Pub Date : 2023-06-26DOI: 10.31521/modecon.v39(2023)-07
I. O. Ivanov
{"title":"The Efficient Market Hypothesis: Scientific Consensus on the Viability of the Theory","authors":"I. O. Ivanov","doi":"10.31521/modecon.v39(2023)-07","DOIUrl":"https://doi.org/10.31521/modecon.v39(2023)-07","url":null,"abstract":"","PeriodicalId":201493,"journal":{"name":"Modern Economics","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135751109","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-26DOI: 10.31521/modecon.v39(2023)-21
Alona Tanasiichuk, Iryna Polishchuk
{"title":"Features of the Application of Digital Technologies in the Marketing Activities of the Enterprise","authors":"Alona Tanasiichuk, Iryna Polishchuk","doi":"10.31521/modecon.v39(2023)-21","DOIUrl":"https://doi.org/10.31521/modecon.v39(2023)-21","url":null,"abstract":"","PeriodicalId":201493,"journal":{"name":"Modern Economics","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135751399","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-26DOI: 10.31521/modecon.v39(2023)-03
Nelia Volkova, A. S. Kryvoruchko, B. S. Yanishevskyi
{"title":"Development of the Payment Services Market in the Face of Uncertainty","authors":"Nelia Volkova, A. S. Kryvoruchko, B. S. Yanishevskyi","doi":"10.31521/modecon.v39(2023)-03","DOIUrl":"https://doi.org/10.31521/modecon.v39(2023)-03","url":null,"abstract":"","PeriodicalId":201493,"journal":{"name":"Modern Economics","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135751402","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-26DOI: 10.31521/modecon.v39(2023)-11
O. K. Kushnir, V. R. Chaplinsky
{"title":"Statistical Methods for Big Data Analysis","authors":"O. K. Kushnir, V. R. Chaplinsky","doi":"10.31521/modecon.v39(2023)-11","DOIUrl":"https://doi.org/10.31521/modecon.v39(2023)-11","url":null,"abstract":"","PeriodicalId":201493,"journal":{"name":"Modern Economics","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135751406","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-26DOI: 10.31521/modecon.v39(2023)-15
Tеtiana Lunkina, Anna Kuhlyar
{"title":"Lending to the Agricultural Sector of the Economy of Ukraine","authors":"Tеtiana Lunkina, Anna Kuhlyar","doi":"10.31521/modecon.v39(2023)-15","DOIUrl":"https://doi.org/10.31521/modecon.v39(2023)-15","url":null,"abstract":"","PeriodicalId":201493,"journal":{"name":"Modern Economics","volume":"134 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135751413","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-20DOI: 10.31521/modecon.v38(2023)-12
M. Makeleni
Abstract. Introduction. The connection between the real economy and the financial sector continues to be a subject of debate amongst scholars. There is a plethora of studies dedicated to unravelling the relationship between economic activity and financial progress. However, a large share of those studies has concentrated on banking and the capital market industries; the studies that have undertaken to decipher the connection between the insurance industry and prosperity in the economy are insufficient. Purpose. This study attempts to explore the link between South Africa's insurance industry and economic growth. The study made use of secondary time-series quarterly data and employed the Toda-Yamamoto (non-Granger causality) test. Results. Firstly, the findings show a uni-directional causal relationship running from long-term insurance to GDP percapita. Implying that the South African long-term insurance sector is supply-leading. Secondly, the results revealed that GDP percapita and the short-term insurance sector are interdependent (bi-directional relationship). Lastly, the findings showed a unidirectional causal relationship between GDP per-capita and total insurance assets. Conclusions. The results imply that the South African total insurance sector is supply-leading.
