Methodical approach to integral assessment of state economic security level

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The article considers the essence of economic security in the context of national security of states. Attention is paid to the comparative analysis of the risks and threats to economic security in the intercountry aspect. It is emphasized that the presence of significant differences in the level of economic and social development of countries, their hierarchy in international economic relations still prevents from developing of a single concept in the fight against economic crises, and thereby from ensuring the achievement of common national economic security. It is shown that in the studies by economists insufficient attention has been paid specifically to the issues of comparative assessment of the level of economic security of states. In this regard, the authors attempt to conduct this assessment. They propose to use the linear scaling technique based on the normalization of the indicators by determining their boundary values within the considered period using the analysis of variance method. The proposed approach has been tested on the example of five leading countries that have the largest economies in the world, namely: the USA, Germany, China, Japan, and the Russian Federation. The results obtained give a comparative assessment of both individual spheres of influence on the economic security of states, and also provide a general integral indicator that reflects the overall level of economic security of countries. In the future it will help to make more informed decisions when developing the ways to minimize the emerging risks and threats to national economic security.

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National economic security, economic security of a state, globalization, threats to economic security, risks of economic security, integral estimate

Короткий адрес: https://sciup.org/147233849

IDR: 147233849   |   DOI: 10.14529/em200206

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