ENSURING THE RESILIENCE OF THE NATIONAL ECONOMY

Abstract

Background. The resilience of the national economy expresses the ability of the country's economic system to resist, adapt and recover from negative external influences. The problem of increasing the resilience of the national economy has acquired a special scientific and applied importance in conditions of spatial turbulence of the world economy. The aim of the research is to develop the theory of resilience in the economy in the part of the generalization and systematization of the theoretical positions on the definition and classification of conditions and factors ensuring the resilience of the open economy to negative external influences. Materials and methods. Methodological basis of the study were methods of knowledge of economic phenomena and processes: systemic, theoretical generalization, comparative-historical method, systematization. The results of the research. The resilience of the national economy is ensured by the presence of macroeconomic, regulatory, organizational and institutional conditions as necessary conditions that make the economic system able to withstand internal and external «burdens», adapt to them and recover from their manifestation. In accordance with international practice, the conditions for ensuring the resilience of the national economy are formed by measures of foreign trade, financial, tax, competition and social policy. Such measures are implemented by a system of state institutions supporting the resiliency of the economy. Conclusion. The resilience of the national economy manifests itself under the influence of a complex of external and internal factors. External factors influence the national economy through such channels of interaction in the world economy as: foreign trade, foreign investments and loans. In the natural-ecological, socio-demographic, financial-industrial, political-legal and infrastructural environments internal factors are formed. These factors also determine the level of resilience of the national economy to external negative impacts.

Authors and Affiliations

Alina BOIKO

Keywords

Related Articles

THE PRINCIPLE OF JUSTICE IN LAW ENFORCEMENT

Background. In connection with the construction of a democratic constitutional state in Ukraine there is a need for a definition of the principles of law application. Subjects of application of the law should act only un...

ADMINISTRATIVE ACTIVITIES TO PREVENT AND COMBAT CORRUPTION IN THE MILITARY SPHERE

Background. The issue of preventing and combating corruption in all spheres of modern Ukrainian society is becoming important, especially for the army currently performing military service and on the effectiveness of whi...

LEGAL REGULATION OF CONCLUSION OF ELECTRONIC ECONOMIC CONTRACTS

Background. Analysis Mandatory of the conclusion of economic agreement in writing is established by the current legislation. With the adoption of the Law of Ukraine "On electronic commerce" in 2015 the need to study the...

INNOVATION OF THE WTO ON PROCEDURES FOR FOREIGN TRADE IN GOODS

Background. The existence and compliance of international rules for trade in goods suggested by the World Trade Organization (WTO) ensure the confidence and stability for international trade. Barriers for trading countri...

INFORMATION SUPPORT FOR THE PROTECTION OF INTELLECTUAL CAPITAL OF AN INTERNATIONAL COMPANY

Background. Today, the structure of the national economy and the quality of products and services that are produced are determined by the information, knowledge, professional, scientific and cultural capital of the socie...

Download PDF file
  • EP ID EP235352
  • DOI -
  • Views 71
  • Downloads 0

How To Cite

Alina BOIKO (2017). ENSURING THE RESILIENCE OF THE NATIONAL ECONOMY. Зовнішня торгівля: економіка, фінанси, право, 4(93), 16-27. https://europub.co.uk/articles/-A-235352