{"title":"Economic Growth and the Insurance Sector in South Africa: Toda-Yamamoto","authors":"M. Makeleni","doi":"10.31521/modecon.v38(2023)-12","DOIUrl":"https://doi.org/10.31521/modecon.v38(2023)-12","url":null,"abstract":"Abstract. Introduction. The connection between the real economy and the financial sector continues to be a subject of debate amongst scholars. There is a plethora of studies dedicated to unravelling the relationship between economic activity and financial progress. However, a large share of those studies has concentrated on banking and the capital market industries; the studies that have undertaken to decipher the connection between the insurance industry and prosperity in the economy are insufficient. Purpose. This study attempts to explore the link between South Africa's insurance industry and economic growth. The study made use of secondary time-series quarterly data and employed the Toda-Yamamoto (non-Granger causality) test. Results. Firstly, the findings show a uni-directional causal relationship running from long-term insurance to GDP percapita. Implying that the South African long-term insurance sector is supply-leading. Secondly, the results revealed that GDP percapita and the short-term insurance sector are interdependent (bi-directional relationship). Lastly, the findings showed a unidirectional causal relationship between GDP per-capita and total insurance assets. Conclusions. The results imply that the South African total insurance sector is supply-leading.","PeriodicalId":201493,"journal":{"name":"Modern Economics","volume":"91 11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128575288","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-20DOI: 10.31521/modecon.v38(2023)-29
M. Dubinina
Abstract. Introduction. Ensuring the effective functioning of a modern enterprise is largely determined by the procurement process, which significantly affects the stability, efficiency and competitiveness of the enterprise. Purpose. The purpose of this study is to determine the key features of the supply process and its goals in the chain of circulation of economic assets, as well as to characterize the accounting component of the supply activity. Results. The supply process, in addition to the actual purchase of values, includes all interrelated activities necessary for the organization to receive goods and services from suppliers: the selection of suppliers, negotiations and agreement of terms with them, transportation and forwarding of goods and material values, receiving, warehousing and cargo processing goods Thus, it can be said that there is no coherent and unified opinion on the definition of the terms "supply", "purchase" and "supply" today, and they are perceived in practical activity as interchangeable. Implementation of supply activities can be considered in two aspects - tactical and strategic. Supply in the tactical aspect is the satisfaction of the company's constant, daily needs for material resources, without which its effective functioning is impossible. The strategic aspect of supply activities is actually the process of management, communication and interaction with other departments, external suppliers, needs and requests of the end user. Accounting for supply costs is reduced to an important, but only effective part of the supply process - the assessment of material stocks at original cost (the actual cost of acquisition or own production). Material costs are one of the main economic elements of the enterprise's costs for the production and sale of products, they include the cost of purchased raw materials and materials that are part of the manufactured product, forming its basis, or are a necessary component in the production of products (conducting works, providing services ). The integration of production and procurement activities begins long before the production process itself. At the same time, the initiative side is the production system, the basis of which is data on product sales. However, the production process cannot proceed normally if it is not preceded by a well-established process of preparing production stocks. Reserves refer to objects that require fairly large investments and are one of the most important factors in ensuring stability and continuity of reproduction, which determine the company's policy and affect the level of service as a whole. Production units receive information about the availability of the necessary amount of materials for production. In the chain of creation of the value of material costs at the stage of production, deficiencies and losses arising as a result of procurement and supply activities may be detected. For example, if high production losses were caused by the purchase of t
{"title":"Accounting of Purchasing Activities in the Chain of Economic Processes","authors":"M. Dubinina","doi":"10.31521/modecon.v38(2023)-29","DOIUrl":"https://doi.org/10.31521/modecon.v38(2023)-29","url":null,"abstract":"Abstract. Introduction. Ensuring the effective functioning of a modern enterprise is largely determined by the procurement process, which significantly affects the stability, efficiency and competitiveness of the enterprise. Purpose. The purpose of this study is to determine the key features of the supply process and its goals in the chain of circulation of economic assets, as well as to characterize the accounting component of the supply activity. Results. The supply process, in addition to the actual purchase of values, includes all interrelated activities necessary for the organization to receive goods and services from suppliers: the selection of suppliers, negotiations and agreement of terms with them, transportation and forwarding of goods and material values, receiving, warehousing and cargo processing goods Thus, it can be said that there is no coherent and unified opinion on the definition of the terms \"supply\", \"purchase\" and \"supply\" today, and they are perceived in practical activity as interchangeable. Implementation of supply activities can be considered in two aspects - tactical and strategic. Supply in the tactical aspect is the satisfaction of the company's constant, daily needs for material resources, without which its effective functioning is impossible. The strategic aspect of supply