The Impact of EU Macro-financial Stability on the Member States’ Economic Security
Bibliographic Data
| ID | 12417567 |
|---|---|
| Authors | Volodymyr Кorneev (0000-0003-0654-5311, Kyiv National Economic University named after Vadym Hetman, corresponding author), Volodymyr Korneev (Kyiv National Economic University named after Vadym Hetman), Аліна Ходжаян (0000-0002-3015-1016, Taras Shevchenko National University of Kyiv), Alina Khodzhaian (Taras Shevchenko National University of Kyiv), Олександр Дзюблюк (0000-0002-4967-823X, West Ukrainian National University), Oleksandr Dziubliuk (West Ukrainian National University), Natalia Kozmuk (0000-0001-7438-8691, Lviv University), Nataliia Shehynska (Lviv University) |
| Year | 2025 |
| Volume | 33 |
| Issue | 2 |
| Pages | 175-199 |
| Publication date | 2025-04-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | European Review (JOURNAL) |
| Journal identifiers | ISSN: 1062-7987 • E-ISSN: 1474-0575 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s1062798725100148 |
| OpenAlex | W4411255827 |
| Language | EN |
| References cited | 25 |
Macro-financial stability plays a crucial role amidst global crises and can significantly impact the economic security of European Union members. It is crucial to have sufficient resources to address macroeconomic challenges since economic vulnerability can worsen risks, threats and instability, ultimately resulting in greater inequality. The article aims to investigate the influence of EU macro-financial stability on the economic security among EU member states with different development levels. Indicators that serve as the foundation for assessing the Macroeconomic Imbalance Procedure (MIP) have been chosen for studying the economic security of advanced, emerging, and developing economies within the EU. Studies utilizing correlation and regression analysis have revealed an interconnection between the EU’s macro-financial stability and its member countries’ economic indicators. This correlation is found to be significant regardless of the country’s level of development. The findings highlight the vulnerability of national economies to macro-financial shocks within the EU and the potential adverse effects on the economic security of member countries. Insights into the impact of macro-financial stability on economic security help identify destructive trends and risks arising from macro-financial destabilization, proving beneficial to EU members and countries aspiring to EU membership. The novelty lies in establishing the link between financial stability and economic security of EU member countries at the macroeconomic level, regardless of their development level, and elucidating potential consequences of macro-financial destabilization on economic indicators
Business · Economic policy · Economics · European union · Financial stability · Financial system · International economics · Macro · Member states · Business and Economic Development · Computer Science · Economic Issues in Ukraine · Global Financial Crisis and Policies · Finance
| Citation velocity | historical |
|---|---|
| Highly cited | No |