Managing Economic Risks in Project and Financial Management: Interaction of National Security and Sustainable Development in a Globalized World

This study examines how project- and financial-level risk management influences national security and sustainable development during a global polycrisis. Integrating empirical data from the Allianz Risk Barometer, WEF Global Risks Report, ACFE Report to the Nations, and Ecological Threat Report, the research evaluates links between project failures, occupational fraud, and macroeconomic stability via systematic literature review and quantitative analysis. Findings show traditional models fail against systemic vulnerabilities, illustrated by a steel-copper price correlation surge from 0.22 to 0.55. Furthermore, occupational fraud consumes 5% of gross revenues, stressing the need for economic unshadowing and transparent procurement. Organizations must adopt nexus-based governance incorporating digital forensics, adaptive budgeting, and alignment with UN Sustainable Development Goals. Ultimately, mitigating micro-level economic risks is a vital prerequisite for national resilience.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2026-10-26
DOI
https://doi.org/10.5281/zenodo.23668850
Primary Topic
Risk Management in Financial Firms
Type
preprint
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preprint

Managing Economic Risks in Project and Financial Management: Interaction of National Security and Sustainable Development in a Globalized World

Iryna M. Chmutova, Oleksandr Levchenko, Юлія Сиволап, Serhii Melnykov et al.
Zenodo (CERN European Organization for Nuclear Research)
Risk Management in Financial Firms
preprint

Managing Economic Risks in Project and Financial Management: Interaction of National Security and Sustainable Development in a Globalized World

Iryna M. Chmutova, Oleksandr Levchenko, Юлія Сиволап, Serhii Melnykov, Yevhen Pereverziev, Artur Lupashko
preprint en

Abstract

This study examines how project- and financial-level risk management influences national security and sustainable development during a global polycrisis. Integrating empirical data from the Allianz Risk Barometer, WEF Global Risks Report, ACFE Report to the Nations, and Ecological Threat Report, the research evaluates links between project failures, occupational fraud, and macroeconomic stability via systematic literature review and quantitative analysis. Findings show traditional models fail against systemic vulnerabilities, illustrated by a steel-copper price correlation surge from 0.22 to 0.55. Furthermore, occupational fraud consumes 5% of gross revenues, stressing the need for economic unshadowing and transparent procurement. Organizations must adopt nexus-based governance incorporating digital forensics, adaptive budgeting, and alignment with UN Sustainable Development Goals. Ultimately, mitigating micro-level economic risks is a vital prerequisite for national resilience.

Zenodo (CERN European Organization for Nuclear Research)
Simon Kuznets Kharkiv National University of Economics (UA), Volodymyr Vynnychenko Central Ukrainian State University (UA), Rauf Ablyazov East European University (UA), Odessa National Maritime University (UA)
Risk Management in Financial Firms
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Managing Economic Risks in Project and Financial Management: Interaction of National Security and Sustainable Development in a Globalized World — Iryna M. Chmutova, Oleksandr Levchenko, et al. · Zenodo (CERN European Organization for Nuclear Research) (2026) | TGRS Research Map | TGRS