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The Peculiarities of Economic Inclusion During Wartime
Ptashchenko O. V., Denysiuk O. V., Kurtsev O. Y., Malinka I. L.

Ptashchenko, Olena V. et al. (2023) “The Peculiarities of Economic Inclusion During Wartime.” Business Inform 5:11–18.
https://doi.org/10.32983/2222-4459-2023-5-11-18

Section: Economic Theory

UDC 336.051

Abstract:
In the presented publications the main aspects of economic inclusion and the current state of the economy of Ukraine are considered. The components of economic inclusion are defined, namely: 1) responding to economic challenges. The wartime period is accompanied by dramatic changes in the economic sphere, such as the destruction of infrastructure, job losses, interruption of economic ties and other challenges. Economic inclusion in this context lies in the development and implementation of strategies for economic recovery, creating new jobs and ensuring sustainable economic growth. 2) Taking into account the needs of vulnerable groups. Military conflicts can affect different groups of the population unevenly. Economic inclusion requires special attention to the needs of vulnerable groups such as internally displaced persons, military veterans, women and children. Economic inclusion should promote their integration in economic processes, ensuring social protection and equal opportunities. 3) Provision of social stability. Economic inclusion during wartime is also aimed at ensuring social stability. This means creating conditions to reduce inequality, ensure access to resources and services, prevent conflicts and promote a peaceful revival of society. 4) Expanding access to financial resources. During wartime, access to financial services may be limited. Economic inclusion involves promoting increased access to financial resources, allowing for the development of microfinance institutions, creating favorable conditions for lending to small and medium-sized enterprises, expanding access to banking services and financial education. Such peculiarities form the current state of the economic system from the side of its inclusiveness. It should also be noted that the wartime period may require restructuring of the economy in order to restore and maintain sustainable development. Economic inclusion contributes to the creation of favorable conditions for economic restructuring, development of new sectors, support for small and medium-sized enterprises, attractiveness of investments and attraction of external resources. Taking into account the peculiarities of the wartime period, economic inclusion is becoming an important instrument for restoring and building sustainable development. The path to success lies in a harmonious combination of economic measures with the promotion of social justice, the protection of human rights, and the active cooperation of all interested parties.

Keywords: inclusion, inclusive economy, inclusiveness, economic system, components of inclusion.

Bibl.: 11.

Ptashchenko Olena V. – Doctor of Sciences (Economics), Professor, Professor, Department of Entrepreneurship and Trade, West Ukrainian National University (11 Lvivska Str., Ternopil, 46009, Ukraine)
Email: [email protected]
Denysiuk Olga V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Economics, Management and Territory Management of a Separate Structural Subdivision, Institute of Innovative Education Kyiv National University of Civil Engineering and Architecture (4 Osvity Str., Kyiv, 03037, Ukraine)
Email: [email protected]
Kurtsev Oleksiy Yu. – Candidate of Sciences (Law), Lecturer, The Department of the State Administration, Public Management and Regional Economy, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]
Malinka Inna L. – Student, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)

List of references in article

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Chetverta promyslova revoliutsiia: zmina napriamiv mizhnarodnykh investytsiinykh potokiv [The Fourth Industrial Revolution: Changing the Direction of International Investment Flows]. Ternopil: Osadtsa Yu. V., 2018.

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