PRIORITY DIRECTIONS OF NATIONAL SECURITY FINANCING UNDER HYBRID WARFARE CONDITIONS: GLOBAL AND UKRAINIAN CONTEXTS

Authors

DOI:

https://doi.org/10.35774/jee2018.03.275

Keywords:

Hybrid warfare, national security costs, military spending, conflict zones, security and defence sectors, defence budgets, military expenditure structure, defence capabilities.

Abstract

The paper made analysis of the world security situation and confirms the expansion of conflict zones and change in warfare forms.

The main feature of the international confrontation in the 21stcentury is the use of not only military force but also political, economic, information and other means of non-military character meant by the hybrid warfare concept. The authors singled out the tendency for national security expenses increase and change of priorities in their use. The main shortcomings of the system of national security functioning were identified, the consequence was used by Russia to re­venge its influence, invade the territory of Ukraine and occupy the Crimea. The necessity of counteracting the imperial ambitions of Russia in the context of its hybrid warfare set Ukraine the urgent task to create an effective security and de­fence sector, build up and restructure its military spending.

The paper emphasizes that the priority areas for financing the security and defence sectors in Ukraine are modernization of armaments and military equipment, development and procurement of the latest types of weapons, growth of research and development projects in the field of military affairs and related branches like aviation and space.

JEL: Н5, О47, С23.

Author Biographies

Vitalina Kuryliak, Ternopil National Economic University

Doctor of Economics, Professor.

Alexander Sokhatsky, Ternopil National Economic University

 Graduate student.

References

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Published

16.11.2018

How to Cite

Kuryliak, Vitalina, and Alexander Sokhatsky. “PRIORITY DIRECTIONS OF NATIONAL SECURITY FINANCING UNDER HYBRID WARFARE CONDITIONS: GLOBAL AND UKRAINIAN CONTEXTS”. Journal of European Economy, vol. 17, no. 3, Nov. 2018, pp. 275-91, doi:10.35774/jee2018.03.275.

Issue

Section

FINANCIAL AND BANKING SERVICES MARKET