national economic security system, their anticipation by means of economic,
institutional, regulatory, administrative and institutional leverage, and the use of
several prediction-based scenarios for ensuring economic security [22: 23].
To make these processes operational, the country should carry out analytics,
collect information, estimate the current level of economic security of the national
economy, assess the identified trends, identify and model threats, evaluate their impact
on the economic security system and forecast the implications for the national
economy.
Presently, one of the major threats for the country is the imbalance in the
development of the domestic commodity market. National commodity producers
mostly remain export-oriented for the marketing of products, while being resource-
wise and technologically import-dependent. In 2018, key trends in the development of
the domestic commodity market of Ukraine include further decrease in the product
offer on the domestic market; a slump in revenue among national producers and
importers across all industries; increased capacity of domestic producers to meet
potential demand on the domestic market; sharp discrepancies between certain export
oriented activities and their competitive positions on the domestic market.
Global Competitiveness Index (GIC) is an effective tool to anayse a country’s
competitive position; the index is calculated on a regional basis and should be studied
in dynamics. GIC is based on twelve pillars: four basic requirements which include
institutions, infrastructure, macroeconomic environment, health and primary
education; six efficiency enhancers including: higher education and training, goods
market efficiency, labor market efficiency, financial market development,
technological readiness, market size; and two innovation and sophistication factors,
namely business sophistication and innovation [14: 255].
Since these components of competitiveness represent, to a greater or lesser extent,
the potential areas for development, one can assume that all of them constitute threats
to economic security, whereas a high level of a country’s competitiveness may
correspond to a high level of economic security.
CONCLUSION
In the context of globalisation, ensuring economic security is the foundation of a
country’s development and a key component in its national security system.
Worldwide, military methods have been replaced with the more effective economic
ones. National economic security is a complex poly-systemic phenomenon and its
development is conditioned by a core need to ensure sustainability of the economy in
the conditions of internal and external dangers and threats. System-forming factor of
economic security is the realisation of national interests in order to ensure the state of
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