NALYSIS OF METHODS FOR FORECASTING SOCIO-ECONOMIC VULNERABILITIES OF COUNTRIES

Keywords: socio-economic vulnerabilities, forecasting, bibliometric analysis, machine learning, mathematical models

Abstract

This study presents a bibliometric analysis of publications focused on the methods of forecasting socio-economic vulnerabilities of countries using Scopus database and visualised with VOSviewer tools. Covering 1991–2025, it shows slow early growth and rapid expansion after 2015, reflecting rising academic interest driven by global challenges, including economic crises, inequality, and illicit practices. Leading contributors are China, the US, and India, while European and other countries show moderate activity, indicating potential for further research. The field is interdisciplinary, with most works in Business, Management and Accounting, and Economics, Econometrics and Finance, alongside contributions from Computer Science, Engineering, Decision Sciences, Social Sciences, and Environmental Science. Bibliometric clustering identifies seven research directions: AI and NLP for vulnerability assessment and cybersecurity; machine learning in socio-economic and environmental systems; statistical and probabilistic modelling for risk management and disaster prevention; algorithmic optimization and software analysis; trajectory modelling in autonomous systems; probabilistic financial forecasting; and public finance, budgeting, and early warning systems. The study emphasizes the growing role of modern analytical tools – machine learning, deep neural networks, and Bayesian modelling – for improving prediction accuracy and supporting decision-making. Future research should integrate cyber threats, corruption, and money laundering into forecasting models. Recurrent neural networks, particularly GRU, are promising for modelling temporal dynamics and capturing short-term fluctuations and long-term trends in socio-economic vulnerability, enhancing prediction reliability and enabling proactive strategies for risk mitigation and economic resilience. The findings contribute to understanding methodological approaches, emerging trends, and research gaps, offering insights for academic research and practical socio-economic risk management.

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Published
2025-11-24
How to Cite
Yarovenko, H. (2025). NALYSIS OF METHODS FOR FORECASTING SOCIO-ECONOMIC VULNERABILITIES OF COUNTRIES. Economy and Society, (81). https://doi.org/10.32782/2524-0072/2025-81-68
Section
ECONOMICS