Conceptual Aspects of Providing Border Regions’ Economic Security in the new Geopolitical Conditions of the 21 Century

Journal Title: EUROLIMES - Year 2018, Vol 26, Issue 26

Abstract

. In the article the contemporary challenges of the development of world economy in the new geopolitical conditions of the XXI century are presented and the main tendencies of economic development of the EU member states and Ukraine are outlined. The emphasis is placed on the importance of building an effective system of economic security of countries and their regions as an important component of their development and ensuring resilience to internal and external threats. In particular, based on the analysis of theoretical and methodological foundations for the formation of the state’s economic security, the essence and features of economic security of the border region in the conditions of development of cross-border cooperation are determined. It is established that in view of the specifics of economic security of the border regions, precisely because of its proximity to the border with a neighbouring state, the border region receives both additional dangers and new opportunities for increasing its competitiveness and ensuring security through cross-border cooperation. The main challenges to the economic security of the border region are described and potential threats to economic security in the transboundary region, including economic, social, energy, environmental, information and foreign economic threats are disclosed in the article. The results of monitoring of social and economic development of border regions in the EU-Ukraine cross-border area are presented. The dynamics and structure (geographic and commodity) of commodity export and import of the border regions of Ukraine are studied, the investment activity in these territories is analysed, the level of openness of the regional economy and the prospects of development of their foreign economic activity are investigated. Particular attention is paid to the features of the functioning of border trade in the Ukrainian border and the prerequisites for the formation of the shadow sector of the economy of the border areas.

Authors and Affiliations

Khrystyna PRYTULA, Yaroslava KALAT

Keywords

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  • EP ID EP622948
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How To Cite

Khrystyna PRYTULA, Yaroslava KALAT (2018). Conceptual Aspects of Providing Border Regions’ Economic Security in the new Geopolitical Conditions of the 21 Century. EUROLIMES, 26(26), 159-178. https://europub.co.uk/articles/-A-622948