Economic security of Ukraine: innovative concept of strengthening in the context of COVID-19

Zalizko, Vasyl; Nowak, Dariusz; Kukhta, Pavlo

doi:10.33271/nvngu/2020-4/152

Cited by 3 publications

(4 citation statements)

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“…At the same time, having determined the further strategic priorities of the state policy on strengthening economic security based on the developed methodology, the sample of nine general indicators of the characteristics of various aspects of economic activity remains limited. Zalizko et al (2020) proposed a new system of weighting factors for such groups of indicators as demographic, energy, foreign economic, food, ecological, epidemiological security. This allowed increasing the probability of forecasts of the country's economic development in the conditions of epidemics and financial crises and, as a result, increasing the efficiency of state management of the economic security system.…”

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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“…Presented of systematization of structural elements SPC & CAPP combines well with the proposed concept of strengthening the economic system on the example of Ukraine (Figure 5.19). Source: (Zalizko, Nowak, & Kukhta, 2020).…”

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confidence: 99%

“…), but it is worth giving an example of the largest mining companies (Table 5.5). (Zalizko, Nowak, & Kukhta, 2020).…”

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confidence: 99%

“…Presented of systematization of structural elements WEB 0.0-5.0 and SPC&CAPP combines well with the proposed concept of strengthening the strategy to stimulate the openness, strength and resilience of the EU's economic and financial system for the years to come. The outlined concept of strengthening the economic security in the context of the spread of acute respiratory disease COVID-19 caused by coronavirus SARS-CoV-2, provides for the institutionalization of gig-workers (freelancers), who must have not only tax benefits but also proper social, transport and information infrastructure (Zalizko, Nowak, & Kukhta, 2020).…”

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Modern methods used in production-operations management

Marcinkowski¹,

Narojczyk²,

Nowak³

et al. 2021

Production–operation Management. The Chosen Aspects

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Climate change, resource depletion, technical progress, growing consumer awareness and changing requirements causes companies to look for new production methods. They may concern various areas of the company’s activity, starting from product design, procurement organization, optimization of production processes, control of manufactured products and services, through improvement of work organization and reduction of production costs, and ending with the implementation of modern solutions based on digital technologies. The purpose of implementing new production methods is to improve labour mobility, optimization of the use of raw materials and resources, costs reduction, increase efficiency, productivity, etc. In the literature, there are many different types of methods that can be used by modern enterprises. It is practically impossible to present all methods in this study. The authors focused on the presentation of selected methods, which are characterized on the one hand by innovation and, on the other hand, by the possibility of implementation. Particular attention should be paid to methods focused on environmental aspects. This group presents basic information on environment-conscious manufacturing (ECM), life-cycle assessment (LCA) and waste management and recycling. These methods allow to implement the concept of sustainable development and are directly related to the 17 goals set out in the 2030 Agenda for Sustainable Development and adopted by UN member states. In the group of methods related to next generation production management, the focus was on Matrix shop floor control and cooperative manufacturing. Of particular importance is cooperative management, because cooperation in practice is considered as a specific resource and one of the most important factors of a competitive position. The next group of methods concerned production planning and control. Drum Buffer Rope (DBR) and theory of constraints (TOC) were discussed as part of it. From the company’s point of view, methods related to manufacturing processes are very important, including group technology (GT) and cellular manufacturing (CM). Another group focused on commercial aspects, including demand chain management (DCM) and competitive intelligence (CI). The chapter also presents methods related to auxiliary software support, advanced organizational manufacturing and focused on product design. In the first case, Electronic Data Interchange (EDI) was discussed, in the second, virtual enterprises (VE) and World Class Manufacturing (WCM) were presented, and in the third, the assumptions concerning the Quality Function Deployment (QFD) and House of Quality (HOQ) method were shown. Additionally, Statistical Process Control (SPC) and Computer-Aided Process Planning (CAPP) are discussed within the framework of methods focused on cost and quality manufacturing.

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Prognosis assessment of the role of digital platforms in providing the internationalization of the knowledge economy

Alekseieva,

Novikova,

Zalizko

et al. 2023

IJERR

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The study aims to assess and predict the quantitative and qualitative characteristics of the impact of digital platforms on the internationalization of technology transfer and the knowledge economy in general. The study's theoretical basis is the methodology of integrated assessment of the functioning of the international platform Enterprise Europe Network which is a component of the macroeconomic system in its classical sense. The multifactor analysis provides a predictive assessment of the role of digital platforms in the knowledge economy's internationalization process and outlines typical scenarios for the formation of an innovative paradigm for managing the internationalization of technology transfer. The integral value of the index of the impact of digital platforms on the process of internationalization of the knowledge economy was obtained, which allowed the separation of an innovation cluster to enhance technology transfer in three countries: Great Britain, Poland and Ukraine, i.e., the countries with high correlations of knowledge economy activation. The binary influence of the Covid-19 pandemic on the development of high-tech solutions in the knowledge economy is proven.

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Economic security of Ukraine: innovative concept of strengthening in the context of COVID-19

Cited by 3 publications

References 0 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

Modern methods used in production-operations management

Prognosis assessment of the role of digital platforms in providing the internationalization of the knowledge economy

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