INTERRELATION BETWEEN THE MANAGEMENT OF ECONOMIC SECURITY OF DEVELOPMENT AND THE STATE OF RESILIENCE OF THE ECONOMIC SYSTEM

Abstract

The article explores the relationship between the management of economic security of development and the state of resilience of economic systems in the context of modern challenges. It is emphasized that economic security is a key element that ensures the sustainability of functioning and adaptation of economic systems to changing environmental conditions. The resilience of an economic system is considered as its ability to withstand internal and external threats, quickly recover from crisis situations and maintain its development potential. The article analyses the main factors that affect economic security, including financial stability, innovation activity, efficiency of management decisions and the ability to adapt to changes. Particular attention is paid to the risks arising in the process of functioning of economic systems, including threats of economic, social, political and environmental nature. It is determined that effective management of economic security contributes to strengthening the resilience of the system, reduces its vulnerability to external shocks and ensures long-term stability. In the process of managing innovative industrial risks, two stages can be distinguished: at the first stage, there is a struggle to maintain the system's performance (ensured by the level of system resilience), and at the second stage, there is a struggle for the successful completion of the task, despite the primary and secondary consequences of disturbing actions (carried out through the efficiency of the management system). The article proposes an approach to integration of economic security into strategic planning of economic systems. In particular, the expediency of using innovative methods of monitoring threats, implementing a risk management system and adapting management mechanisms to modern realities is substantiated. The role of digitalization, automation of processes and introduction of modern technologies in increasing the resilience of economic systems is considered. The results of the study are of practical importance for developing effective management strategies for enterprises operating in unstable conditions. The conclusions of the article contribute to the formation of a methodological framework for ensuring sustainable development and economic security of economic systems. The obtained results may be useful for scientists, practitioners and public managers dealing with issues of economic development and protection of economic systems from risks.