ECONOMIC SECURITY AS AN ELEMENT OF THE REGION’S DEVELOPMENT PROCESS ON THE EXAMPLE OF COMMUNES OF THE SWIETOKRZYSKIE VOIVODSHIP

Piotr Wiraszka () and Urszula Karpinska ()
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Piotr Wiraszka: The Apeiron School of Public and Individual Security in Krakow, Poland
Urszula Karpinska: Cooperative Bank in Kielce, Poland

Baltic Journal of Economic Studies, 2020, vol. 6, issue 3

Abstract: Economic security can be described as a process, in which one seeks to achieve a state of calmness and the ability to neutralize emerging threats, in a geographically or culturally defined space, in which an individual, legal entity or territory has a feeling similar to certainty that they have and will have sufficient the amount of resources to cover current needs and that there will be no risky situations that would deprive these entities of their resources. The aim of the article is to assess the diversification of economic security of communes in the Swietokrzyskie Voivodship in 2009-2018, using a synthetic measure. Empirical data were collected in spatial terms for 102 communes of the Swietokrzyskie Voivodship. The material used was data from the Local Data Bank of the Central Statistical Office and the Regional Accounting Chamber of Kielce for 2009-2017. When discussing the activities of local entities in the process of shaping economic security, the first thing to emphasize is the importance of Local Government Units (LGUs), the operation of which is key in ensuring the continuity of the development process and striving to ensure an adequate level of security. Economic security is expressed primarily in the economy's ability to survive and develop. The greater the economic potential of the national economy is at a higher level of socioeconomic development and shows faster growth dynamics, the more stable and durable its security is considered. The study showed a diversified level of financial security for communes in the Swietokrzyskie Voivodship. In 2018, the measure of the level of financial security ranged from 0.65 to 0.85, while from 0.69 to 0.87 in 2009.

Keywords: regional development; economic security; commune (search for similar items in EconPapers)
JEL-codes: F52 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:bal:journl:2256-0742:2020:6:3:9

DOI: 10.30525/2256-0742/2020-6-3-67-75

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