activities is actually the process of management, communication and interaction with other departments, external suppliers, needs and requests of the end user. Accounting for supply costs is reduced to an important, but only effective part of the supply process - the assessment of material stocks at original cost (the actual cost of acquisition or own production). Material costs are one of the main economic elements of the enterprise's costs for the production and sale of products, they include the cost of purchased raw materials and materials that are part of the manufactured product, forming its basis, or are a necessary component in the production of products (conducting works, providing services ). The integration of production and procurement activities begins long before the production process itself. At the same time, the initiative side is the production system, the basis of which is data on product sales. However, the production process cannot proceed normally if it is not preceded by a well-established process of preparing production stocks. Reserves refer to objects that require fairly large investments and are one of the most important factors in ensuring stability and continuity of reproduction, which determine the company's policy and affect the level of service as a whole. Production units receive information about the availability of the necessary amount of materials for production. In the chain of creation of the value of material costs at the stage of production, deficiencies and losses arising as a result of procurement and supply activities may be detected. For example, if high production losses were caused by the purchase of t","PeriodicalId":201493,"journal":{"name":"Modern Economics","volume":"16 2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126237713","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-20DOI: 10.31521/modecon.v38(2023)-10
S. M. Lushko
Abstract. Introduction. In modern economic literature, tax management is considered at three levels: macro-, microand sub-micro levels. Each of the levels has its subjects, object of management, structure, purpose, methods, tasks and tools. State and corporate tax management are actively researched by domestic scientists, while personal tax management is practically unresearched and needs a more thorough study of theoretical and practical aspects. Purpose. The purpose of this study is to determine the theoretical aspects of personal tax management and to study its practical implementation in our country. Results. The authors gave and analyzed the definitions of domestic scientists and proposed a number of clarifications. In particular, consider personal tax management not from the perspective of an individual citizen, but from the perspective of a household. Also, it is proposed to consider as an object not the management of personal income, but the management of the tax burden, which is calculated as the ratio of the amount of taxes paid to the amount of income. Based on the analysis of the definitions of domestic scientists, an own definition was proposed. In addition, a description of the main elements of the personal tax management system was given. Subjects, object, purpose, methods and tools, stages and blocks of personal tax management are defined. The main reasons for insufficient theoretical justification and practical application of personal tax management in Ukraine are described. Conclusions. As a result of the study, the authors came to the conclusion that personal tax management is an integral part of the financial literacy of the population and consists in the application of tax planning and tax optimization methods. The goal of personal tax management is to reduce the tax burden on the household and maximize their net income. Regarding the prospects for the development of personal tax management in Ukraine, taking into account the extremely unfavorable demographic situation, which has worsened even more due to the war and the crisis of the solidarity pension insurance system, it is extremely necessary at the state level to introduce various mechanisms for increasing the level of financial literacy of the population. The state should encourage households (including through tax instruments) to plan their future incomes, retirement by participating in non-state pension and health insurance, as well as effectively manage savings by using financial market instruments.
{"title":"Personal Tax Management: Theoretical Aspects and Practical Implementation","authors":"S. M. Lushko","doi":"10.31521/modecon.v38(2023)-10","DOIUrl":"https://doi.org/10.31521/modecon.v38(2023)-10","url":null,"abstract":"Abstract. Introduction. In modern economic literature, tax management is considered at three levels: macro-, microand sub-micro levels. Each of the levels has its subjects, object of management, structure, purpose, methods, tasks and tools. State and corporate tax management are actively researched by domestic scientists, while personal tax management is practically unresearched and needs a more thorough study of theoretical and practical aspects. Purpose. The purpose of this study is to determine the theoretical aspects of personal tax management and to study its practical implementation in our country. Results. The authors gave and analyzed the definitions of domestic scientists and proposed a number of clarifications. In particular, consider personal tax management not from the perspective of an individual citizen, but from the perspective of a household. Also, it is proposed to consider as an object not the management of personal income, but the management of the tax burden, which is calculated as the ratio of the amount of taxes paid to the amount of income. Based on the analysis of the definitions of domestic scientists, an own definition was proposed. In addition, a description of the main elements of the personal tax management system was given. Subjects, object, purpose, methods and tools, stages and blocks of personal tax management are defined. The main reasons for insufficient theoretical justification and practical application of personal tax management in Ukraine are described. Conclusions. As a result of the study, the authors came to the conclusion that personal tax management is an integral part of the financial