LEADING RISKS OF GEOPOLITICA AND GEOECONOMICS FOR BUSINESS ACTIVITY IN UKRAINE DURING THE WAR

Abstract

The article analyzes the current leading risks of geopolitics and geo-economics for business activity in Ukraine. Research has shown that domestic business activity largely depends on the level of intensity and success of military operations in the east and south of Ukraine, in the protection of infrastructure, and the rapid restructuring of the economy for military needs. In addition, the risks lie in the NBU’s low-incentive financial and investment policy; inconsistency on military-technical assistance; failure of sanctions measures against the aggressor country; political uncertainty in many countries that actively support Ukraine in the war against the aggressor. There is also global defragmentation, as well as the emergence of new conflict zones in the world, which significantly reduces the growth rate of the global economy and trade, and complicate financial and investment processes in the world. All this requires Ukraine to strengthen its leadership, flexibility, prompt response to challenges and the formation of its own strategic vision for solving problems both at the international level, with regional cooperation and with internal mobilization of resources. This approach determines the strengthening and intellectualization of foreign policy institutions of Ukraine with the formation of optimal strategies, the selection of appropriate available external and internal resources in countering existing geopolitical and geo-economic risks.