Economic Affairs
  • Year: 2024
  • Volume: 69
  • Issue: 1

Systemic risks of financial management in the international projects: Global investments and financial management as a component of National security

  • Author:
  • Svitlana Plotnichenko1, Taras Kitsak2, Dominika Rosłoń3, Roman Pasichnyi3, Olga Rudyk4, Nataliia Oliinyk5,*
  • Total Page Count: 13
  • Published Online: Feb 18, 2025
  • Page Number: 579 to 591

1Department of Management and Public Administration, Dmytro Motornyi Tavria State Agrotechnological University, Khmelnytsky Ave, Zaporizhzhia, Ukraine

2Department of Public Administration and Public Service, Lviv Polytechnic National University, 12, S. Bandery Str., LvivUkraine

3Department of Political Science and International Relations, Institute of Humanities and Social Sciences, Lviv Polytechnic National University, 12, S. Bandery Str., Lviv, Ukraine

4Department of Finance, Circulation and Credit, Ivan Franko National University of Lviv, Lviv, Ukraine

5Department of Public Administration and Project Management of the Educational and Scientific, Institute of Management and Psychology of the State-owned “University of Educational Management”, Kyiv, Ukraine

*Corresponding author: scientistua@ukr.net (ORCID ID: 0000-0001-8489-4141)

Online published on 18 February, 2025.

Abstract

The article attempts to investigate the landscape of today global financial system and instabilities observed in it. Special emphasis is placed on geopolitical factors determining disturbances and risks for financial security of the state as a crucial part of national security. It is shown that, due to rapidly growing action of geopolitics as non-random influence factor, systemic risks in the international projects are acquiring very complex and multifaceted nature, and global investments and financial management are among the most important components of national security.

⓿ The article is devoted to analysis of today trends and shifts in the functioning of global financial system and its influence on systemic risks of financial management in the international projects.

⓿ The obtained results demonstrated ever growing effect of geopolitics influence on financial markets and close interweaving of political and financial risks, acquiring the system character and posing a threat of entropy.

⓿ The research findings can be used by financial regulators, national security agencies, and market players in making appropriate decisions on forecasting and mitigating risks.

Keywords

Global financial system, Geopolitics, Financial management, National security, Financial security