Transformation of state regulation mechanisms for economic security amid modern hybrid threats: European experience and Ukrainian realities

Keywords: economic security, state regulation mechanisms, hybrid threats, digital transformation, public-private partnership, European experience, strategic planning, proactive management, post-war recovery.

Abstract

This article examines the theoretical-methodological foundations and practical aspects of transforming state economic security regulation mechanisms in the context of modern hybrid threats. Through systematic analysis, four key methodological approaches to ensuring state economic security are identified and critically analyzed: neoclassical, institutional, network-based, and proactive. The study reveals their distinct characteristics, advantages, and limitations in countering hybrid threats. The research analyzes European experience in transforming economic security mechanisms, particularly examining practices from leading EU countries in developing resilient security frameworks and innovative response mechanisms to hybrid challenges. The findings indicate a trend toward comprehensively integrating various methodological approaches and tools, ranging from classical market and institutional mechanisms to innovative network-based and foresight instruments. Based on comparative analysis of European experience and Ukrainian realities, the paper establishes conceptual foundations for modernizing Ukraine’s state economic security regulatory system. The study proposes a regulatory mechanism transformation matrix that accounts for current conditions and defines priority directions for change within each methodological approach. The research argues for phased implementation of proposed mechanisms, considering available resources and state institutional capacity. Special attention is given to digital transformation and public-private partnerships as key drivers for modernizing the economic security system, with particular focus on developing resilient institutional frameworks and adaptive response capabilities. The article outlines prospects for further research, particularly regarding development of comprehensive methodology for evaluating regulatory mechanism effectiveness and adapting European practices to Ukrainian post-war recovery realities, emphasizing the importance of building sustainable and resilient security architectures in the face of evolving hybrid threats.

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Author Biography

Denys Papyrin, V. N. Karazin Kharkiv National University, 4 Svobody Sq, Kharkiv, 61022, Ukraine

PhD-student at the Department of economic policy and management
Educational and Scientific Institute «Institute of Public Administration»
Educational and Scientific Institute «Institute of Public Administration»,
V. N. Karazin Kharkiv National University, 4 Svobody Sq., Kharkiv, 61022, Ukraine

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Published
2025-01-06
How to Cite
Papyrin, D. (2025). Transformation of state regulation mechanisms for economic security amid modern hybrid threats: European experience and Ukrainian realities. Theory and Practice of Public Administration, 2(79), 342–362. https://doi.org/10.26565/1727-6667-2024-2-17
Section
State Regulation of Economic and Social Development Processes