PROMISING WAYS TO INCREASE THE EFFECTIVENESS OF PUBLIC POLICY ON ECONOMIC SECURITY

Анотація

The purpose of the article is to identify promising ways to increase the effectiveness of public policy in the field of economic security. Results. The current political and economic processes in the State require systematic and well-balanced steps to improve legal, regulatory, organizational, logistical and other support for public policy on economic security. It is proved that the processes of making public policy on the economic security of Ukraine require substantial improvement and optimization regarding both the regulatory framework for the establishment and maintenance of the state economic security system and matters falling within the competence of the central executive authorities responsible for implementing economic security policy in individual sectors of social and political life. The main proposals in this area are: 1) improvement of the legal and regulatory framework for the implementation of public policy on economic security in terms of: a) improving the provisions of the Law of Ukraine "On National Security of Ukraine"; b) amending the 2020 National Security Strategy of Ukraine; c) optimizing the content of the Cybersecurity Strategy of Ukraine; 2) establishment of the Council on Economic Security under the President of Ukraine and the continuation of the Memorandum of Understanding between the Government of Ukraine and the Organisation for Economic Co-operation and Development, in particular in the areas of combating money-laundering; reforming the tax system and administration of customs duties and charges and ensuring a favourable investment climate; 3) introduction of strategic planning for economic security through the adoption of the Economic Security Strategy, Concepts and Strategies within the individual components of economic security (financial, industrial, macroeconomic, investment, foreign economy and human security); 4) development of the draft Law of Ukraine "On Economic Security of Ukraine". Conclusions. The author makes proposals to establish the Council on Economic Security under the President of Ukraine. This body should include several specialized commissions in the areas of: financial, industrial, macroeconomic, investment and innovation, foreign economy and human security.

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