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Research Article

Tools for Anti-Crisis Regulation of the Economy in Ukraine Under Martial Law

Oleksandr Panaiet; Svitlana Manzhula

International Journal of Psychology and Strategic Communication, Vol. 1, No. 1, pp. 47–54, 2025

https://doi.org/10.61030/IJPSC.25.v01a05

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double-blind
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CC-BY-4.0
year
2025
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registered

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Abstract

The study's relevance stems from the ongoing military conflict in Ukraine, which necessitates the use of effective instruments of countercyclical regulation in an economically disrupted environment. Regulating the economy during wartime presents significant challenges, as the state must account for the impact of military operations on economic stability. By analyzing scholarly perspectives, the article emphasizes the importance of combining fiscal and monetary policies to achieve maximum effectiveness under such conditions. The study’s objective is to analyze and evaluate key instruments of fiscal and monetary policy within the context of martial law in Ukraine.

This issue also presents timely research on broader global dynamics. In particular, it explores the ethical and strategic implications of artificial intelligence, ESG-related risks in international finance, and corporate social responsibility across cultures. Furthermore, a central theme across the contributions is the role of co-creation in international settings—whether through adaptive marketing strategies, cross-border HR practices, or collaborative innovation—as a critical factor in managing global complexity.

Keywords: anti-crisis regulation, monetary policy, fiscal policy, crisis, military conflict, martial law

Double-blind peer reviewOpen AccessCC BY 4.0Published 2025DOI registered

Anti-Crisis Regulation of the EconomyArticle Title

Tools for Anti-Crisis Regulation of the Economy in Ukraine Under Martial Law

Authors

Oleksandr Panaiet
Student, Odesa National Economic University, Odesa, Ukraine

Svitlana Manzhula
PhD, Senior Teacher, Department of Economic Cybernetics and Information Technologies, Odesa National Economic University, Odesa, Ukraine

Journal Details

Abstract

​

The study’s relevance is due to the current military conflict in Ukraine, which has led to the need to consider
effective instruments of countercyclical regulation in an economically unnatural environment. The problem lies
in the difficulties of regulating the economy in times of war, where the state has to take into account the impact
of the military front on the economic front. By analysing the views of scholars, the article highlights the
importance of using fiscal and monetary policies together to achieve maximum efficiency in a military conflict.
The study aims to analyse and evaluate the key instruments of fiscal and monetary policy used in the
context of martial law in Ukraine. The methodology used includes an analysis of the views of prominent scholars
such as Stefan Kegebain, Christopher Mark Davis, Taras Marshalok, Yulia Leliuk, Marianna Bida, and Iryna
Ruda. Who allows us to systematise information and identify optimal management strategies in an economically
unnatural environment.
Thus, the paper identifies the importance of using fiscal and monetary policies in the context of military
conflict and reveals the prospects for their application to stabilise the economy and ensure the effective functioning
of the state in times of crisis.

Keywords

anti-crisis regulation, monetary policy, fiscal policy, crisis, military conflict, martial law​

How to Cite This Article

Panaiet, O., & Manzhula, S. (2025). Tools for Anti-Crisis Regulation of the Economy in Ukraine Under Martial Law. International Journal of Psychology and Strategic Communication, 1(5). https://doi.org/10.61030/IJPSC.25.v01a05​

Full Article (PDF)

https://ijpsc.org/journal/v01/05.pdf

05

Metadata and Info

IJPSC Citation Tools

Cite this article

10.61030/IJPSC.25.v01a05

Oleksandr Panaiet, Student, Odesa National Economic University, Odesa, Ukraine, Svitlana Manzhula, & PhD, Senior Teacher, Department of Economic Cybernetics and Information Technologies, Odesa National Economic University, Odesa, Ukraine (2025). Tools for Anti-Crisis Regulation of the Economy in Ukraine Under Martial Law. International Journal of Psychology and Strategic Communication. https://doi.org/10.61030/IJPSC.25.v01a05

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