PECULIARITIES OF STATE REGULATION OF FOREIGN ECONOMIC ACTIVITY UNDER MARTIAL LAW: INTERNATIONAL EXPERIENCE

Abstract

State regulation of foreign economic activity (FEA) is a key instrument for maintaining economic stability and development, especially under martial law. The aim of this article is to explore the peculiarities of state regulation of FEA during military conflicts and to identify the most effective strategies for Ukraine. The relevance of the topic is driven by the necessity to adapt economic policies in the context of military actions, which is crucial for ensuring national security and economic stability. The study employs a comparative analysis of international experiences in regulating FEA during military conflicts. The methodology includes a systematic approach to examining economic sanctions, the role of international aid, the development of the shadow economy, and anti-corruption efforts in different countries. The main results of the study indicate that countries employing a comprehensive approach to regulating FEA achieved better economic outcomes during conflict periods. Specifically, successful strategies include export diversification, strengthening anti-corruption measures, effective utilization of international aid, and reinforcing the financial system. The practical value of the article lies in providing recommendations for Ukraine to improve state regulation of FEA under the current martial law conditions. The proposed strategies can help Ukraine mitigate economic risks, enhance economic resilience, and ensure compliance with international standards. Thus, the study contributes to the development of effective policies to support the country's economic stability and growth during wartime. It is also important to note that this analysis can be useful not only for government organizations but also for the private sector, which seeks to adapt to new conditions and minimize risks. The results obtained can be applied to develop new approaches to regulating FEA that take into account current challenges and opportunities, thus ensuring the resilience and competitiveness of the national economy. Given the globalization and rapid changes in the global economy, implementing these recommendations is crucial for Ukraine's sustainable development.