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Assessing the Status of Economic Security of Regions
Bondarevska O. M.

Bondarevska, Olha M. (2019) “Assessing the Status of Economic Security of Regions.” Business Inform 7:71–78.
https://doi.org/10.32983/2222-4459-2019-7-71-78

Section: Regional Economy

UDC 336+332.1:332.14

Abstract:
The article analyzes the status of economic security of regions of Ukraine in 2012-2017, using the developed methodical approach of integral assessment. Its application will allow the most complete consideration of the impact of negative factors on the economic security of region; to diagnose its condition on the basis of the formed set of indicators, corresponding to the allocated functional components (meso-economic, investment-innovation, foreign economic, financial, social, demographic); to compare the calculated indicators with threshold values; to comprehensively assess the level of economic security of region as a whole and according to individual components; to define the intervals of the status of economic security of region (satisfactory, unsatisfactory, critical, or totally unsatisfactory). On the basis of a comparative analysis of the trends in the development of the researched regions, it is concluded that their economic security is unsatisfactory and that the most economic security indicators are significantly deviated from their thresholds. Positive trends still are of unsustainable nature and mainly relate to the financial component, which is evidence of the first positive results of the implementation of fiscal decentralization reform.

Keywords: economic security of region, index method, functional method, integral index, indicator.

Fig.: 7. Tabl.: 1. Bibl.: 15.

Bondarevska Olha M. – Candidate of Sciences (Economics), Senior Lecturer, Department of Finance and Banking, Poltava National Technical Yuri Kondratyuk University (24 Pershotravnevyi Ave., Poltava, 36011, Ukraine)
Email: olia.bondarevska@gmail .com

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