The article examines aspects of public policy formation with the aim of implementing the mobilization model of economic development. Threats and challenges to Ukraine’s national security under martial law indicate about the need for fundamental changes in approaches to the formation of the foundations of public policy aimed at a deep transformation of economic relations. Public policy can become a means of overcoming disputes in society and contribute to the establishment of an order that is recognized by all members of society. And the extent to which public policy takes care of the interests and needs of the common people, or defends transnational, oligarchic, state-bureaucratic, party, confessional, or any other corporate interests, will depend on the actual degree of its publicity and the effectiveness of confronting modern challenges and threats. The main concepts of ensuring the economic security of the state and accelerating its economic development are considered. For the effective functioning of the mobilization model of economic development, there is a need to centralize the state administration system with a strengthening of the role of planning, organization, regulation and control. Economic security is achieved in the presence of the necessary norms, appropriate public policy, an effective mechanism of state administration, effective institutions for the protection of the public interest, and coordination of the activities of political and public forces. The economy of the state should always be aimed at achieving specific social goals, the basis of which is a person, various components of his comprehensive development, his rights, the opportunity to live and work peacefully, cooperation and a fair system. The mobilization model of economic development is meant as an anti-crisis model of the economy, aimed at maximum protection of the state from various threats and challenges, which is based on a special system of public management of economic activity, which allows to ensure the fullest use and restoration of production factors. Only the state can carry out the necessary mobilization of the economy for the benefit of society, taking into account the interests of future generations. Business itself is not capable of this. The work raises the question of fundamental reform of economic relations, overcoming the consequences of economic degradation in the conditions of the arbitrariness of the colonial-oligarchic model of the economy, changing the vector of the country’s socio-economic development in the direction of ensuring economic, technological, digital, cultural and educational sovereignty. According to the results of these processes, not only the management system and the economy must change, people must change, the state itself must change.
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