Abstract

Purpose – The article is aimed at evaluation of the patterns of demographic processes development in terms of their impact on shaping the level of countries’ economic security. Research methodology – The study is based on a multidimensional estimation technique, which proposes the development of an integral indicator of the demographic component of countries’ economic security. Stochastic research methods, in particular the t-test method, were used to identify and justify different hazard zones. Findings – On the basis of the formed sample of the countries, the integral indices of the level of the demographic component of countries’ economic security for the period of 2000–2018 were calculated. The thresholds of demographic security indicators were identified and reasoned; the countries’ security risks by demographic indicators were assessed; systematisation of countries according to the level of the demographic component of security was provided. Research limitations – It is proposed to include ten indicators in the structure of the index of the demographic component of economic security; these indicators characterise different aspects of the demographic processes development. However, this is not a complete list of possible valuation indicators. This determines the necessity of further studies in terms of justifying the advisability of including various parameters and assessing the degree of their importance in the structure of the demographic security index. Practical implications – The practical value of the results of the comprehensive analysis of the demographic processes development in the system of ensuring countries’ economic security is the possibility of identifying real or potential threats to the sustainable social and economic development of countries and regions of the world. Originality/Value – The authors’ improved methodology for assessing the level of economic security based on the demographic component consideration, taking into account the system of proposed indices, allows to assess the level of security, to monitor its changes and to identify factors that pose risks not only for one country but also for groups of countries both in regional dimension and in terms of the level of their development.

Highlights

  • Demographic component of the security determines such state-of-art of a nation when the implementation of human potential, provision of sufficient living conditions as well as the quality of life become the basis, in terms of which birth rate and migration correspond to the available resources and compensate ageing of population and mortality being the fundamental condition of both national and international security (Ptoukha Institute for Demography and Social Studies of the National Academy of Sciences of Ukraine, 2018)

  • It becomes topical to study problems as for the provision of optimum level of the demographic component of economic security relying upon a complex integral analysis of both tendencies and regularities of demographic progress as well as upon evaluation of risks and challenges to the total economic security

  • We believe that on the one hand, the problems of such quantitative evaluation of demographic security based upon the integrated involvement of a set of demographic indices as part of the integral index as well as the development of tools to evaluate boundary values of the parameters to be considered as the evaluation criteria for security status and inform of risks and threats become critical

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Summary

Introduction

It becomes topical to study problems as for the provision of optimum level of the demographic component of economic security relying upon a complex integral analysis of both tendencies and regularities of demographic progress as well as upon evaluation of risks and challenges to the total economic security. Fragmentary nature of the study results, insufficient completeness and consistency of consideration of multi-aspect principles of the demographic change manifestation, nonavailability of the integrated approach as for the implementation of tools to evaluate quantitatively the development level of demographic processes as well as high intensive format of their changes both at the level of one country and at the worldwide level and the global system stipulate the necessity of further studies. We believe that on the one hand, the problems of such quantitative evaluation of demographic security based upon the integrated involvement of a set of demographic indices as part of the integral index as well as the development of tools to evaluate boundary values of the parameters to be considered as the evaluation criteria for security status and inform of risks and threats become critical

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