literacy of the population and consists in the application of tax planning and tax optimization methods. The goal of personal tax management is to reduce the tax burden on the household and maximize their net income. Regarding the prospects for the development of personal tax management in Ukraine, taking into account the extremely unfavorable demographic situation, which has worsened even more due to the war and the crisis of the solidarity pension insurance system, it is extremely necessary at the state level to introduce various mechanisms for increasing the level of financial literacy of the population. The state should encourage households (including through tax instruments) to plan their future incomes, retirement by participating in non-state pension and health insurance, as well as effectively manage savings by using financial market instruments.","PeriodicalId":201493,"journal":{"name":"Modern Economics","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132245099","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-20DOI: 10.31521/modecon.v38(2023)-02
Oleksii Albeshchenko
Abstract. Introduction. The article examines the global experience of state regulation of the tourism and hotel enterprise. It has been established that the state regulation and management of the development of tourist clusters is one of the priority strategies for the further development of the country's tourism industry, and in the future, enterprises from different spheres of the economy that cooperate in the same economic sphere, both private and state-owned, will be united. Purpose. The analysis of the best European practices of reforming the state policy in the field of tourism has been carried out. The minds and elements that form the sovereign regulation of tourism are explored. Results. It was determined that one of the important directions of increasing the efficiency of development in the tourism sphere is the creation and development of clusters. The sphere of tourism in Ukraine is included in the list of priority sectors of the economy, in which the solution of this task is expected. Foreign experience attests to the economic efficiency of the functioning of the tourism cluster for the entire country through the balanced interaction of all elements of the association, which affects the effective economic activity of enterprises and the development of national tourism. Conclusions. The directions for the formation of a comprehensive state policy for the development of tourism have been analyzed. The conditions and factors influencing the formation of the state policy of tourism regulation are studied. The main obstacles to the creation of tourist clusters in Ukraine have been identified. The mechanism of state policy requires a constant search and adaptation of effective interactions of elements of the development of the tourism sphere. For this, it is necessary to borrow foreign experience in the development of the tourism sector and create conditions for adaptation in Ukraine. The concept of "cluster" has not yet been defined in the legislative framework, there are no incentives and proposals for cluster formations. The development of the tourist cluster should be considered by state bodies as a strategic direction of territorial development and one of the key factors in increasing investment attractiveness.
{"title":"World Experience of State Regulation and Management of the Development of Tourism and Hotel Entrepreneurship on the Example of European Countries and the USA","authors":"Oleksii Albeshchenko","doi":"10.31521/modecon.v38(2023)-02","DOIUrl":"https://doi.org/10.31521/modecon.v38(2023)-02","url":null,"abstract":"Abstract. Introduction. The article examines the global experience of state regulation of the tourism and hotel enterprise. It has been established that the state regulation and management of the development of tourist clusters is one of the priority strategies for the further development of the country's tourism industry, and in the future, enterprises from different spheres of the economy that cooperate in the same economic sphere, both private and state-owned, will be united. Purpose. The analysis of the best European practices of reforming the state policy in the field of tourism has been carried out. The minds and elements that form the sovereign regulation of tourism are explored. Results. It was determined that one of the important directions of increasing the efficiency of development in the tourism sphere is the creation and development of clusters. The sphere of tourism in Ukraine is included in the list of priority sectors of the economy, in which the solution of this task is expected. Foreign experience attests to the economic efficiency of the functioning of the tourism cluster for the entire country through the balanced interaction of all elements of the association, which affects the effective economic activity of enterprises and the development of national tourism. Conclusions. The directions for the formation of a comprehensive state policy for the development of tourism have been analyzed. The conditions and factors influencing the formation of the state policy of tourism regulation are studied. The main obstacles to the creation of tourist clusters in Ukraine have been identified. The mechanism of state policy requires a constant search and adaptation of effective interactions of elements of the development of the tourism sphere. For this, it is necessary to borrow foreign experience in the development of the tourism sector and create conditions for adaptation in Ukraine. The concept of \"cluster\" has not yet been defined in the legislative framework, there are no incentives and proposals for cluster formations. The development of the tourist cluster should be considered by state bodies as a strategic direction of territorial development and one of the key factors in increasing investment attractiveness.","PeriodicalId":201493,"journal":{"name":"Modern Economics","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114323596","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-20DOI: 10.31521/modecon.v38(2023)-27
O. Shebanina
