used for ARDL and NARDL analysis. Our result of ARDL shows that there is no long-term relationship between energy security risk levels and economic growth. On the other hand, NARDL result shows that there is an asymmetric relationship between economic growth and energy security risk levels in the long run. The results show the importance of expending further research on ensuring energy security to policymakers.

Impact of Modern Information and Communication Technologies on Economic Security in the Context of COVID-19

  • Kotlyarevskyy, Yaroslav;Petrukha, Sergii;Mandzinovska, Khrystyna;Brynzei, Bohdan;Rozumovych, Natalia
    • International Journal of Computer Science & Network Security
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    • v.22 no.1
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    • pp.199-205
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    • 2022
  • The main purpose of the study is to analyze the main aspects of the impact of information and communication technologies on the economic security system in the context of a pandemic situation. The new realities of the modern turbulent world require a new approach to the issues of ensuring economic security, in which information and communication technologies and information security are beginning to play an increasingly important role. As a result of a detailed analysis of the further functioning of all components of economic security in the context of the existence of the consequences of the COVID-19 pandemic.

The Main Negative Factors of Military Influence on the Economic Environment of the Region and its Financial and Economic Security

  • Sytnyk, Yosyf;Havrychenko, Dmytro;Staverska, Tetiana;Primush, Roman;Erfan, Vitalii
    • International Journal of Computer Science & Network Security
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    • v.22 no.6
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    • pp.241-245
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    • 2022
  • The main purpose of the study is to determine the main factors influencing the economic environment of the region and its financial and economic security. Ukraine aspires to become a full member of the European Union, but the events of 2022 have changed everything. Full-scale military operations on the territory of Ukraine significantly affect its socio-economic situation Today, the issue of studying the negative impact of military operations on the economic environment is very relevant. Based on the results of the study, we have identified the main negative factors of the military impact on the economic environment of the region and its financial and economic security.

Development of the Agro-Industrial Complex for Improving the Economic Security of the State

  • Petrunenko, Iaroslav;Pohrishcuk, Borys;Abramova, Maryna;Vlasenko, Yurii;Halkin, Vasyl
    • International Journal of Computer Science & Network Security
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    • v.21 no.3
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    • pp.191-197
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    • 2021
  • Ensuring the economic security of agro-industrial complexes of Ukrainian regions has become a top-priority task of state regional policy, as their stable functioning is an essential element of economic security of the whole country. It is overcoming threats to the development of the agro-industrial complex that ensures its further effective functioning and has a significant impact on the economic security of our state. Methods: logical method; methods of system analysis; synthesis; economic and statistical method; method of expert assessment; SWOT analysis; economic and mathematical modelling and planning. Results. Characteristic features of economic security have been given. The essence and significance of the agro-industrial complex in improving the economic security of the state have been determined. It has been noted that in recent years, the agro-industrial complex, which acts as a driver of the domestic economy and has a direct impact on the development of the country, has been growing (in 2019 the cereal and legume harvest exceeded 75 million tons, 20,269 thousand tons of potatoes were dug, more than 15 million tons of sunflower, 9,688 thousand tons of vegetables and 2,119 thousand tons of fruits and berries were harvested, meat and egg production increased by 137.5 thousand tons (or 5.8%) and 545.5 million pieces (or 3.4%), respectively, the number of employed population in agriculture increased by 139.8 thousand people (or 4.9%), the labour productivity in crop production increased by UAH 294.4 thousand (or 44.6%), in livestock production - by UAH 311.3 thousand (or 61.8%)). Based on the system of production and economic indicators, the analysis of the state of the agro-industrial complex has been carried out. Taking into account the results of the obtained data and using SWOT-analysis, the major threats to the development of the agro-industrial complex have been identified. Ways of overcoming threats enhancing the economic security of Ukraine have been proposed.

Estimating Direct Costs of Enterprises by Personal Information Security Breaches (개인정보 유.노출 사고로 인한 기업의 손실비용 추정)

  • Yoo, Jin-Ho;Jie, Sang-Ho;Lim, Jong-In
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.19 no.4
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    • pp.63-75
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    • 2009
  • Recently personal information security breaches by unauthorised access, mistakenly disclosure or stolen become more frequent and the scale of the economic loss of such incidents is growing. Assessing economic loss of personal information security breaches is needed for decision making of information security investment This paper presents a framework to analyze economic impact of personal information security breaches and develops formula for each element to empirically calculate the economic loss. We also compared annual economic loss of Korea with that of Japan to develop some implications.