Assessment Of Economic Security Of Territorial Systems Based On The Membership Function

Abstract

Strategic management of regional development requires deep and comprehensive monitoring of the territorial system functioning. The exposure of open socio-economic systems to external influences and the internal destabilizing factors means the emergence of risks and threats to economic security that are different in terms of control. The economic security of the region is based on the ability of the spheres and elements of the system to function in compliance with the requirement to ensure admissible risks, maintain stability under the influence of threats and a negative impact of a combination of factors. Among the most important and controlled areas of the territory economic security are the population life level, production and financial components, budget and infrastructure, investment potential. The article presents the results of the study aimed at developing an approach to assess the economic security of territorial systems based on the membership function. The approach proposed by the authors is adapted to solve the problem of assessing the system membership in different levels of economic security and risk. Application of this method made it possible to identify the probable distribution of regional economic security indicators by risk levels. The estimates of the membership functions indicators coefficients by the region’s levels of economic security are obtained. The results can be applied for the subsequent strategic planning of measures to control the dynamics of the territory development.

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Publisher

European Publisher

First Online

25.09.2021

Doi

10.15405/epsbs.2021.09.02.65

Online ISSN

2357-1330