Macroeconomic Security of Ukraine: Analysis of Dynamics and Approach to Defining Key Indicators
Journal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.77, No. 3)Publication Date: 2024-09-23
Authors : Mazhara G.; Zavalna M.;
Page : 4-12
Keywords : macroeconomic security; economic security indicators; analysis of indicator dynamics; threats to macroeconomic security; critical security level; indicator relevance;
Abstract
The article is dedicated to highlighting the pressing issues of Ukraine's macroeconomic security, which have become particularly critical due to external economic shocks and the extensive consequences of war. This study conducted a detailed analysis of the dynamics of key macroeconomic security indicators for the period 2013–2023, covering economic crises, the COVID-19 pandemic, and the full-scale invasion by the Russian Federation. The analysis results revealed that most indicators were already at critical and dangerous levels during 2013–2021, with the situation deteriorating significantly in 2022–2023, as most indicators reached their lowest values. The article compares the most common indicators, determining their weight and sensitivity to current economic threats. The list of the most relevant indicators includes the consumer price index, unemployment rate, real GDP growth rates, and the population's propensity to save.
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