Algorithm for assessing national financial and economic security

Abstract

The article addresses a relevant and complex problem of developing an algorithm for assessing the state of Ukraine’s financial and economic security under conditions of wartime risks and post-war economic recovery. An integral methodology is proposed that makes it possible to assess the state of Ukraine’s financial and economic security, to identify key problematic components of the state’s financial and economic security over the dynamics of the studied periods, as well as to identify threats and opportunities with a view to implementing the obtained results in the practice of restoring financial and economic security. The proposed algorithm is based on the ideas of a polynomial algorithm for extrapolating the parameters of stochastic systems and includes a specific set of indicators of the state of Ukraine’s financial and economic security, formed in the process of building the component structure of the category “financial and economic security.” Its application makes it possible to assess the level of the economy’s resilience to external and internal threats; it is characterized by signaling capability regarding the level of imbalance in the state’s financial and economic security, the availability of statistical data and analytical applicability, unambiguity of interpretation, and a high level of sensitivity to changes in the economic situation.