THEORETICAL ASPECTS OF THE SYNERGY OF MACRO- AND MICROECONOMIC PROCESSES IN A PERIOD OF ECONOMIC INSTABILITY

The article examines the interconnection of macro- and microeconomic processes in times of economic instability, which is a key factor in the formation of a sustainable economic system. The authors analyze the impact of macroeconomic changes, such as inflation, currency fluctuations, fiscal and monetary policy, on microeconomic entities, such as enterprises, households and financial institutions. It is determined that instability at the macro level can lead to adaptation strategies at the micro level, including cost optimization, changes in business models and diversification of production activities. Considerable attention is paid to the analysis of synergy mechanisms between macro- and microeconomic processes that contribute to strengthening the anti-crisis resilience of the economy. The role of state regulation and institutional factors in ensuring a favourable environment for business in the face of economic shocks is emphasized. The approaches to harmonizing the interaction of macro- and micro-levels through stimulating innovation, developing digital technologies, supporting small and medium-sized businesses, and strengthening integration processes are proposed. The role of the financial sector in maintaining economic equilibrium and mechanisms to increase the resilience of the banking system in the face of instability are investigated. It is found that adaptive strategies of the enterprises can be effective under the condition of appropriate macroeconomic policy aimed at creating a stable investment climate and expanding access to credit resources. The article also considers the socio-economic impact of the crisis on employment and welfare, and emphasizes the importance of state support in ensuring social cohesion and economic security. The results of the study confirm that the effective synergy between macro- and microeconomic processes helps to minimize the negative effects of crises and create preconditions for sustainable development. The proposed recommendations can be used to develop economic policy strategies aimed at increasing the competitiveness and adaptability of the national economy and ensuring its dynamic growth.

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Publication Details

Journal
EСONOMY FINANСES MANAGEMENT Topical issues of science and practical activity
Published
2024-12-24
DOI
https://doi.org/10.37128/2411-4413-2024-4-8
Primary Topic
Economic and Technological Developments in Russia
Type
article
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article

THEORETICAL ASPECTS OF THE SYNERGY OF MACRO- AND MICROECONOMIC PROCESSES IN A PERIOD OF ECONOMIC INSTABILITY

А. В. Павленко, Nataliiy Zghadova, Yuriy RABOTIN
EСONOMY FINANСES MANAGEMENT Topical issues of science and practical activity
Economic and Technological Developments in Russia
article

THEORETICAL ASPECTS OF THE SYNERGY OF MACRO- AND MICROECONOMIC PROCESSES IN A PERIOD OF ECONOMIC INSTABILITY

А. В. Павленко, Nataliiy Zghadova, Yuriy RABOTIN
article en

Abstract

The article examines the interconnection of macro- and microeconomic processes in times of economic instability, which is a key factor in the formation of a sustainable economic system. The authors analyze the impact of macroeconomic changes, such as inflation, currency fluctuations, fiscal and monetary policy, on microeconomic entities, such as enterprises, households and financial institutions. It is determined that instability at the macro level can lead to adaptation strategies at the micro level, including cost optimization, changes in business models and diversification of production activities. Considerable attention is paid to the analysis of synergy mechanisms between macro- and microeconomic processes that contribute to strengthening the anti-crisis resilience of the economy. The role of state regulation and institutional factors in ensuring a favourable environment for business in the face of economic shocks is emphasized. The approaches to harmonizing the interaction of macro- and micro-levels through stimulating innovation, developing digital technologies, supporting small and medium-sized businesses, and strengthening integration processes are proposed. The role of the financial sector in maintaining economic equilibrium and mechanisms to increase the resilience of the banking system in the face of instability are investigated. It is found that adaptive strategies of the enterprises can be effective under the condition of appropriate macroeconomic policy aimed at creating a stable investment climate and expanding access to credit resources. The article also considers the socio-economic impact of the crisis on employment and welfare, and emphasizes the importance of state support in ensuring social cohesion and economic security. The results of the study confirm that the effective synergy between macro- and microeconomic processes helps to minimize the negative effects of crises and create preconditions for sustainable development. The proposed recommendations can be used to develop economic policy strategies aimed at increasing the competitiveness and adaptability of the national economy and ensuring its dynamic growth.

EСONOMY FINANСES MANAGEMENT Topical issues of science and practical activity(4 (70))
National Technological University (AR)
Openalex Percentile: Top 40%
Economic and Technological Developments in Russia
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