Abstract. Introduction. Food security is the basis of national security of any country. The definition of food security is based on four main dimensions, which include the physical availability of food, the economic availability of food, the quality and safety of products, and the environmental sustainability of food production. Thus, if the measurements of the physical availability of food, its quality and environmental safety are mainly related to the sphere of regulation of the system of technologies and sciences related to the production of agricultural products, then the question of the economic availability of food belongs to the sphere of scientific research by economists who develop recommendations for reforming state policy to improve this indicator. The vast majority of studies on the issue of the economic availability of food concern the provision of rational standards of consumption of the nutritional and energy composition of food products. At the same time, the consequences of not complying with these standards of consumption both in the short-term and in the long-term, which lead to the deterioration of the health and productive forces of the population, require a more in-depth study. Purpose. The purpose of the study is to define and analyze the basic aspects of food security through the prism of the economic dimension in order to form a map of bottlenecks in ensuring food security in the world and to find solutions for their elimination. Results. Full provision of food security is possible only under the condition of ensuring its main components: availability, quality, safety of food, as well as economic availability of food products. It is possible to ensure the ability of citizens to purchase the necessary nutrients through a comprehensive policy of increasing the level of real incomes of the population, as well as through the development of agricultural technologies. Decreasing the quality of the diet leads to systemic problems with the health of the population, which affects the composition and quality of labor resources in the country, and, as a result, affects the development of productive forces. Conclusions. The insufficient level of food security, which is based on the economic impossibility of providing adequate nutrition for the population, leads to systemic health problems and reduces productive potential. In addition to the crisis caused by the epidemiological consequences, the outbreak of hostilities in Ukraine led to the deepening of the global economic and food crisis. The significant rapid growth of the consumer price index for food confirms the fact that food prices have risen, which forces many consumers to review their consumption habits. This change in consumption habits often leads to a deterioration of the diet, which in developing countries leads to malnutrition, and in developed countries can serve as a cause of obesity, even among children. To eliminate the negative effects of unhealthy nutrition, states
{"title":"Global Aspects of Food Security in the World: Economic Dimensions","authors":"O. Shebanina","doi":"10.31521/modecon.v38(2023)-27","DOIUrl":"https://doi.org/10.31521/modecon.v38(2023)-27","url":null,"abstract":"Abstract. Introduction. Food security is the basis of national security of any country. The definition of food security is based on four main dimensions, which include the physical availability of food, the economic availability of food, the quality and safety of products, and the environmental sustainability of food production. Thus, if the measurements of the physical availability of food, its quality and environmental safety are mainly related to the sphere of regulation of the system of technologies and sciences related to the production of agricultural products, then the question of the economic availability of food belongs to the sphere of scientific research by economists who develop recommendations for reforming state policy to improve this indicator. The vast majority of studies on the issue of the economic availability of food concern the provision of rational standards of consumption of the nutritional and energy composition of food products. At the same time, the consequences of not complying with these standards of consumption both in the short-term and in the long-term, which lead to the deterioration of the health and productive forces of the population, require a more in-depth study. Purpose. The purpose of the study is to define and analyze the basic aspects of food security through the prism of the economic dimension in order to form a map of bottlenecks in ensuring food security in the world and to find solutions for their elimination. Results. Full provision of food security is possible only under the condition of ensuring its main components: availability, quality, safety of food, as well as economic availability of food products. It is possible to ensure the ability of citizens to purchase the necessary nutrients through a comprehensive policy of increasing the level of real incomes of the population, as well as through the development of agricultural technologies. Decreasing the quality of the diet leads to systemic problems with the health of the population, which affects the composition and quality of labor resources in the country, and, as a result, affects the development of productive forces. Conclusions. The insufficient level of food security, which is based on the economic impossibility of providing adequate nutrition for the population, leads to systemic health problems and reduces productive potential. In addition to the crisis caused by the epidemiological consequences, the outbreak of hostilities in Ukraine led to the deepening of the global economic and food crisis. The significant rapid growth of the consumer price index for food confirms the fact that food prices have risen, which forces many consumers to review their consumption habits. This change in consumption habits often leads to a deterioration of the diet, which in developing countries leads to malnutrition, and in developed countries can serve as a cause of obesity, even among children. To eliminate the negative effects of unhealthy nutrition, states","PeriodicalId":201493,"journal":{"name":"Modern Economics","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123583740","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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