The Role of Socio-Economic Factors in Ensuring Economic Security

Ivan A. Chusov, Oxana V. Kravtsova, Sergey A. Dmitrienko, Natalya M. Gazaryan and Dmitry V. Kalashnikov

Chapter 38 in The Sustainable Development of the Entrepreneurial Economy in the Fifth Industrial Revolution, 2026, pp 453-459 from World Scientific Publishing Co. Pte. Ltd.

Abstract: This research examines the role of socio-economic factors in ensuring economic security. It explores and analyzes factors such as employment – whose importance cannot be overstated – and its connection to another critical factor, population income, as well as the investment climate and international cooperation. Amid global instability and intensified competition in world markets, the issues of a state’s economic security have become increasingly urgent. Socio-economic factors, such as the level of social inequality, access to quality education and healthcare, and the state of social welfare systems, significantly influence a country’s economic resilience. The authors analyze these socio-economic factors, highlight key threats to economic security linked to socio-economic conditions, and offer practical recommendations to mitigate them. Economic security is understood as a state of the economy that ensures the protection of national interests, the ability to withstand external and internal crises, and the potential for economic growth aimed at improving citizens’ well-being. Particular attention is given to issues of government regulation and cross-sectoral cooperation in strengthening economic stability and protecting national interests.

Keywords: Sustainable Development; Entrepreneurship; Innovation; Technology; Information Management; Organizational Behavior; Industrial Organization; Entrepreneurial Economy; Fifth Industrial Revolution; Cause-and-Effect Relationships; Fourth Industrial Revolution; Digital Technology; Industry 5.0; Operations Management; Operations Research; Supply Chain Management; Fintech; Cryptocurrency; Blockchain; Economics and Finance; Corporate Governance; Technological Environment; National Economy; State Management; Corporate Management; Agro-Industrial Complex 5.0; Fuel and Energy Complex 5.0; BRICS; EAEU; Central Asia; Social Responsibility; Digital Competitiveness; Digital Energy; Entrepreneurial Universities 5.0; Machine Learning; Cyber-Social System; Smart Company; Management of AI; Automatization; Decision-Making in Entrepreneurship; Big Data; Blockchain Finance; Robotisation Of Production; Applied Technological Solutions; Smart City; Local Entrepreneurial Economy; Modernisation; Institutes of Globalisation; E-Government; Innovative Economy; Knowledge Society; BRICS+ (search for similar items in EconPapers)
JEL-codes: L26 O33 Q01 (search for similar items in EconPapers)
Date: 2026
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