Modern Determinants of Economic Security Management of States in Conditions of Globalization and Stability Development

Abstract

The scientific novelty of the article is a developed methodology of the world countries' classification regarding the quality of economic security management and the possibility to develop an exclusive set of actions directed towards optimization of such management. It has been proved using an example of Ukraine. The research methodology is based on systematic and historical approaches to the disclosure and resolution of the issues of economic security management in economically developed countries of Europe and European countries that develop their own economic systems, taking into account the processes of globalization and ensuring their sustainable development. In this case, the historical approach is based on the study undertaken during a certain period of time (2012-2018), and the systematic approach is aimed at the assumption of connection and mutual influence of economic security of different European countries, which operates as a single system. To conduct the research data and empiric analysis of seventeen countries of Western (Germany, France, Great Britain, Spain, Italy), Eastern (the Russian Federation, Latvia, Lithuania, and Estonia), and Central Europe (the Czech Republic, Bulgaria, Hungary, Poland, Slovakia, Romania, and Ukraine) in 2016 – 2018 have been taken and analyzed. Policy considerations: -economic security is the main element of the countries’ national security provision under globalization and their stable development; - the required level of economic security can be reached only within management based on a set of key determinants; - economic security management varies significantly in different world countries in conditions of their operation as parts of the world economic system; - some world countries, which are developing their own economic systems, for example Ukraine, have special problems in economic security management at the national level; and they need development and implementation of exclusive optimization sets of such state institutes’ management activities.