Military-Economic Capabilities of Ukraine During the Transformation

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Abstract:

Since the collapse of the Soviet Union and the end of the Cold War, military tensions in Europe have significantly decreased. However, the rapid evolution of weapon systems, warfare formats, and geopolitical trends of regional and global players in the international arena have led to increased demand for arms, rising military expenditures, and military escalations. In response to Russia’s armed aggression, Ukraine has begun the process of building up its military power, which, in turn, has caused an economic shock. This article aims to highlight the current trends in militarization and economic growth and analyze the military power and economic indicators of Ukraine, some NATO member states, and Russia. The study’s subject is the indicators of several states’ military and economic capabilities. The study was conducted using empirical research, analysis and synthesis, and formulation of assumptions. The article examines the problematic issues of Ukraine’s economic growth and military capability, focusing on the period leading up to the full-scale war. The study covers a set of fundamental events in Ukraine’s historical paradigm. It identifies trends in establishing close diplomatic relations between Ukraine and Western countries. At the same time, the work reveals the importance of transforming the state’s military and economic capabilities.